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Haikou Jiangdong New Area
Trade

Vietnam's automobile import down 32.6 pct in 7 months

August 06, 2020


Abstract : Vietnam spent over 2.9 billion U.S. dollars on importing completely-built automobiles and components for assembly in the first seven months of this year, posting a year-on-year decrease of 32.6 percent.

HANOI, Aug. 5 (Xinhua) -- Vietnam spent over 2.9 billion U.S. dollars on importing completely-built automobiles and components for assembly in the first seven months of this year, posting a year-on-year decrease of 32.6 percent.

Specifically, the country imported nearly 44,300 completely-built automobiles worth over 1 billion U.S. dollars, down 48.3 percent in volume and 47.6 percent in value, according to the country's Ministry of Industry and Trade on Wednesday.

In 2019, Vietnam spent over 7.4 billion U.S. dollars importing completely-built automobiles and components for assembly. Specifically, the country imported roughly 141,700 completely-built automobiles worth more than 3.2 billion U.S. dollars. Enditem

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Keyword: foreign trade auto import

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