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Indonesia surpasses Thailand in automobile exports to Vietnam

Indonesia overtook Thailand and retained the highest position in passenger automobile exports to Vietnam in the primary five months of the yr with 15,074 units.
Vietnamese customs data shows that 53 percent of the 28,523 imported cars with nine seats or less went to Indonesia.

Thailand got here in second with 37%, losing the highest spot it had held since 2016. Both countries account for 90%. import of passenger cars to Vietnam.

Cars imported from Indonesia include the Mitsubishi Xpander multi-purpose vehicle, which was among the many top 10 best-selling cars last month, in addition to other models corresponding to the Toyota Wigo and Honda Brio hatchbacks.

Passenger automobile imports from January to May fell 40 percent year-on-year to twenty-eight,523 units as domestic demand fell and factories in Thailand and Indonesia closed to contain the spread of the brand new coronavirus.

During the identical period, auto parts imports fell 19.6 percent year-on-year to $1.3 billion.

Source: vnexpress.net

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