Skip to content
Automotive

Indonesia surpasses Thailand as Vietnam’s largest car exporter

By Rajiv MenonThailand
1 min read
vietnam traffic car
vietnam traffic car
In this article (5)

Indonesia surpassed Thailand as Vietnam’s largest car exporter in 2022, with 72,671 cars exported.

According to statistics released by Vietnam Customs, Vietnam imported 173,467 cars in 2022, an 8.5% increase from 2021.

Indonesia, Thailand and China were the biggest car exporters to Vietnam, but Indonesia surpassed Thailand to be the country that exported the most cars to Vietnam, with 72,671 cars exported in total, a 64.2% increase from 2021, and worth $10.5 billion.

Thailand exported 72,032 cars worth $1.42 billion to Vietnam in 2022, a 10.9% decrease in number from 2021. The number of cars imported from Indonesia and Thailand amounted to 144,703 cars, accounting for 83% of all imported cars. China stood in third place, exporting 17,240 cars to Vietnam in 2022.

For the first time in decades, the number of cars sold in Vietnam in 2022 reached 508,547 cars, according to statistics from the Vietnam Automobile Manufacturers’ Association and TC Motor.

Questions & Answers

Q.

What was the total value of cars exported by Indonesia to Vietnam in 2022?

A.

Indonesia's car exports to Vietnam in 2022 were valued at $10.5 billion. This marked a significant increase from the previous year, securing its position as Vietnam's largest car exporter.

Q.

What percentage of Vietnam's total imported cars in 2022 came from Indonesia and Thailand?

A.

Cars imported from Indonesia and Thailand together accounted for 83% of all imported cars in Vietnam during 2022. This represents a combined total of 144,703 vehicles from these two nations.

Q.

How many cars did Thailand export to Vietnam in 2022, and how did this compare to the previous year?

A.

Thailand exported 72,032 cars to Vietnam in 2022, which was worth $1.42 billion. This figure represented a 10.9% decrease in the number of cars exported compared to 2021.

Q.

What was the total number of cars imported by Vietnam in 2022, and how did this change from 2021?

A.

Vietnam imported a total of 173,467 cars in 2022. This volume represented an 8.5% increase in car imports compared to the figures recorded in 2021.

Reader pulse

Is Indonesia's lead sustainable?

16,725 votes so far

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready