Compared to the same period in 2019, import turnover of auto components and spare parts has decreased byUS$400 million.

According to the General Department of Customs, in the first half of November, Vietnam spent nearly US$195 million to import automobile components and spare parts, thereby bringing the total import turnover of this commodity group to US$3.25 billion since the beginning of the year.

However, compared to the same period in 2019, import turnover of auto components and spare parts still decreased byUS$400 million.

The import markets for this commodity group mainly come from Asia, includingKorea, Japan, Thailand and China.

Notably, the General Department of Customs data also recorded that, in the first half of November, Vietnam exported auto parts with a turnover of US$258.6 million, thereby bringing the total turnover from the beginning of the year to US$4.77billion.

Looking at the export and import of auto parts and accessories as mentioned above, it is possible to strongly globalize this manufacturing industry.

Also in the first half of November, the country imported 6,227 CBU cars with a total turnover of nearly US$135.5 million.

Accumulated from the beginning of the year to November 15, Vietnam imported 86,299 CBU cars with a total turnover of nearlyUS$1.9 billion.