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Vietnam | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Vietnam totalled $ 220 million in 2022. Sales of commodity group 8703 from Vietnam decreased by 14.1% in value terms compared to 2021. exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" decreased by $ 36 million (cumulative exports of commodity group 8703 from Vietnam amounted $256 million in 2021)

Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 0.059% of total exports from Vietnam (cumulative merchandise exports from Vietnam totalled $ 370 billion in 2022). The share of commodity group 8703 in total exports from Vietnam decreased by 0.016 p.p. compared to 2021 (it was 0.076% in 2021 and cumulative exports from Vietnam were equal to $ 335 billion).

Exports of commodity group 8703 amounted to 4.42% of total sales of group "" from Vietnam in 2022 (the value of exports of commodity group from Vietnam amounted to $4.97 billion in 2022). The share of exports of commodity group 8703 in sales of commodity group from Vietnam lowered by 1.93 p.p. compared to 2021 (it was 6.36% in 2021, and exports of commodity group from Vietnam were $4.02 billion).

Exports | Vietnam | 8703

Export destinations of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from Vietnam

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Where does Vietnam export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?

Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Vietnam in 2022:

USA with a share of 81% (180 million US$)
Spain with a share of 6.36% (14 million US$)
United Kingdom with a share of 3.2% (7.06 million US$)
Canada with a share of 1.77% (3.9 million US$)
Netherlands with a share of 1.51% (3.33 million US$)
Germany with a share of 1.32% (2.92 million US$)
Thailand - 2.11 million US$
China - 1.57 million US$
Myanmar - 1.17 million US$
Singapore - 786 thousand US$

Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Vietnam in 2022 represented by the following main commodity groups:

42% (94 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
11.8% (26 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
0.997% (2.19 million US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
0.775% (1.7 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
0.13% (287 thousand US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
0.026% (57 thousand US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
0.011% (25 thousand US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
0.004% (10 thousand US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc

The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to Vietnam totalled $ 2.78 billion in 2022. Sales of commodity group 8703 to Vietnam went up by 33% compared to 2021: imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 699 million (the value of imports of commodity group 8703 to Vietnam was equal to $2.08 billion in 2021)

Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 0.775% of total import flow to Vietnam (in 2022, total imports to Vietnam amounted to $ 358 billion). The share of commodity group 8703 in total imports to Vietnam increased by 0.145 p.p. compared to 2021 (it was 0.629% in 2021 and cumulative imports to Vietnam were equal to $ 330 billion).

Imports of commodity group 8703 reached 34% of total imports of group "" to Vietnam in 2022 (imports of commodity group to Vietnam totalled $8.13 billion in 2022). The share of purchases of commodity group 8703 in total imports of commodity group to Vietnam increased by 6.2 p.p. compared to 2021 (it was 27% in 2021, and imports of commodity group to Vietnam accounted for $7.44 billion).

Imports of commodity group 8703 reached 99 percent of total imports of group "" to Vietnam in 2022 (imports of commodity group to Vietnam totalled 2.78 billion USD in 2022). The share of purchases of commodity group 8703 in imports of commodity group to Vietnam went down by 0 p.p. compared to 2021 (it was 100 percent in 2021, and imports of commodity group to Vietnam accounted for 2.08 billion USD).

Imports | Vietnam | 8703

Sources of imports of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars for Vietnam