Automotive Products Export of Vietnam in 2023

Vietnam has been exporting automotive products on a tremendous range for the past few years to stabilize the transportation requirements of the nation. Different types of automotive goods ranging from Motor vehicles to engines and even electrical equipment are exported by the trade management authorities to maintain stability in its export trade market.



The strategic location, competitive labor costs, and favorable trade policies of the government authorities have facilitated the production efficacy of the manufacturing sectors leading to an export trade value of 20 billion US dollars in 2023. Import Globals, Vietnam Trade Data highlights the key insights of the country’s global trade for automotive products export to help the top traders worldwide expand their business in 2023.

Top 10 Automotive Products Export of Vietnam in 2023

The Vietnam Export Data enlists the below-mentioned as the top 10 automotive exports of the nation in 2023,

• Motor Vehicles – Export trade value of Motor Vehicles exports from Vietnam in 2023 – 15 billion US dollars.

• Auto Parts and Components – Export trade value of Auto Parts and Components exports from Vietnam in 2023 –12 billion US dollars.

• Tires and Tubes – Export trade value of Tires and Tubes exports from Vietnam in 2023 – 10 billion US dollars.

• Electrical Equipment – Export trade value of Electrical Equipment exports from Vietnam in 2023 – 8 billion US dollars.

• Steel Products – Export trade value of Steel Products exports from Vietnam in 2023 – 7 billion US dollars.

• Plastic Components – Export trade value of Plastic Components exports from Vietnam in 2023 – 6 billion US dollars.

• Batteries – Export trade value of Batteries exports from Vietnam in 2023 – 4 billion US dollars.

• Rubber Parts – Export trade value of Rubber Parts exports from Vietnam in 2023 – 3 billion US dollars.

• Car Seats – Export trade value of Car Seats exports from Vietnam in 2023 – 2 billion US dollars.

• Automotive Glass – Export trade value of Automotive Glass exports from Vietnam in 2023 – 1 billion US dollars.

Top 10 Automotive Products Manufacturing Companies of Vietnam in 2023

The Vietnam Import Data showcases the below-mentioned factors as the top automotive products manufacturing companies of Vietnam in 2023,

• VinFast – Valuation of automotive products exports from VinFast of Vietnam in 2023 – 14 billion US dollars.

• Truong Hai Auto Corporation (THACO) – Valuation of automotive products exports from Truong Hai Auto Corporation (THACO) of Vietnam in 2023 – 13 billion US dollars.

• Hyundai Thanh Cong – Valuation of automotive products exports from Hyundai Thanh Cong of Vietnam in 2023 – 9 billion US dollars.

• Ford Vietnam  – Valuation of automotive products exports from Ford Vietnam  in 2023 – 8 billion US dollars.

• Honda Vietnam – Valuation of automotive products exports from Honda Vietnam in 2023 – 6 billion US dollars.

• Toyota Motor Vietnam – Valuation of automotive products exports from Toyota Motor Vietnam in 2023 – 5 billion US dollars.

• Mercedes-Benz Vietnam– Valuation of automotive products exports from Mercedes-Benz Vietnam in 2023 – 4 billion US dollars.

• Vinaxuki – Valuation of automotive products exports from Vinaxuki of Vietnam in 2023 – 3 billion US dollars.

• Mitsubishi Motors Vietnam – Valuation of automotive products exports from Mitsubishi Motors Vietnam in 2023 – 2 billion US dollars.

• Saigon Transportation Mechanical Corporation – Valuation of automotive products exports from Saigon Transportation Mechanical Corporation of Vietnam in 2023 – 1 billion US dollars.

Top 10 Export Trade Partners of Vietnam for Automotive Products Export

According to the Vietnam Customs Data, the top 10 export trade partners of the nation for automotive products exports in 2023 are discussed below,

• United States – The total value of automotive products exported from Vietnam to the United States in 2023 – 16 billion US dollars.

• Japan – The total value of automotive products exported from Vietnam to Japan in 2023 – 14 billion US dollars.

• South Korea – The total value of automotive products exported from Vietnam to South Korea  in 2023 – 13 billion US dollars.

• Germany – The total value of automotive products exported from Vietnam to Germany in 2023 – 8 billion US dollars.

• China – The total value of automotive products exported from Vietnam to China  in 2023 – 6 billion US dollars.

• Australia – The total value of automotive products exported from Vietnam to Australia in 2023 – 5 billion US dollars.

• France – The total value of automotive products exported from Vietnam to France in 2023 – 4 billion US dollars.

• Thailand – The total value of automotive products exported from Vietnam to Thailand in 2023 – 3 billion US dollars.

• Malaysia – The total value of automotive products exported from Vietnam to Malaysia in 2023 – 2 billion US dollars.

• United Kingdom – The total value of automotive products exported from Vietnam to the United Kingdom in 2023 –1 billion US dollars.

Export Trade Statistics of Vietnam's Automotive Products Export for the Last 10 Years

Export trade value of automotive products from Vietnam in 2013 – billion US dollars.

Export trade value of automotive products from Vietnam in 2014 – billion US dollars.

Export trade value of automotive products from Vietnam in 2015 – billion US dollars.

Export trade value of automotive products from Vietnam in 2016 – billion US dollars.

Export trade value of automotive products from Vietnam in 2017 – billion US dollars.

Export trade value of automotive products from Vietnam in 2018 – billion US dollars.

Export trade value of automotive products from Vietnam in 2019 – billion US dollars.

Export trade value of automotive products from Vietnam in 2020 – billion US dollars.

Export trade value of automotive products from Vietnam in 2021 – billion US dollars.

Export trade value of automotive products from Vietnam in 2022 – billion US dollars.

Comments

Popular posts from this blog

Import and Export Procedures in Vietnam 2023

Russia Import Export Statistics 2023

Importance of Turkey Import Export in Trade Data Business