Vietnam Motorbike Import Rebounds to $248Mln in Q1 2011

Vietnam motorbikes import is estimated to rise by 19.1% on-year to $248 million in the first three months of this year

Vietnam motorbikes import is estimated to rise by 19.1% on-year to $248 million in the first three months of this year, the General Statistics Office of Vietnam (GSO) said.

Of total, the complete built unit (CBU) motorbike import also sharply increased at $36 million worth of 24,200 units, up 27.1% for value but down 1% for quantity on-year.

In March alone, the country imported $80 million units, up 6.1% on-year, including $5 million worth of 4,500 CBU units, up 66.6% on-year for value and 47.2% on-year for quantity, GSO said.

Vietnam automobile import is estimated to have reached $734 million, up 20.3% on-year, including $252 million worth of 14,800 complete built unit (CBU) automobiles in the first quarter of this year, GSO said.

The automobile and motorbike import rebounded in March after falling in the February on lower demand due to higher retail prices, local traders said – Stoxplus.com

Tags: Vietnam motorbike imports

Posted by VBN on Mar 30 2011. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry