According to the latest statistics from the Customs Department of Vietnam, in the first quarter of 2026, the amount used by Vietnam companies to import auto parts and spare parts reached US$1.86 billion, a year-on-year increase of 46.5%...

According to the latest statistics from the Customs Department of Vietnam, in the first quarter of 2026,the amount used by Vietnam companies to import auto parts and spare parts reached US$1.86 billion, a year-on-year increase of 46.5%. Vietnam believes that this round of rapid growth mainly reflects the significantly stronger demand for raw materials and supporting parts for domestic production and assembly.

The data also shows that growth is not a "uniform climb" but is characterized by acceleration: in March 2026 alone, Vietnam companies 'import spending on such goods reached US$696 million, a month-on-month increase of 43.6%. Judging from the procurement rhythm, the speed is obviously accelerating in the second part of the first quarter, indicating that the entire vehicle factories and supply chains are concentrating on replenishing warehouses and seizing production capacity.

In terms of origin, China continues to be the largest supplier of auto parts and spare parts to Vietnam. Vietnam customs disclosed that imports from China in March amounted to about US $350 million, up 50.2% month-on-month, further expanding its advantages. This was followed by Thailand (US$85.8 million,+58.7% month-on-month), South Korea (US$81.8 million,+40.5% month-on-month) and Japan (US$67.9 million,+29.4% month-on-month). In addition, India's auto parts exports to Vietnam that month were US$38.7 million (+16.8%) and Indonesia's US$37.6 million (+73.4%). According to Vietnam Customs, the above six major markets totaled US$662 million, accounting for 95% of Vietnam's total imports of auto parts and spare parts that month, and the source concentration was quite high.

From the perspective of the Vietnam industry, the sharp increase in auto parts imports is often a "leading indicator" of industrial prosperity: when terminal sales pick up and the production schedule of the entire vehicle factory increases, parts and components will reflect the increase in procurement faster than the entire vehicle. Therefore, Vietnam interprets this as a signal of positive repair in the automobile industry.

If vehicle imports are combined with imports of parts and spare parts, Vietnam's total vehicle-related imports in the first quarter of 2026 will reach US$3.19 billion, a year-on-year increase of 42%, or a equivalent increase of US$942 million. Based on this, Vietnam Customs judged that domestic automobile production and consumption are gradually recovering.

For Chinese used car exporters, although this set of data is about "parts and components", it reveals structural opportunities in the Vietnamese market: on the one hand, Vietnam's complete vehicle assembly system relies more on a stable supply chain and turnover efficiency. The surge in auto parts imports means that the activity of channels and maintenance terminals is increasing; on the other hand, China's position as the largest source has been further consolidated, which also shows that the acceptance and purchasing stickiness of Chinese products in the Vietnamese market are still increasing. If the used car business can be combined with parts guarantee, packaging and supply of wearing parts, and local maintenance networks, it is often easier for re-purchase and reputation than simply carpooling sources.

written in the end

Vietnam's auto parts imports "jumped" in the first quarter, which is more like a signal for centralized replenishment and expansion in the process of industrial recovery. For China sellers, what is worth grasping is not just "whether cars can be sold", but a combination of used car exports, after-sales parts, maintenance resources and delivery efficiency: the Vietnam market is picking up, but competition will also heat up. The sooner the service chain is completed, the more stable they can stand in the next round of increment.

Source: Guangdong Good Car

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