Motorcycle sales volume growth Vietnam 2017-2023

Published by
Minh-Ngoc Nguyen,
Jul 5, 2024

In 2023, the motorcycle sales volume in Vietnam went down by over 16.2 percent compared to the previous year. The sales volume for these vehicles has been fluctuating year-on-year in the country, due to the penetration of cars as an alternative, despite the higher cost associated with owning a car.

Annual growth of volume of motorcycles sold in Vietnam from 2017 to 2023

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Release date

January 2024

Region

Asia, Vietnam

Survey time period

2017 to 2023

Supplementary notes

Figures have been rounded.

Figures prior to 2023 were from previous reporting.

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