The Federation of Thai Industries announced on the 24th that from January to October this year, Thailand exported more than 800,000 vehicles, an increase of 5.48% over the same period last year.
Surapong, vice chairman and spokesperson of the Auto Industry Branch of the association, said that the recovery of the global economy has driven the growth of Thailand's auto exports.
In October this year, Thailand exported 94,000 vehicles, a year-on-year increase of 15.5%.
Statistics show that in the first 10 months of this year, Thailand produced a total of 1,534,700 vehicles, a year-on-year increase of 12.36%. Suraporn said that the easing of the chip problem has contributed to the growth of car production.
During the same period, the domestic car sales in Thailand were 698,300, a year-on-year increase of 17.09%. This is mainly because Thailand's reopening of tourism has driven domestic employment, increased people's income, and increased consumption power.
Thailand is an important automobile production and export base in Southeast Asia. The output value of the automobile industry accounts for about 10% of the total domestic industrial output value, and the labor force it absorbs also accounts for about 10% of the number of employed people in Thailand's manufacturing industry.
