Thailand’s Auto Exports Rise 12.25% YoY in May

May saw a 12.25% year-over-year increase in Thai car exports, according to data released by the Federation of Thai Industries on Thursday. This increase was driven by a double-digit rise in sales in key trading partners.

In May, Thailand shipped 86,358 automobiles, an increase of 12.25% compared to the same month last year.

FTI’s automotive industry division spokesman Surapong Paisitpattanapong said the rise in exports was boosted by higher sales in major markets such Japan (+25%), Indonesia (+65%), Malaysia (+21%), the United Kingdom (+23%), France (+24%), and the United States (+22%).