Thailand’s Car Exports Surge 15% in October on Relaxing Chip Crisis

Mr. Surapong Paisitpattanapong, vice-president and spokesman in motor industries of the Federation of Thai Industries (FTI), said the number of exported car sales in October 2022 was 94,228 units, an expansion of 15.51% from the same period last year, while the value of export cars at 84,917.32 million baht, up from 71,410.68 million baht from the same period last year.

“The number of exported cars improved after the problem of semiconductors relaxed, which resulted in more manufacturing, while the value of exports increased more than of the number of export cars, because of Pick-Up Passenger Vehicle (PPV) that has higher value than Passenger Car and Pickup Truck” Mr. Surapong said

Furthermore, the number of exported cars sales in the ten months of  this year (Jan-Oct 2022) was 800,672 units, increased from the same period a year earlier of 5.48%, with the value of a exported cars sales of 727,468.96 million baht, increased from the same period of last year of 9.60%.