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Bangkok Post

Business

Car exports poised to rise to 1m units

FTI Federation of Thai Industries

New cars are lined up for export at Laem Chabang deep-sea port in Chon Buri province. Thailand is a major car producing country, especially in the pickup segment. (Photo: Patipat Janthong)

Car exports are expected to increase to 1 million units for the first time in two years as the Federation of Thai Industries (FTI) pins its hopes on the limited impact of Covid-19 and the global semiconductor shortage on the automotive industry.

In 2020, when Thailand was first hit by Covid-19, car production for export decreased to 704,626 units, down from around 1 million units in 2019. The volume increased to 956,530 units last year.

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