Domestic sales volume of automobiles Thailand 2019-2023

In 2023, the total sales volume of automobiles in Thailand amounted to around 775.78 thousand units. In that same period, Thailand had a total vehicle production of approximately 1.83 million units. Although Thailand’s vehicle production has shown some fluctuations over the past years, it is still one of the leading motor vehicle manufacturers in the ASEAN region.

Automotive manufacturing in Thailand

The automotive industry has been continuously supported by the Thai government as it contributes greatly to the economy. The government has been promoting local automotive manufacturing to reduce the imports of auto parts and automobiles. There are various measures imposed to attract investments in automotive production, such as reducing import tax for vehicle components and increasing import tax for completely built-up vehicles. Thailand was the Southeast Asian country that produced the most motor vehicles, with almost two million motor vehicles were produced in 2023. In the first quarter of 2022, the Japanese car brand Toyota held the highest market share of production vehicles in Thailand, accounting for more than 30 percent.