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Thai Auto-Parts Exports Surge.
Byline: Nareerat Wiriyapong
Nov. 6--The export value of auto parts from Thailand is expected to jump to $5 billion in the next three years from the projected $1.2 billion for this year, driven by rising production of vehicles with greater local content and free-trade agreements with major markets.
In particular, Thailand's free-trade area (FTA) agreements to be signed with the United States and Australia would help boost exports of auto parts, said Sookjai Leungmekul, vice-president of the Thai Auto-Parts Manufacturers Association.
Australia is currently the second largest market forvehicles, parts, and accessories exports from Thailand after ...
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Source: HighBeam Research, Thai Auto-Parts Exports Surge.