Vehicles Export of Indonesia in 2024: The Detailed Analysis of the Top Trade Partners and Valuations

Indonesia has been recorded as a role player in the global automotive industry with the growing economy and the increase in demand for vehicles both domestically and internationally. The country has exported vehicles of around 500,000 units in 2024 a significant increase from the previous year’s annual average of 350,000 units. The improvements in production efficiency and the increased demand from international markets have fuelled the productivity rate. Indonesia Import Data says the strong presence in Southeast Asia and the nation being home to some of the fastest growing economies globally has indulged it in being an attractive market for the global trade investors.

The well-established trade partnerships of the nation with other countries and the cost-affectivity of the manufacturers have recorded an export trade value of vehicles worth 22 billion US dollars in 2024. Import Globals with its Indonesia trade data gives detailed information on the overall shipments of vehicles from the nation to other leading importing destinations. The valuable trade assets cater to all the needs of the business holders regarding the potential marketing regions that can be a valuable tool for them to expand their services worldwide.

GOVERNMENT INITIATIVES SUPPORTING THE VEHICLE EXPORT OF INDONESIA

The National Automotive Policy, launched by the Indonesian government in 2019, has been developing and strengthening the country’s automotive industry, with the most focus on exports. Several measures were introduced under this policy to attract foreign investment while encouraging local manufacturers to produce high-quality vehicles for export. The free trade agreements with top emerging countries like Japan, Australia, China, South Korea, and others facilitate the overall revenue rate.

The infrastructure development, including heavy investments in developing ports, airports, and special economic zones, with the promotion of electric vehicles towards sustainable mobility solutions, the country has been aiming to become a regional hub for electric vehicle production till 2025 through a low-carbon emission vehicle program. The export financing to support small and medium-sized enterprises in the automotive sector with credit guarantee programs, export insurance, and working capital loans at low interest rates has been promoting small and medium-sized enterprises to expand their services globally.

THE LEADING VARIANTS OF VEHICLES EXPORTED FROM INDONESIA IN 2024

The management authorities of Indonesia have contracted its focus on vehicle exports as the global demands are increasing for this specific sector. According to the Indonesia Export Data, the top 10 leading variants of vehicles exported from the nation in 2024 are,

  • Sedans — The export trade value of Sedans from Indonesia in 2024–7 billion US dollars
  • SUVs — The export trade value of SUVs from Indonesia in 2024–5.8 billion US dollars
  • Pick-up Trucks — The export trade value of Pick-up Trucks from Indonesia in 2024–3.4 billion US dollars
  • Hatchbacks — The export trade value of Hatchbacks from Indonesia in 2024–2.7 billion US dollars
  • Motorcycles — The export trade value of Motorcycles from Indonesia in 2024–2.1 billion US dollars
  • Crossovers — The export trade value of Crossovers from Indonesia in 2024–1.5 billion US dollars
  • Commercial Vans — The export trade value of Commercial Vans from Indonesia in 2024–1.4 billion US dollars
  • Minibuses — The export trade value of Minibuses from Indonesia in 2024–1.2 billion US dollars
  • Electric Vehicles — The export trade value of Electric Vehicles from Indonesia in 2024–1 billion US dollars
  • Luxury Cars — The export trade value of Luxury Cars from Indonesia in 2024–900 million US dollars

THE TOP 10 EXPORT TRADE PARTNERS OF INDONESIA FOR VEHICLES IN 2024

The country has been actively trading its domestic vehicles manufactured with major emerging countries having cost-effective pricing strategies. According to the Indonesia Customs Data, the top 10 export trade partners of the nation for vehicles in 2024 are,

  • Japan — The annual export trade value of vehicles exported from Indonesia to Japan in 2024–8.6 billion US dollars

Top 5 variants of vehicles exported

1. Toyota Dyna

2. Hyundai H100

3. Mitsubishi Fuso Canter

4. Hino 300 Series

5. Tata Ace (assembled locally)

  • Thailand — The annual export trade value of vehicles exported from Indonesia to Thailand in 2024–6.5 billion US dollars

Top 5 variants of vehicles exported

1. Mitsubishi L300

2. Mitsubishi Triton

3. Isuzu D-Max

4. Toyota Hilux

5. Suzuki Carry

  • Philippines — The annual export trade value of vehicles exported from Indonesia to the Philippines in 2024–4.3 billion US dollars

Top 5 variants of vehicles exported

1. Mitsubishi Delica (for niche export)

2. Honda Freed

3. Wuling Cortez

4. Toyota Hiace

5. DFSK Gelora (electric van variant)

  • Vietnam — The annual export trade value of vehicles exported from Indonesia to Vietnam in 2024–3.1 billion US dollars

Top 5 variants of vehicles exported

1. Toyota Kijang Innova

2. Daihatsu Luxio

3. Suzuki APV

4. Hyundai Stargazer

5. Toyota Sienna

  • Malaysia — The annual export trade value of vehicles exported from Indonesia to Malaysia in 2024–2.3 billion US dollars

Top 5 variants of vehicles exported

1. Hyundai Creta

2. Hyundai Santa Fe

3. Mitsubishi Pajero Sport

4. Toyota Land Cruiser (CKD parts)

5. Nissan Livina (rebadged Xpander)

  • Australia — The annual export trade value of vehicles exported from Indonesia to Australia in 2024–1.7 billion US dollars

Top 5 variants of vehicles exported

1. Toyota Corolla Cross

2. Honda WR-V

3. Daihatsu Rocky

4. Toyota Innova Zenix (Hybrid)

5. Suzuki Grand Vitara

  • United States — The annual export trade value of vehicles exported from Indonesia to the United States in 2024–1.2 billion US dollars

Top 5 variants of vehicles exported

1. Honda Mobilio

2. Suzuki Ertiga

3. Suzuki XL7

4. Suzuki Karimun Wagon R

5. Wuling Confero

  • New Zealand — The annual export trade value of vehicles exported from Indonesia to New Zealand in 2024–1 billion US dollars

Top 5 variants of vehicles exported

1. Daihatsu Ayla

2. Mitsubishi Xpander

3. Mitsubishi Xpander Cross

4. Honda Brio

5. Honda BR-V

  • South Korea — The annual export trade value of vehicles exported from Indonesia to South Korea in 2024–870 million US dollars

Top 5 variants of vehicles exported

1. Toyota Veloz

2. Toyota Raize

3. Daihatsu Terios

4. Daihatsu Xenia

5. Daihatsu Sigra

  • Saudi Arabia — The annual export trade value of vehicles exported from Indonesia to Saudi Arabia in 2024–765 million US dollars

Top 5 variants of vehicles exported

1. Toyota Fortuner

2. Toyota Rush

3. Toyota Avanza

4. Toyota Yaris

5. Toyota Vios

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