Asia’s Motorcycle Export Landscape: Trends, Leaders, and Future Outlook

Asia continues to lead the world in motorcycle exports thanks to its extensive OEM networks, low-cost manufacturing base, and regional trade agreements. About 63.8% of the world’s motorbike export value 2024 came from Asian nations, making up more than $27.05 billion of the predicted $42.43 billion total. This sizeable portion demonstrates the region’s vital role in meeting the demand for two-wheelers worldwide. As per Asia Import Data by Import Globals, the value of motorcycle exports globally increased somewhat in 2024 over 2023, accounting for a 35.5% increase over 2019 numbers.



Asia’s Top Exporting Countries

China

With an estimated $14.5 billion in exports, or 34.3% of the total worldwide in 2024, China is the leading exporter. After China, as per Thailand Export Data by Import Globals, Thailand exported around $2.5 billion (5.9%), Japan $3.3 billion (7.8%), and India $3.2 billion (7.5%). Significant contributions are also made by Vietnam and Indonesia, whose exports total around $1.19 billion (2.8%) and $1.2 billion (2.8%), respectively.

India

In 2023, India produced around 21.47 million motorcycles, with 17.97 million sold domestically, including an increasing number of electric two-wheelers. Based on India Trade Data by Import Globals, India accounted for 19.1% of the value of motorbike exports worldwide in 2024, second only to China. One of India’s leading exporters, Bajaj Auto, claimed a 20% year-over-year increase in export volumes in Q4 FY2025, which greatly increased profitability.

Indonesia

According to Indonesia Customs Data by Import Globals, Indonesia continues to be an important center for exporting and manufacturing, particularly for commuter bikes with displacements under 250cc. An estimated 6.81 million units were produced domestically in 2023, while about 570,000 units were exported. In 2024, the total value of exports was around $1.2 billion, or 17.2% of the value of the world’s export supply.

Thailand

In 2023, Thailand exported over 470,474 units, an 11% rise from the previous year. Its exports in 2024 amounted to approximately $2.5 billion in value, or 5.9% of all exports worldwide. Thailand is also establishing itself as a manufacturing hub for larger cc bikes produced by international manufacturers such as Ducati, BMW, and Honda.

Vietnam

Despite a 16.2% decline in domestic motorcycle sales in 2023, which fell to almost 2.52 million units, as per Vietnam Import Data by Import Globals, Vietnam’s motorcycle exports reached nearly $1.19 billion in 2024. In 2023, production also decreased to about 2.72 million units. Nevertheless, local companies like VinFast and international brands like Honda, Yamaha, and Piaggio are using Vietnam as a base for manufacturing and exports.

Trends and Regional Aggregate

Motorcycle sales, including domestic demand, increased 5.5% from 2021 to 32.21 million units throughout Asia. Based on Indonesia trade data by Import Globals, India and Indonesia were major contributors, with sales rising 9.4% to 17.54 million and 19.5% to 6.24 million, respectively. In 2023, ASEAN (Indonesia, Thailand, Philippines, Malaysia, and Vietnam) produced around 13.43 million units, a 3% increase from the previous year. These five nations’ ASEAN output increased marginally to 13.70 million units in 2024, a 1.6% increase.

Asian exporters contributed to more than 95% of the world’s motorcycle export volume in 2023, according to Import Globals, highlighting Asia’s near-monopoly at the lower end of the production ladder.

Prospects for the Future and Industry Drivers

Although, as per USA Customs Data, U.S. tariffs may be a factor, Thailand’s motorbike exports are predicted to increase by 1.0–2.0% yearly between 2025 and 2027, driven by demand from Asia, Europe, and the U.S. Due to rising investments in electric bikes and robust domestic demand from ride-hailing and delivery services, Thailand’s production is expected to increase by 1.5–2.5% annually over this time.

The transition to electric two-wheelers, especially in China and India, the ongoing use of low-cost manufacturing, the benefits of the regional trade framework, and OEM networks with companies like Honda, Yamaha, KTM (via Bajaj), Piaggio, and VinFast are some of the major developments influencing Asia’s export supremacy. Import Globals is a leading data provider of Asia import export trade data. Subscribe to Import Globals to get more global trade details!

FAQs

Q1: What share of global motorcycle exports comes from Asia?
 Ans. Asia accounted for approximately 63.8% of global export value in 2024, and over 95% of export volume in 2023.

Q2: Which country leads Asia in motorcycle export value?
 Ans. China led the region with about $14.5 billion in exports in 2024, representing roughly one‑third of global exports.

Q3: How significant are India and Indonesia in exporting motorcycles?
 Ans. India contributed 19.1% of global export value ($3.2 billion), and Indonesia held 17.2% ($1.2 billion) in 2024.

Q4: How have motorcycle export trends changed recently in ASEAN?
 Ans. In 2023, ASEAN motorcycle output in five countries rose 3%, and exports from Thailand increased 11%, while 2024 saw ASEAN production up modestly 1.6%.

Q. Where can you obtain detailed Asia Import Data?

Ans. Visit www.importglobals.com or email info@importglobals.com for more information on up-to-date data.

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