Indonesia Targets 50 Percent Increase In Motorcycle Exports For 2016

  • Monday, 30 May 2016 00:00

The Indonesian Motorcycle Industry Association (AISI) says Indonesia’s motorcycle exports should rise by 50 percent year-on-year to around 342,000 units in 2016.

This year, Indonesia’s motorcycle exports risen 76 percent year-on-year to 97,778 units in the January-April 2016 period. The rise can be attributed to several global motorcycle manufacturers choosing to make Indonesia their production hub for specific motorcycles. Japan-based Yamaha Motor Company Limited, for instance, has located its production base for the manufacturing of the R25, MT-25 and NMAX Yamaha motorcycles in Indonesia.

The rise of the country’s motorcycle exports can also be attributed to the increasing popularity of the vehicle in European countries. Main export destinations for Indonesian motorcycles are Europe, the Philippines, East Timor, and the Middle East.

By 2019, AISI targets to see Indonesia’s motorcycle export figures rising to 900,000 to 1,000,000 units per year.

Despite the positive outlook for global exports, domestic sales remain bleak. In April 2016, sales fell 8.9 percent year-on-year to 478,036 units.

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