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Indonesia’s Export Results of Automobiles in 2023

Indonesia's automobile exports increased by 6.7% from the previous year to 505,134 units in 2023. Exports to the Philippines, Indonesia’s largest export destination, increased by over 20% year-on-year, and exports to Mexico nearly doubled, setting a record high for the second consecutive year. Although Toyota, the largest exporter, decreased slightly, Honda and others increased exports significantly.

Looking at exports by destination, exports to Asia increased slightly by 0.9% from the previous year to 272,969 units. Exports to the Philippines increased by 22.0% year-on-year to 159,121 units, but exports to Vietnam, where the economy has weakened, fell by 47.3% to 40,241 units. Exports to Central and South America went up by 42.2% to 118,231 units. Shipments to Mexico increased by 89.2% year-on-year to 56,483 units due to rising domestic demand, making it Indonesia’s second largest export destination. Exports to the Middle East inched up 2.3% to 78,634 units.

Top exporter Toyota dropped slightly to 290,772 units, down 0.2% year-on-year. Toyota was followed by Mitsubishi with 77,991 units, up 20.2 %, and Hyundai with 56,538 units, up 31.2%.

Graph: Indonesia: Export Volume of Automobiles by Brand (2014-2023)Graph: Indonesia: Export Volume of Automobiles by Destination (2018-2023)
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