Automotive industry in Indonesia

Common card · No. 450018

The automotive industry in Indonesia plays an important role to the economic growth of the nation, contributing 10.16 per cent of the GDP. Indonesia automotive product exports is currently higher in value than their imports. In 2021, Indonesia is the 14th-largest passenger-vehicle producer in the world and the 6th largest passenger vehicle producer in Asia, producing 1.121.967 vehicles. Most of the vehicles built in Indonesia are from foreign brands, notably Japanese, and produced in the country through a joint-venture plant with a local partner or a fully owned plant. While full manufacturing with a high percentage of local components in the country is usually preferred by manufacturers and encouraged by the government, several plants in the country also conducted a CKD assembly. CBU imports of new cars in the country is also allowed since 1999 with considerably light import tariffs, although it is discouraged by the government. Indonesia predominantly produces mini or compact MPVs (52...

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