Indonesia’s motorcycle exports surged a whopping 51.8% year-on-year (y/y) to 431,187 units in full-year 2017 based on data from the Indonesian Motorcycle Industry Association (AISI). Main export markets are Southeast Asian nations, Japan, and the European Union. Sigit Kumala, Head of the Commercial Department at AISI, said the 51.8% growth pace is better than the association’s target range of 30-40% (y/y).

Particularly exports of Honda and Yamaha units experienced great growth over the past year. Yamaha is leading the ranking in terms of exports. Over full-year 2017 a total of 249,070 Yamaha units were shipped abroad from Indonesia, up 48.9% (y/y) from 167,266 units in 2016. Rising shipments of Yamaha’s were particularly supported by great growth of the NMAX and XMAX models.