Indonesia Motorbike Export Soars; Could Overtake Thailand
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Indonesia is seeing a surge in motorcycle exports. From January to August 2015, the export volume reached 123,790 units, soaring from only 9,000 units in the same period last year.
Meanwhile in 2013, the export volume of motorcycle reached 27,135 units, the Indonesian Motorcycle Industry Association (AISI) said.
This year’s export volume as per August accounts for 2.85 percent of the total sales, which amounted to of 4.34 million units.
AISI Chairman Gunadi Sindhuwinata said ahead that if the national motorcycle industry can keep up with the growth rat—with each brand maintaining their export commitment, Indonesia could overtake Thailand’s achievement. Thailand currently has a balanced market between exports and domestic sales at 50:50.
“In the future, Indonesia could overtake Thailand’s exports [ratio] that has reached 50:50,” he told on Sunday, September 9.
Questions & Answers
Q.How much did Indonesia's motorcycle exports increase between January and August 2014 and the same period in 2015?
How much did Indonesia's motorcycle exports increase between January and August 2014 and the same period in 2015?
Indonesia's motorcycle exports rose significantly. They jumped from 9,000 units between January and August 2014 to 123,790 units in the same period of 2015, marking a substantial increase in volume.
Q.What percentage of Indonesia's total motorcycle sales did exports represent by August this year?
What percentage of Indonesia's total motorcycle sales did exports represent by August this year?
By August this year, the export volume accounted for 2.85 percent of Indonesia's total motorcycle sales. The total sales figure for this period reached 4.34 million units.
Q.What is the key condition for Indonesia to potentially surpass Thailand in motorcycle exports, according to AISI's chairman?
What is the key condition for Indonesia to potentially surpass Thailand in motorcycle exports, according to AISI's chairman?
According to AISI Chairman Gunadi Sindhuwinata, Indonesia could overtake Thailand if the national motorcycle industry maintains its growth rate and each brand upholds its export commitment, matching Thailand's current export ratio.
Q.What is the current balance between domestic and export sales for Thailand's motorcycle market?
What is the current balance between domestic and export sales for Thailand's motorcycle market?
Thailand currently has a balanced market for its motorcycle industry. Domestic sales and exports are split equally, with a 50:50 ratio between the two.
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