What is the Value of Indonesia's Combat Vehicle Exports?

Indonesia is one of the world's exporters of combat vehicles. Based on data from the Central Statistics Agency (Badan Pusat Statistik), the value of exports of combat vehicles and their parts from January to August 2019 reached US$926.37 million, or approximately Rp12.98 trillion, a 38.97% increase compared to the same period the previous year. This value is equivalent to 84% of the total value of combat vehicle exports throughout January-December of the previous year.

The largest market share for the national combat vehicle industry this year is the Philippines, with a value of US$427.08 million, followed by Vietnam at US$204.9 million, and Thailand at US$87.94 million. Exports of combat vehicles and their parts have even penetrated the Dutch market, with a value of US$13 million.