Early 2017, Automotive Trade Balance Surplus

Trade

Premium

14/03/2017 09:37 WIB

URL has been copied

Memuat...

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Early 2017, Automotive Trade Balance Surplus”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Automotive Export/Import Value

Download

Source

A Small Font
A Medium Font
A Bigger Font

The Central Statistics Agency (BPS) recorded that automotive imports reached US$ 414.53 million and exports amounted to US$ 507.10 million in January 2017. As a result, the automotive trade balance at the beginning of this year recorded a surplus of US$ 92.56 million. This figure shows a significant increase, because in the same period last year, the automotive sector actually experienced a deficit of US$ 21.15 million.

The government's mandate requiring LCGCs (low cost green cars) to use 80 percent local components also contributed to the automotive trade balance. In the 5 years since their introduction in 2013, LCGC manufacturers have had to comply with this regulation. This has reduced the number of imported components. Manufacturers' efforts to source local components have led to a growth in the local automotive component market.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

BYD Dominates Global Electric Car Sales until August 2025

Electric Car Sales in Indonesia Soared in October 2025

Indonesian Domestic Car Sales to Reach 74,000 Units in October 2025,

Types of Motorcycle Spare Parts and Accessories Purchased by Indonesian Consumers in 2025

Indonesian Consumers' Considerations When Choosing a Motorcycle, from Price to Safety Features

Indonesia's Trade Balance Surplus Continues to Rise until August 2025

Latest Data Stories

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 07/12/2025, 13:06 WIB

Kulon Progo, Yogyakarta Region with the Highest Poverty Rate in March 2025 Demographics 07/12/2025, 12:33 WIB

Top 5 Largest FLPP Home Financing Banks until November 2025 Finance 07/12/2025, 12:16 WIB

FAO Index: September 2024 Food Prices Rise Economics & Macro 07/12/2025, 12:13 WIB

Pandeglang, the Banten Region with the Highest Poverty Rate in March 2025 Demographics 07/12/2025, 12:03 WIB

Sarmi Regency Government's Regional Revenue Realization as of December 2025 Economics & Macro 07/12/2025, 12:00 WIB

Download

Source

Early 2017, Automotive Trade Balance Surplus

Tags

Related Data

BYD Dominates Global Electric Car Sales until August 2025

Electric Car Sales in Indonesia Soared in October 2025

Indonesian Domestic Car Sales to Reach 74,000 Units in October 2025,

Types of Motorcycle Spare Parts and Accessories Purchased by Indonesian Consumers in 2025

Indonesian Consumers' Considerations When Choosing a Motorcycle, from Price to Safety Features

Indonesia's Trade Balance Surplus Continues to Rise until August 2025

Latest Data Stories

Popular Data

Early 2017, Automotive Trade Balance Surplus

Tags

Related Data

BYD Dominates Global Electric Car Sales until August 2025

Electric Car Sales in Indonesia Soared in October 2025

Indonesian Domestic Car Sales to Reach 74,000 Units in October 2025,

Types of Motorcycle Spare Parts and Accessories Purchased by Indonesian Consumers in 2025

Indonesian Consumers' Considerations When Choosing a Motorcycle, from Price to Safety Features

Indonesia's Trade Balance Surplus Continues to Rise until August 2025

Latest Data Stories

Trending Topics

Popular Data