Indonesia's Export of Completely Built Up Car Units Surge in Q1-2017

Meanwhile, Indonesian exports of completely knocked down (CKD) car units in the first quarter of 2017 fell 35.2 percent (y/y) to 17,546 units, while shipments of car components dropped 14.7 percent (y/y) to 1.16 million units over the same period.

Read more: Analysis of Indonesia's Automotive Industry

Imports of CBU units into Indonesia, on the other hand, fell 14.2 percent (y/y) to 19,654 units in the first quarter of 2017, implying Indonesia has a growing surplus on the CBU trade balance.

Indonesian Car Exports:

	2010	2011	2012	2013	2014	2015	2016	2017
CBU (car units)	85,769	107,932	173,368	170,907	202,273	207,691	194,397	56,371¹
CKD (car units)	n.a.	n.a.	100,074	105,380	108,580	108,770	202,626	17,546¹

^{CBU = completely built up
CKD = completely knocked down
¹ Q1-2017 only
Source: Gaikindo}

Meanwhile, car sales in Indonesia are showing a solid recovery so far this year. In the first three months of 2017 a total of 282,596 cars were sold on the Indonesian market, up 5.7 percent (y/y) from 267,302 sold car units in the same period one year earlier.

Indonesian Car Sales (CBU):

Month	Sold Cars    2013	Sold Cars    2014	Sold Cars    2015	Sold Cars    2016	Sold Cars    2017
January	96,718	103,609	94,194	85,002	86,253
February	103,278	111,824	88,740	88,208	94,859
March	95,996	113,067	99,410	94,092	101,484
April	102,257	106,124	81,600	84,770
May	99,697	96,872	79,375	88,567
June	104,268	110,614	82,172	91,488
July	112,178	91,334	55,615	61,891
August	77,964	96,652	90,537	96,282
September	115,974	102,572	93,038	92,541
October	112,039	105,222	88,408	92,106
November	111,841	91,327	86,938	100,365
December	97,706	78,802	73,264	86,547
Total	1,229,916	1,208,019	1,013,291	1,061,859

 

	2009	2010	2011	2012	2013	2014	2015	2016
Car Sales (car units)	486,061	764,710	894,164	1,116,230	1,229,916	1,208,019	1,013,291	1,061,859

^{Source: Gaikindo}

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