TMMIN Heightens Vigilance Over Strait of Hormuz Closure’s Impact on Car Exports
JAKARTA, KOMPAS.com – PT Toyota Motor Manufacturing Indonesia (TMMIN) has heightened vigilance following the official closure of the Strait of Hormuz amid the escalation of hostilities between Iran and Israel and the United States.
The closure of this strategic route is seen as potentially disrupting global trade, given that the Strait of Hormuz is one of the world’s main arteries for energy distribution and logistics.
The Strait connects the Persian Gulf with the Gulf of Oman and serves as the principal route for crude oil shipments and various international commodities, including vehicles exported from Indonesia to the Middle East.
“Jika Strait of Hormuz ditutup kita antisipasi tambah yard untuk penampungan produksi yang tertunda shipping-nya. Tapi itu juga terbatas,” Bob told Kompas.com on Wednesday, 4 March 2026.
In other words, if shipping routes are disrupted and the loading process is delayed, vehicles already produced will be temporarily stored in additional storage areas. However, such capacity is not unlimited.
Bob added that broader impacts could be felt if the conflict continues to escalate and lasts for a prolonged period.
“Yah kalau terus berkecamuk mungkin akan menganggu supply dan produksi. Tapi kita lihat eskalasi,” he said.
Neighbouring countries are geographically close to the conflict’s epicentre, making them potentially affected both in terms of logistics and domestic economic conditions.
Besides shipment bottlenecks, another risk anticipated is higher energy prices, as much of the world’s oil distribution passes through the Strait of Hormuz.
If supplies are disrupted and oil prices rise, purchasing power in export destinations could be pressured and affect demand for vehicles.
In 2025, TMMIN recorded export of Completely Built-Up (CBU) vehicles approaching 300,000 units. For 2026, the company has set a more conservative target amid high global uncertainty.
Products exported to overseas markets include electrified models such as the Yaris Cross and Innova Zenix Hybrid, as well as conventional engine models such as Avanza, Veloz, Fortuner, and Rush.
Therefore, the company continues to monitor developments to maintain production continuity and shipments to international markets.