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Indonesia Trade Summary

2023

Indonesia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR INDONESIA 2023

Overall Exports and Imports for Indonesia 2023

Exports and imports of Indonesia in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 258,774 million.
  • The total value of imports (CIF) was 221,886 million.
  • At the HS6 digit level, 4,023 products were exported to 215 countries and 4,402 products were imported from 225 countries.

Indonesia top 5 Export and Import partners 2023

Top five countries to which Indonesia exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Indonesia exports to China worth US$ 64,935 million, with a partner share of 25.09 percent.
  2. Indonesia exports to United States worth US$ 23,285 million, with a partner share of 9.00 percent.
  3. Indonesia exports to Japan worth US$ 20,786 million, with a partner share of 8.03 percent.
  4. Indonesia exports to India worth US$ 20,289 million, with a partner share of 7.84 percent.
  5. Indonesia exports to Singapore worth US$ 12,607 million, with a partner share of 4.87 percent.

Top five countries from which Indonesia imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Indonesia imports from China worth US$ 62,881 million, with a partner share of 28.34 percent.
  2. Indonesia imports from Singapore worth US$ 18,410 million, with a partner share of 8.30 percent.
  3. Indonesia imports from Japan worth US$ 16,517 million, with a partner share of 7.44 percent.
  4. Indonesia imports from United States worth US$ 11,338 million, with a partner share of 5.11 percent.
  5. Indonesia imports from Malaysia worth US$ 10,761 million, with a partner share of 4.85 percent.

Indonesia Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Indonesia along with trade value are:

  1. Indonesia exported Other coal, not agglomerated, nes , worth 24,695,201.82 (US$ Thousands).
  2. Indonesia exported Palm oil (excl. crude) and liquid fractions , worth 19,630,050.88 (US$ Thousands).
  3. Indonesia exported Ferro-nickel , worth 15,290,347.08 (US$ Thousands).
  4. Indonesia exported Bituminous coal, not agglomerated , worth 9,687,353.56 (US$ Thousands).
  5. Indonesia exported Copper ores and concentrates , worth 8,326,476.67 (US$ Thousands).

The top five imported HS 6 digit level products from world by Indonesia along with trade value are

  1. Indonesia imported Petroleum oils, etc, (excl. crude); preparation , worth 20,279,539.60 (US$ Thousands).
  2. Indonesia imported Petroleum oils and oils obtained from bituminou , worth 11,142,160.44 (US$ Thousands).
  3. Indonesia imported Transmission apparatus, for radioteleph incorpo , worth 3,879,563.87 (US$ Thousands).
  4. Indonesia imported Spelt, common wheat and meslin , worth 3,758,398.67 (US$ Thousands).
  5. Indonesia imported Oil-cake and other solid residues, of soya-bean , worth 3,018,466.76 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Indonesia in 2023 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 5.99 percent.
  • The trade weighted average tariff was 2.07 .
  • The total duty free imports in thousands of US dollars were 128,795,709.43 and duty free tariff line items share was 38.02 percent.

Development Indicators 2023

Key Development Indicators of Indonesia in 2023 are below

  • Indonesia GDP in current US dollar was 1,371,169 million.
  • GNI per capita, Atlas method (current US$) was 4,810.00 .
  • Indonesia Trade balance: as % of GDP was 2.17.
  • Trade balance in current US$ was 29,774.00 million.
  • Trade as percentage of GDP was 41.34 .
  • Trade in services as percentage of GDP was 6.19 .

Trade Indicators 2023

Trade Indicators for Indonesia in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 14.91.
  • World Growth in percentage was -3.13 and Indonesia Country Growth was -7.01 .