Indonesia
Compare Indonesia →ID · IDN · BACI 360 · latest data 2024
Exports
= $302,634 M47.3% over 5 yrs (up)
Imports
= $231,499 M34.3% over 5 yrs (up)
Trade balancesurplus
= $71,135 M
Total trade
= $534,132 M41.4% over 5 yrs (up)
- World position
- #26 of 225 exporters · top 25% · #26 of 225 importers · top 25% · 2024
- World export share since 1995
- +0.3 pp
Trade timeline
Indonesia's exports grew from $53.9B in 1995 to $302.6B in 2024; the 2024 balance was $71.1B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $53,895 M | $43,230 M | $10,665 M | $97,125 M |
| 1996 | $59,878 M | $45,880 M | $13,998 M | $105,758 M |
| 1997 | $63,406 M | $46,874 M | $16,532 M | $110,280 M |
| 1998 | $60,482 M | $29,013 M | $31,468 M | $89,495 M |
| 1999 | $63,651 M | $26,777 M | $36,874 M | $90,428 M |
| 2000 | $76,980 M | $36,841 M | $40,139 M | $113,822 M |
| 2001 | $71,850 M | $34,313 M | $37,537 M | $106,163 M |
| 2002 | $75,129 M | $35,326 M | $39,803 M | $110,455 M |
| 2003 | $86,641 M | $38,753 M | $47,888 M | $125,395 M |
| 2004 | $99,480 M | $52,319 M | $47,162 M | $151,799 M |
| 2005 | $113,158 M | $63,995 M | $49,163 M | $177,154 M |
| 2006 | $130,998 M | $67,469 M | $63,529 M | $198,467 M |
| 2007 | $155,599 M | $84,241 M | $71,358 M | $239,839 M |
| 2008 | $186,472 M | $135,458 M | $51,013 M | $321,930 M |
| 2009 | $151,481 M | $102,123 M | $49,359 M | $253,604 M |
| 2010 | $187,716 M | $138,892 M | $48,825 M | $326,608 M |
| 2011 | $233,960 M | $179,085 M | $54,875 M | $413,045 M |
| 2012 | $224,455 M | $195,371 M | $29,084 M | $419,826 M |
| 2013 | $216,183 M | $190,918 M | $25,265 M | $407,101 M |
| 2014 | $210,549 M | $182,876 M | $27,673 M | $393,425 M |
| 2015 | $184,563 M | $146,496 M | $38,067 M | $331,058 M |
| 2016 | $176,182 M | $140,274 M | $35,908 M | $316,457 M |
| 2017 | $203,102 M | $160,645 M | $42,457 M | $363,747 M |
| 2018 | $214,598 M | $188,776 M | $25,822 M | $403,374 M |
| 2019 | $205,480 M | $172,393 M | $33,088 M | $377,873 M |
| 2020 | $192,190 M | $145,574 M | $46,616 M | $337,763 M |
| 2021 | $266,644 M | $197,444 M | $69,200 M | $464,088 M |
| 2022 | $346,872 M | $234,326 M | $112,546 M | $581,198 M |
| 2023 | $298,673 M | $218,214 M | $80,459 M | $516,887 M |
| 2024 | $302,634 M | $231,499 M | $71,135 M | $534,132 M |
Trading partners
China was Indonesia's top trading partner in 2024, at 26.8% of total trade; the top five partners covered 53.8%.
- Top partner share
- 26.8%
- Top-5 share
- 53.8%
- Partners
- 223
- Partner HHI (0–1)
- 0.100
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $68,047 M | $75,036 M | $143,082 M | −$6,989 M |
| #2 | United States | $29,719 M | $11,651 M | $41,371 M | $18,068 M |
| #3 | Japan | $22,430 M | $14,245 M | $36,675 M | $8,186 M |
| #4 | Singapore | $15,114 M | $20,863 M | $35,977 M | −$5,749 M |
| #5 | India | $24,435 M | $6,036 M | $30,472 M | $18,399 M |
| #6 | Malaysia | $13,585 M | $10,762 M | $24,346 M | $2,823 M |
| #7 | South Korea | $12,608 M | $8,894 M | $21,501 M | $3,714 M |
| #8 | Thailand | $8,574 M | $9,743 M | $18,317 M | −$1,168 M |
| #9 | Vietnam | $9,508 M | $6,483 M | $15,991 M | $3,025 M |
| #10 | Australia | $5,399 M | $10,092 M | $15,490 M | −$4,693 M |
| #11 | Philippines | $11,552 M | $1,768 M | $13,321 M | $9,784 M |
| #12 | Other Asia, nes | $7,847 M | $3,921 M | $11,769 M | $3,926 M |
| #13 | Germany | $4,438 M | $3,526 M | $7,964 M | $912 M |
| #14 | Saudi Arabia | $3,658 M | $4,213 M | $7,871 M | −$555 M |
| #15 | Brazil | $2,013 M | $5,104 M | $7,117 M | −$3,091 M |
Products & sectors
Product composition of Indonesia's trade in 2024.
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Concentration & risk
Indonesia's export partners diversified over 1995–2024 — HHI 0.109 → 0.084, a diversified export base across 216 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.109 | 0.085 | 151 | 131 |
| 1996 | 0.104 | 0.078 | 156 | 136 |
| 1997 | 0.097 | 0.079 | 192 | 193 |
| 1998 | 0.081 | 0.070 | 201 | 183 |
| 1999 | 0.086 | 0.060 | 209 | 189 |
| 2000 | 0.088 | 0.068 | 218 | 200 |
| 2001 | 0.083 | 0.066 | 217 | 201 |
| 2002 | 0.081 | 0.064 | 216 | 205 |
| 2003 | 0.081 | 0.064 | 216 | 199 |
| 2004 | 0.078 | 0.063 | 217 | 196 |
| 2005 | 0.077 | 0.070 | 212 | 197 |
| 2006 | 0.075 | 0.069 | 217 | 198 |
| 2007 | 0.071 | 0.064 | 216 | 200 |
| 2008 | 0.072 | 0.077 | 215 | 205 |
| 2009 | 0.065 | 0.076 | 216 | 208 |
| 2010 | 0.069 | 0.079 | 214 | 210 |
| 2011 | 0.069 | 0.076 | 214 | 209 |
| 2012 | 0.068 | 0.074 | 215 | 212 |
| 2013 | 0.066 | 0.076 | 214 | 212 |
| 2014 | 0.061 | 0.078 | 211 | 211 |
| 2015 | 0.059 | 0.087 | 214 | 205 |
| 2016 | 0.060 | 0.090 | 218 | 209 |
| 2017 | 0.063 | 0.091 | 209 | 218 |
| 2018 | 0.064 | 0.095 | 211 | 217 |
| 2019 | 0.065 | 0.102 | 212 | 220 |
| 2020 | 0.072 | 0.107 | 211 | 219 |
| 2021 | 0.084 | 0.114 | 211 | 215 |
| 2022 | 0.082 | 0.112 | 215 | 217 |
| 2023 | 0.089 | 0.110 | 213 | 218 |
| 2024 | 0.084 | 0.131 | 216 | 222 |
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