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Indonesia export Statistics

Indonesia Export Data

With its vibrant economy and strategic geographical location, Indonesia has emerged as a major player in the global trade market. As the world recovers from the effects of the pandemic, it is crucial to track and analyze Indonesia trade data to grasp its trade dynamics. 

According to the Indonesia export data, Indonesia’s goods exports in 2023 accounted for $258.9 billion, an 11% decline from the previous year. Indonesia’s current total GDP is $1.371 trillion. Indonesia’s GDP export share is 24.49%. Mineral fuels and mineral oils were the biggest exports of Indonesia in 2023, as per the data on Indonesia export products list and Indonesia trade data, while China is Indonesia’s biggest export partner as per Indonesia trade statistics and Indonesia customs export data. Indonesia is also a part of major trade blocs such as RCEP, ASEAN, free trade agreements, and preferential trade agreements. Let us explore more about the intricacies of Indonesia exports data for 2023, shedding light on its key sectors, Indonesia trade statistics, trading partners, and potential growth opportunities.

Indonesia Export Data & Statistics | Indonesia Exports

28

The country has been ranked 28th in global exports, showing a significant position in the international trade and export landscape.

1.1%

With a mere 1.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

CHINA

China holds a significant role as the largest export partner of the country in terms of goods exports in the global market.

MINERAL FUELS AND OILS

Mineral fuels and mineral oils are the major and biggest export commodities of the country, playing a vital role in its economy.

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Top 10 Exports from Indonesia: Indonesia Exports by HS Code

Mineral fuels and oils, animal fats, electrical apparatus, and machinery were among Indonesia's top export commodities in 2023. These goods are sold internationally, which helps the nation's trade balance. Anyhow of the country dealing a wide range of goods, the top 10 Indonesia export products according to Indonesia shipment Data and Indonesia customs data for 2023 are shown below.

  • Mineral fuels and mineral oils: 22.99% ($59.48 billion)
  • Animal, vegetable, or microbial fats and oils, prepared edible fats: 10.99% ($28.44 billion)
  • Iron and steel: 10.32% ($26.68 billion)
  • Electrical machinery and equipment: 5.54% ($14.32 billion)
  • Vehicles and parts thereof: 4.31% ($11.14 billion)
  • Ores, slag, and ash: 3.37% ($8.71 billion)
  • Natural or cultured pearls, precious stones, and metals: 2.9% ($7.48 billion)
  • Nickel and articles thereof: 2.63% ($6.79 billion)
  • Nuclear reactors, machinery, and mechanical appliances: 2.5% ($6.44 billion)
  • Footwear, gaiters, and parts of such articles: 2.49% ($6.42 billion)
    • Partners

    Top 10 Export partners of Indonesia: Indonesia Exports by Country

    The top ten export partners for Indonesia are crucial to the development of the national economy. It displays Indonesia's skills in several industries and includes a broad range of products and services. Major export destinations of Indonesia along with their export value and percentage share in 2023, as per Indonesia shipment data include:

    Value In Percentage(%)

  • China: 25.1% ($64.93 billion)
  • USA: 9% ($23.28 billion)
  • Japan: 8% ($20.78 billion)
  • India: 7.8% ($20.29 billion)
  • Singapore: 4.9% ($12.60 billion)
  • Malaysia: 4.8% ($12.46 billion)
  • Philippines: 4.3% ($11.03 billion)
  • South Korea: 4% ($10.30 billion)
  • Vietnam: 2.9% ($7.53 billion)
  • Thailand: 2.8% ($7.22 billion)
    • Sample Data

    Understanding Indonesia Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Indonesia boasts a wide variety of products with export eventuality. Indonesia exported goods worth $258.9 billion in 2023, achieving a trade surplus. Indonesia's customs database for export data provides valuable insights into the country's economic performance of exports in 2023 along with details covered such as HS code, exporter name, port, value, and more. It encompasses a wide range of goods and services, showcasing Indonesia's capabilities across various industries. Indonesia's main export goods included mineral energies, ministry, rubber, electrical ministry, and win oil painting. These products find their way into global requests, contributing to the country's trade balance and generating foreign exchange earnings. Indonesia’s exports in the first two quarters of 2024 were valued at $125.08 billion.  So, as you can see for Indonesia export and import statistics, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names, together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Indonesia Export Data
    ID 690637 DATE 2024-04-29
    DECLARATION NUMBER 615425 EXPORTER IAMBEU MINA UTAMA
    FOREIGN IMPORTER NAME SEABOSS AUSTRALIA HS CODE 3028911
    PRODUCT DESCRIPTION CORAL TROUT WHOLE QUANTITY 165.3
    UNIT KGM GROSS WEIGHT 1291
    NET WEIGHT 165.3 UNIT PRICE IN USD 11.561887477314
    TOTAL FOB IN FC 1911.18 US FOB 2975.4
    CURRENCY AUD FREIGHT 1665.3
    INSURANCE 36.49 UNLOADING PORT Denpasar / Ngurah Rai (u)
    DESTINATION PORT Sydney UNLOADING PORT 1 KANTOR PENGAWASAN DAN PELAYANAN BEA DAN CUKAI TIPE MADYA PABEAN NGURAH RAI
    ORIGIN COUNTRY INDONESIA DESTINATION COUNTRY AUSTRALIA
    Benefits

    Benefits of the Indonesia export data

  • Helps in the market analysis for information on primary export destinations.
  • Businesses can identify their competitors and assess their market share with competitor analysis. 
  • Export data can provide insights into which products are in high demand in international markets. 
  • Can help businesses understand price trends and fluctuations in different markets. 
  • Risk assessment can help businesses assess the risks associated with different export markets.

    • Frequently Asked Questions!!

    Mineral fuels and mineral oils accounted for the majority of Indonesia’s total exports.

    Indonesia’s total exports in 2022 and 2023 were valued at $292 billion and $258.78 billion respectively.

    China and The United States were Indonesia’s top 2 export partners in 2022 and 2023.

    Diversification of export markets, strengthening key industries, and collaboration.

    Market analysis, competitor analysis, insights into product demand, understanding price trends, and risk assessment.

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