Indonesia Export Data

Indonesia's Import/Export Overview and Domestic Market Update

Imports & Exports

• Top Trade Partners: Indonesia primarily conducts trade with China, Japan, Singapore, the United States, and India, reflecting a diversified export market strategy.

• Top 5 Imports: Machinery, electronic equipment, mineral fuels, pharmaceutical products, and vehicles. These account for a significant portion of the total import value, emphasizing a focus on industrial inputs and technology.

• Top 5 Exports: Coal, palm oil, rubber, textiles, and gold. These exports highlight Indonesia's rich natural resources and manufacturing capabilities, comprising a substantial share of the total export revenue.

• Trade Balance: Indonesia has recently experienced a trade surplus, driven by high demand for its commodities in the global market. This positive trade balance is a key indicator of economic health and stability.

• Trade Policies: The government has implemented several policies to promote export growth and attract foreign investment. These include simplifying regulations, enhancing infrastructure, and offering tax incentives for strategic industries.

Domestic Market

• Consumer Spending: Consumer spending in Indonesia remains robust, supported by a growing middle class and increasing urbanization. However, inflationary pressures have somewhat dampened purchasing power.

• Interest Rates & Inflation: To curb rising inflation, the central bank has raised interest rates, which has the dual effect of cooling the economy and attracting foreign investment.

• Supply Chain Dynamics: Indonesia's supply chains have been strengthening due to improvements in logistics and digitalization. This has led to more efficient production and trade processes, though global disruptions continue to pose challenges.

• Industry Performance: Indonesia's manufacturing sector is expanding, with a particular focus on automotive, electronics, and textiles. The agricultural sector also remains significant, with a growing emphasis on sustainable practices. The digital sector is rapidly emerging as a key driver of economic growth.

Overall Outlook

Indonesia's economy is poised for steady growth, bolstered by strong domestic demand and a favorable trade position. The government's efforts to improve infrastructure and attract investment are expected to further stimulate economic activity. Challenges such as inflation and global trade uncertainties remain, but overall, the long-term economic outlook for Indonesia is optimistic.