Indonesia’s main trading partners are other Asian countries – Japan, China, Singapore and South Korea. The United States is also a significant export market. Indonesia’s most important export commodities are oil and gas, minerals, crude palm oil, electrical appliances and rubber products.
Who is Indonesia’s biggest trade partner?
Indonesia top 5 Export and Import partners
|Market||Trade (US$ Mil)||Partner share(%)|
What does Indonesia import from other countries?
- Machinery including computers: US$21.8 billion (15.4% of total imports)
- Electrical machinery, equipment: $19.1 billion (13.5%)
- Mineral fuels including oil: $15.8 billion (11.1%)
- Plastics, plastic articles: $7.2 billion (5.1%)
- Iron, steel: $6.9 billion (4.8%)
- Organic chemicals: $5 billion (3.5%)
Does Indonesia trade with USA?
Economic and Trade Statistics
Indonesia is currently our 24th largest goods trading partner with $27.6 billion in total (two way) goods trade during 2020. Goods exports totaled $7.4 billion; goods imports totaled $20.2 billion. The U.S. goods trade deficit with Indonesia was $12.8 billion in 2020.
Does Indonesia export or import more?
Indonesia Exports and Imports of Product Groups 2019
Indonesia Raw materials exports are worth US$ 37,308 million, product share of 22.25%. Indonesia Raw materials imports are worth US$ 21,660 million, product share of 12.65%. Indonesia Intermediate goods exports are worth US$ 50,941 million, product share of 30.38%.
How many countries does Indonesia trade with?
In 2017, Indonesia major trading partner countries for exports were China, United States, Japan, India and Singapore and for imports they were China, Singapore, Japan, Malaysia and Thailand.
What Indonesia exports the most?
Searchable List of Indonesia’s Most Valuable Export Products
|Rank||Indonesia’s Export Product||Change|
|2||Coal, solid fuels made from coal||-23.3%|
What Indonesian imports most?
Imports The top imports of Indonesia are Refined Petroleum ($12.3B), Crude Petroleum ($5.11B), Vehicle Parts ($3.25B), Telephones ($3.19B), and Petroleum Gas ($2.53B), importing mostly from China ($45B), Singapore ($19.8B), Japan ($13.9B), Thailand ($8.75B), and United States ($7.91B).
What is Indonesia’s main source of income?
Major industrial sectors include petroleum and natural gas, textiles and apparel, mining, footwear, plywood, rubber and chemical fertilisers. The services sector is equally as important to Indonesia’s economy, accounting for 43 per cent of GDP in 2015. Agriculture on the other hand only accounted for 14 per cent.
What is Indonesia known for producing?
The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the world’s main suppliers of rubber, coffee, cocoa, and palm oil; it also produces a wide range of other commodities, such as sugar, tea, tobacco, copra, and spices (e.g., cloves).
Does Indonesia like China?
A Pew Research Center poll in 2019 indicated favourability had dropped since then, with 36% of Indonesians expressing a favourable view of China and 36% expressing an unfavourable view.
Is Indonesia allies with Russia?
Indonesia and the Soviet Union established diplomatic relations in 1950. … Russia has an embassy in Jakarta, and Indonesia has an embassy in Moscow along with a consulate general in Saint Petersburg. Both countries are members of the APEC and G-20.
Is Indonesia allies with Japan?
Indonesia and Japan established diplomatic relations in 1958. Both are two Asian nations that share historical, economic, and political ties. … Indonesia is a vital supplier of natural resources such as liquefied natural gas to Japan. Both countries are members of the G20 and APEC.
What does Indonesia import to Australia?
Australians are buying more and more from Indonesia. In 2015-16, we spent $5.5 billion on merchandise imports from Indonesia, with the largest single item being mineral fuels and other energy products. Other significant Australian purchase categories from Indonesia included iron and steel, machinery and furniture.