Indonesia2019 Economic Complexity : 0.018, Rank 68 of 146
2019 Product Exports | Imports: $186B | $165B, 30 of 225 | 30 of 225
2019 Per Capita Product Exports | Imports: $687 | $612, N/A of N/A | N/A of N/A
2019 Service Exports | Imports : $30.9B | $38.8B, 14 of 69 | 12 of 69
Overview In 2019 Indonesia was the number 16 economy in the world in terms of GDP (current US$), the number 30 in total exports, the number 30 in total imports, the number N/A economy in terms of GDP per capita (current US$) and the number 68 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Indonesia are Coal Briquettes ($20.3B), Palm Oil ($15.3B), Petroleum Gas ($8.32B), Cars ($4.52B), and Gold ($4.01B), exporting mostly to China ($28.6B), United States ($19.2B), Japan ($16.8B), Singapore ($14.6B), and India ($13.6B).
In 2019, Indonesia was the world's biggest exporter of Palm Oil ($15.3B), Lignite ($2.91B), Stearic Acid ($2.76B), Uncoated Paper ($2.37B), and Coconut Oil ($1.9B)
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).
In 2019, Indonesia was the world's biggest importer of Steam Boilers ($690M), Steam Turbines ($656M), Boiler Plants ($329M), Artificial Filament Tow ($182M), and Human Hair ($42.3M)
Location Indonesia borders Timor-Leste, Malaysia, and Papua New Guinea by land and Australia, India, Palau, Philippines, Singapore, Thailand, Vietnam, and Christmas Island by sea.
Top Export (2019): Coal Briquettes, $20.3B
Top Destination (2019): China, $28.6B
In 2019, Indonesia exported a total of $186B, making it the number 30 exporter in the world. During the last five reported years the exports of Indonesia have changed by -$7.7B from $194B in 2014 to $186B in 2019.
The most recent exports are led by Coal Briquettes ($20.3B), Palm Oil ($15.3B), Petroleum Gas ($8.32B), Cars ($4.52B), and Gold ($4.01B). The most common destination for the exports of Indonesia are China ($28.6B), United States ($19.2B), Japan ($16.8B), Singapore ($14.6B), and India ($13.6B).
Top Import (2019): Refined Petroleum, $12.3B
Top Origin (2019): China, $45B
In 2019 Indonesia imported $165B, making it the number 30 trade destination in the world. During the last five reported years the imports of Indonesia changed by -$17.2B from $183B in 2014 to $165B in 2019.
The most recent imports of Indonesia are led by Refined Petroleum ($12.3B), Crude Petroleum ($5.11B), Vehicle Parts ($3.25B), Telephones ($3.19B), and Petroleum Gas ($2.53B). The most common import partners for Indonesia are China ($45B), Singapore ($19.8B), Japan ($13.9B), Thailand ($8.75B), and United States ($7.91B).
Indonesia Exports Services (2019): $30.9B
Indonesia Imports Services (2019): $38.8B
In 2019, Indonesia exported $30.9B worth of services. The top services exported by Indonesia in 2019 were Personal travel ($11.5B), Other business services ($6.6B), Business travel ($5.38B), Transportation ($3.95B), and Computer and information services ($1.32B).
The top services imported by Indonesia in 2019 were Transportation ($11.6B), Personal travel ($8.71B), Other business services ($8.46B), Computer and information services ($3.13B), and Business travel ($2.61B).
The top product import tariffs by their MFN Ad Valorem value for Indonesia are Beer made from malt (756k%) and Alcoholic liqueurs nes (150%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Indonesia are:
Indonesia has a high level of specialization in Lignite (68.2), Palm Oil (50.7), Other Edible Animal Products (50), Coconut Oil (39.2), and Raw Tin (32.3). Specialization is measured using RCA, an index that takes the ratio between Indonesia observed and expected exports in each product.
The highest complexity exports of Indonesia according to the product complexity index (PCI) are Parts and accessories for musical instruments (1.28), Stainless steel in primary forms, semi-finish products (1.24), Typewriter and similar ribbons, ink pads, etc (1.22), Rolled stainless steel sheet, width > 600mm (1.18), and Saturated acyclic monocarboxylic acids, derivatives (1.09). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Indonesia according to the relatedness index, are Bananas (0.31), Knit Men's Undergarments (0.3), Rice (0.3), Cocoa Beans (0.3), and Raw Sugar (0.29). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Indonesia is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
During the last 20 years Indonesia's economy has become relatively more complex, moving from the 73rd to the 68th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
