Indonesia is an archipelago located between the Pacific and the Indian Ocean in South-East Asia. With the largest economy in Southeast Asia, Indonesia has the tenth largest economy in the world in terms of purchasing power parity. Indonesia has managed to reduce its poverty by more than half in the last decade. Indonesia has a mixed economy with a mixture of private and government firms. The country is open to foreign investments. Indonesia is a member of G20, ASEAN, and has signed trade agreements between several countries such as Australia, Japan, and India.
Indonesia is blessed with many natural resources. Indonesia is export data shows that Indonesia exported goods valued at 183.5 billion USD in 2019. The total goods exported in June 2020 are 12.03 billion USD. The major products exported from Indonesia are:-
Electrical machinery equipment showed the fastest growth in the major export category at 50.5%. Footwear and iron and steel category registered growths as well. Vegetable fats, oils, and waxes showed a steep decline of 32.2% drop year over year.
Major exporters in Indonesia are:-
The exporting Partners of Indonesia are:-
Analysis of export figures showed almost 72% of Indonesian commodities were exported to other countries in Asia. 11.3% of goods exported to North America. 10.6% of the products were shipped to Europe.
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