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How to find Major Products Export from Indonesia

21-Jul-2020

Key Highlights:

  • Indonesia main exports include palm oil, rubber, textiles, oil, gas, minerals, and agricultural products.

  • Indonesia ranks 26th globally in total exports, with a total export value surpassing $320 billion by 2022.

  • Major products exports from Indonesia include mineral fuels, fats and oils, iron and steel, electrical machinery, vehicles, ores, gems, nickel, machinery, and footwear.

  • China is Indonesia's top export partner, followed by the United States, Japan, India, and Malaysia.

  • Major exporters in Indonesia include Taurus Commodities General Trading LLC, Adani Global Private Limited, and others.

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. 

While Indonesia is well-known for its exports of palm oil, rubber, and textiles, it also exports a wide range of goods to fuel its economy. According to Indonesia export data, the country is also a significant supplier of natural resources such as oil and gas, minerals, and agricultural products. In this blog, we will discuss major exports from Indonesia and trading partners.

Also Read: What are the top 10 import products of Indonesia?

Know about Indonesia's export market

Indonesia's export market is a key player on the international scene, ranking 26th globally in total exports. 

  • Indonesia's economy is less reliant on exports than some of its neighbours, although exports are still an important component.

  • Indonesia's export market is on the increase, with a total export value topping $320 billion by 2022. 

  • Indonesia products for export such as crude oil, natural gas, and minerals make important contributions to Indonesia's export markets.

Indonesia Export Data: 2023-24

Here is the table for Indonesia Export Data!

Month

Export Value (USD Billion)

Change from Previous Year (%)

Indonesia Export Data (%)

October 2023

22.15

-10.43

-15.35

January 2024

20.52

8.06

8.34

  • Indonesian exports in January 2024 totaled US$20.52 billion, a decline of 8.34 percent from December 2023 and 8.06 percent from January 2023.

  • Indonesia is blessed with many natural resources. Indonesia's export data shows that Indonesia exported goods valued at $22.15 billion in October 2023. 

  • Indonesia's overall export value in October 2023 was $22.15 billion, down 10.43% from the same period the previous year, according to BPS-STATISTICS INDONESIA. 

  • However, this is better than the market's prediction of a 15.35% decrease.

According to Indonesia Exporter Data, Indonesia plans to export at least 8 million metric tons of palm oil to China by 2024. This projection is based on the country's palm oil production, which is expected to stay steady at 48.5 million metric tonnes by 2024. Domestic palm oil consumption in Indonesia is estimated to reach roughly 20.35 million metric tonnes in the same year.

Now, explore the top exports from Indonesia!

Top 10 Exports from Indonesia

Indonesia, the world's fourth most populous country, has a strong economy that is mostly based on domestic manufacturing and overseas trade. While Indonesia is well-known for its major exports of palm oil, rubber, and textiles, it also imports a wide range of goods to fuel its economy.

Here is a list of indonesia biggest export or Indonesia major export products:

  • Mineral fuels, including oil
  • Animal/vegetable fats, oils, and waxes
  • Iron, steel
  • Electrical machinery, equipment
  • Vehicles
  • Ores, slag, and ash
  • Gems, precious metals
  • Nickel
  • Machinery, including computers
  • Footwear

Here is the detail table for exports from Indonesia with values:

S.No

Indonesia's Main Exports/indonesia top export

Export Values: (USD billions)

1

Mineral fuels & Oils

59.5

2

  Animal/vegetable fats, oils, and waxes

28.5

3

                  Iron, steel

26.7

4

Electrical machinery, equipment

14.3 

5

Vehicles 

11.2

6

Ores, slag, ash

8.7 

7

Gems, precious metals

7.5

8

Nickel

6.8 

9

Machinery, including computers

6.5 

10

Footwear

6.4

So, these are the list of top export indonesia or indonesia major exports. By value, top products exports from Indonesia accounted for more than two-thirds (68%) of all exports.

Gems and precious metals were the fastest growing of the top ten export categories, increasing by 19.1% from 2022 to 2023. That category was boosted by increased overseas revenue from exporting jewellery. Nickel came ranked second for growing export sales, with a 14% increase. The only other increase was in vehicle shipments from Indonesia, which rose by 1.6%.

Looking for major products exports from indonesia? The ExportImportData.in platform brings real-time information to your doorstep.

Top 10 Export Partners of Indonesia:

The following are Indonesia top export partners, listed by export value, as of 2023:

Rank

Country

Export Value (USD Billion)

1

China

67.7

2

United States

31.6

3

Japan

26.6

4

Singapore

N/A

5

India

25.3

6

Malaysia

15.6

7

South Korea

N/A

8

Thailand

N/A

9

Australia

N/A

10

Taiwan

N/A

So, these are the indonesia top export partners. The United States, Indonesia's second largest trading partner, accounted for 11.2% of its exports and 5.8% of its imports in value. Other notable commercial relationships included Japan, Singapore, Malaysia, India, Malaysia, Thailand, Australia, and Taiwan, China. If you need an updated list of Indonesia export partners or major exports from indonesia, indonesia main export,connect with ExportImportData.in today

Major exporters in Indonesia: 

Finding updated exporters in Indonesia is critical to global trade success. Here are the:Major exporters in Indonesia:-

  • Taurus Commodities General Trading LLC

  • Adani Global Private Limited

  • HI Lingos Co Limited

  • PAN Asia Tradelink Private Limited

  • PT Kaltim Prima Coal

  • Rwood Resources DMCC

  • JSW International Trade Corporation, Private Limited

  • Swiss Singapore Overseas Enterprises Private Limited

  • Aditya Birla Global Trading Singapore Private Limited

  • Tata International Singapore Private Limited 

So, these are the top 10 exporters in Indonesia. However, if you need the updated list of Indonesia suppliers or buyers data or major exports from indonesia or indonesia main export Connect with ExportImportData.in today and explore the global market reports instantly.

Wind Up

Indonesia, with its abundant natural resources and developing manufacturing sector, has emerged as a major supplier of a wide range of items. This blog post examined some of the major products exports from Indonesia, or indonesia main export, emphasizing the country's important contribution to the global market. From critical agricultural supplies to thriving industrial items, Indonesia's main export industry is primed for continuing expansion and diversification. As the nation's economy grows, we may expect Indonesia's export instance to alter even further in the next few years.

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Frequently Ask Questions

  1. What are the Major Exports of Indonesia?

According to Indonesia export data, the Major exports from Indonesia are:

  • Coal

  • Palm oil

  • Natural gas

  • Rubber

  • Processed foods

  1. What is the best Product to Export from Indonesia?

The most suitable product for export is determined by the target market and existing worldwide demand. However, some of Indonesia's most competitive exports are: 

  • Mineral fuels including oil: US$59.5 billion (23% of total exports)

  • Animal/vegetable fats, oils, waxes: $28.5 billion (11%)

  • Iron, steel: $26.7 billion (10.3%)

  • Electrical machinery, equipment: $14.3 billion (5.5%)

  • Vehicles : $11.2 billion (4.3%)

  • Ores, slag, ash: $8.7 billion (3.4%)

  1. What are the top 5 Exports of Indonesia?

As per Indonesia exporters data, the top 5 exports of Indonesia:

  • Coal Briquettes ($50.8 billion)

  • Palm Oil ($28.7 billion)

  • Ferroalloys ($13.7 billion)

  • Petroleum Gas ($11.8 billion)

  • Copper Ore ($8.89 billion)

  1. What products does Indonesia Import from India?

The various products Indonesia imports from India. Some of the major products are:

  • Palm oil

  • Coal

  • Chemicals

  • Steel

  • Machinery

  1. What is the best Product to export from Indonesia?

Indonesia, the world's fourth most populous country, has a robust economy built primarily on domestic manufacturing and international trade. While Indonesia is well-known for its primary exports of palm oil, rubber, and textiles, it also imports a diverse range of items to help drive its economy. 

  1. What are the top 5 Imports of Indonesia?

As per Indonesia importers list, the Top 5 imports of Indonesia are:

  • Machinery and equipment

  • Chemical products

  • Mineral fuels and lubricants

  • Iron and steel

  • Plastic materials

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