Overview In December 2022, China exported $6.12B and imported $7.15B from Indonesia, resulting in a negative trade balance of $1.03B. Between December 2021 and December 2022 the exports of China have decreased by $-298M (-4.64%) from $6.41B to $6.12B, while imports decreased by $-99.4M (-1.37%) from $7.25B to $7.15B.
Trade In December 2022, the top exports of China to Indonesia were Telephones ($309M), Computers ($208M), Synthetic Filament Yarn Woven Fabric ($167M), Large Construction Vehicles ($140M), and Sound Recordings ($116M). In December 2022 the top imports of China from Indonesia were Coal Briquettes ($900M), Ferroalloys ($809M), Petroleum Gas ($670M), Lignite ($650M), and Stainless Steel Ingots ($454M).
Origins In December 2022 the exports of China were mainly from Guangdong Province ($1.1B), Zhejiang Province ($935M), Shandong Province ($825M), Jiangsu Province ($747M), and Shanghai Province ($489M), while imports destinations were mainly Fujian Province ($1.18B), Zhejiang Province ($1.1B), Guangdong Province ($791M), Jiangsu Province ($761M), and Beijing ($667M).
Growth In December 2022, the decrease in China's year-by-year exports to Indonesia was explained primarily by an decrease in product exports in LCDs ($-80.9M or -99.5%), Vaccines, blood, antisera, toxins and cultures ($-78.8M or -58.1%), and Commodities not elsewhere specified ($-23.2M or -55.7%). In December 2022, the decrease in China's year-by-year imports from Indonesia was explained primarily by an decrease in product imports in Palm Oil ($-316M or -73.7%), Coal Tar Oil ($-132M or -99.2%), and Non-Retail Pure Cotton Yarn ($-18.5M or -58.8%).