2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

United Kingdom-Indonesia Trade: In 2023, United Kingdom exported $1.1B to Indonesia. The main products that United Kingdom exported to Indonesia were Delivery Trucks ($75.5M), Cars ($70M), and Packaged Medicaments ($67.5M). Over the past 5 years the exports of United Kingdom to Indonesia have decreased at an annualized rate of 2.86%, from $1.27B in 2018 to $1.1B in 2023.

In 2019, United Kingdom exported services to Indonesia worth $758M, with Other business services ($351M), Travel ($103M), and Insurance services ($95.6M) being the largest in terms of value.

Indonesia-United Kingdom Trade: In 2023, Indonesia exported $2.86B to United Kingdom. The main products that Indonesia exported to United Kingdom were Nickel Mattes ($378M), Leather Footwear ($214M), and Textile Footwear ($186M). Over the past 5 years the exports of Indonesia to United Kingdom have increased at an annualized rate of 7.19%,  from $2.02B in 2018 to $2.86B in 2023.

In 2023, Indonesia did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $1.1B to Indonesia. The main products exported from United Kingdom to Indonesia were Delivery Trucks ($75.5M), Cars ($70M), and Packaged Medicaments ($67.5M). During the last 5 years the exports of United Kingdom to Indonesia have decreased at an annualized rate of 2.86%, from $1.27B in 2018 to $1.1B in 2023.

In 2018, Indonesia exported $2.86B to United Kingdom. The main products exported from Indonesia to United Kingdom were Nickel Mattes ($378M), Leather Footwear ($214M), and Textile Footwear ($186M). During the last 5 years the exports of Indonesia to United Kingdom have increased at an annualized rate of 7.19%, from $2.02B in 2023 to $2.86B in 2018.

Exports from United Kingdom (Flag) to Indonesia (Flag) (2023)

Exports from Indonesia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Indonesia
Top Destination
China$70.7B

This map shows whether countries import more from United Kingdom or Indonesia. Each country is colored based on the difference in imports they receive from United Kingdom and Indonesia or the difference in the growth in imports.

In 2023, countries that imported more from United Kingdom than Indonesia included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

In 2023, countries that imported more from Indonesia than United Kingdom included China ($70.7B), Japan ($23.7B), and India ($24B).

Difference in imports from Indonesia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Indonesia

Flow
Scale

This chart compares trade between United Kingdom and Indonesia by product, considering products traded by both, United Kingdom and Indonesia.

During 2023, United Kingdom had a large net trade with Indonesia in the exports of Machines ($335M), Transportation ($189M), and Chemical Products ($175M).

During 2018, Indonesia had a large net trade with United Kingdom in the exports of Footwear and Headwear ($511M), Metals ($486M), and Textiles ($273M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Indonesia+$74.9MCars
Top Product Potential Indonesia United Kingdom+$55.6MPalm Oil

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Indonesia. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Indonesia (Flag) (2023)

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