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2023
Flag → Flag
Exports $3.81BRnk 13 / 213
2023
Flag → Flag
Top Product $339MRefined Petroleum
2023
Flag → Flag
Exports $9.04BRnk 7 / 211
2023
Flag → Flag
Top Product $1.6BCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
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GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Indonesia-Australia Trade: In 2023, Indonesia exported $3.81B to Australia. The main products that Indonesia exported to Australia were Refined Petroleum ($339M), Video Displays ($135M), and Cement ($116M). Over the past 5 years the exports of Indonesia to Australia have decreased at an annualized rate of 0.66%, from $3.94B in 2018 to $3.81B in 2023.

In 2023, Indonesia did not export any services to Australia.

Australia-Indonesia Trade: In 2023, Australia exported $9.04B to Indonesia. The main products that Australia exported to Indonesia were Coal Briquettes ($1.6B), Wheat ($1.48B), and Iron Ore ($896M). Over the past 5 years the exports of Australia to Indonesia have increased at an annualized rate of 9.67%,  from $5.7B in 2018 to $9.04B in 2023.

In 2009, Australia exported services to Indonesia worth $816M, with Travel ($576M), Other business services ($80.8M), and Transportation ($66.5M) being the largest in terms of value.

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $3.81B to Australia. The main products exported from Indonesia to Australia were Refined Petroleum ($339M), Video Displays ($135M), and Cement ($116M). During the last 5 years the exports of Indonesia to Australia have decreased at an annualized rate of 0.66%, from $3.94B in 2018 to $3.81B in 2023.

In 2018, Australia exported $9.04B to Indonesia. The main products exported from Australia to Indonesia were Coal Briquettes ($1.6B), Wheat ($1.48B), and Iron Ore ($896M). During the last 5 years the exports of Australia to Indonesia have increased at an annualized rate of 9.67%, from $5.7B in 2023 to $9.04B in 2018.

Exports from Indonesia (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Indonesia (Flag) (2023)

Latest Data

Trade between Indonesia (Flag) and Australia (Flag)

Indonesia Exports

Australia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Indonesia than Australia included United States ($27.9B), Singapore ($15.8B), and Philippines ($11.4B).

In 2023, countries that imported more from Australia than Indonesia included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Indonesia (Flag) (2023)

Comparative Advantage Indonesia - Australia

Flow
Scale

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

During 2023, Indonesia had a large net trade with Australia in the exports of Machines ($621M), Mineral Products ($561M), and Foodstuffs ($423M).

During 2018, Australia had a large net trade with Indonesia in the exports of Mineral Products ($3.14B), Vegetable Products ($1.65B), and Animal Products ($972M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Australia+$104MRefined Petroleum
Top Product Potential Australia Indonesia+$99MPetroleum Gas

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 Indonesia and Australia. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Australia (Flag) (2023)

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