Indonesia (IDN) and China (CHN) Trade | The Observatory of Economic Complexity

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Indonesia-China Trade: In 2023, Indonesia exported $70.7B to China. The main products that Indonesia exported to China were Ferroalloys ($14.4B), Lignite ($10.2B), and Coal Briquettes ($6.79B). Over the past 5 years the exports of Indonesia to China have increased at an annualized rate of 17.3%, from $31.8B in 2018 to $70.7B in 2023.

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

China-Indonesia Trade: In 2023, China exported $62.7B to Indonesia. The main products that China exported to Indonesia were Broadcasting Equipment ($3.03B), Telephones ($1.73B), and Computers ($1.56B). Over the past 5 years the exports of China to Indonesia have increased at an annualized rate of 6.57%, from $45.6B in 2018 to $62.7B in 2023.

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

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $70.7B to China. The main products exported from Indonesia to China were Ferroalloys ($14.4B), Lignite ($10.2B), and Coal Briquettes ($6.79B). During the last 5 years the exports of Indonesia to China have increased at an annualized rate of 17.3%, from $31.8B in 2018 to $70.7B in 2023.

In 2018, China exported $62.7B to Indonesia. The main products exported from China to Indonesia were Broadcasting Equipment ($3.03B), Telephones ($1.73B), and Computers ($1.56B). During the last 5 years the exports of China to Indonesia have increased at an annualized rate of 6.57%, from $45.6B in 2023 to $62.7B in 2018.

Exports from Indonesia () to China () (2023)

Exports from China () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and China ()

Indonesia Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

China
Top DestinationUnited States$436B

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

In 2023, countries that imported more from Indonesia than China included Timor-Leste ($340M), American Samoa ($1.94M), and Guam ($913k).

In 2023, countries that imported more from China than Indonesia included United States ($436B), Hong Kong ($259B), and Germany ($164B).

Difference in imports from China () and Indonesia () (2023)

Comparative Advantage Indonesia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with China in the exports of Metals ($24.8B), Mineral Products ($22.9B), and Animal and Vegetable Bi-Products ($8.21B).

During 2018, China had a large net trade with Indonesia in the exports of Machines ($27.5B), Metals ($6.97B), and Chemical Products ($5.8B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia China+$1.81BCoal Briquettes

Top Product Potential China Indonesia+$1.11BTelephones

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to China () (2023)

Exports from China () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and China ()

Indonesia Exports

China Exports

Market Competitiveness

Difference in imports from China () and Indonesia () (2023)

Comparative Advantage Indonesia - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and China () (2023)

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