2021
Flag  
GDP
$1.19TCURRENT US$
Rnk 16 / 204
2011-2021
Flag
GDP GROWTH
32.9%CURRENT US$
Rnk 88 / 204
2021
Flag
 GDP
$1.81TCURRENT US$
Rnk 11 / 204
2011-2021
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 72 / 204
2021
Flag
GDP PC 
$4,334CURRENT US$
Rnk 130 / 204
2011-2021
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 81 / 204
2021
Flag
GDP PC
$34,998CURRENT US$
Rnk 38 / 204
2011-2021
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 51 / 204

About

Indonesia-South Korea In 2021, Indonesia exported $10.5B to South Korea. The main products that Indonesia exported to South Korea are Coal Briquettes ($2.09B), Petroleum Gas ($973M), and Copper Ore ($759M). During the last 26 years the exports of Indonesia to South Korea have increased at an annualized rate of 4.69%, from $3.2B in 1995 to $10.5B in 2021.

In 2021, Indonesia did not export any services to South Korea.

South Korea-Indonesia In 2021, South Korea exported $8.68B to Indonesia. The main products that South Korea exported to Indonesia were Refined Petroleum ($640M), Integrated Circuits ($380M), and Light Rubberized Knitted Fabric ($359M). During the last 26 years the exports of South Korea to Indonesia have increased at an annualized rate of 4.13%, from $3.03B in 1995 to $8.68B in 2021.

In 2005, South Korea exported services to Indonesia worth $473M, with Transportation ($314M), Other business services ($60.1M), and Services not allocated ($48.7M) being the largest in terms of value.

Comparison In 2021,  Indonesia ranked 61 in the Economic Complexity Index (ECI 0.042), and 27 in total exports ($248B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Indonesia exported $10.5B to South Korea. The main products exported from Indonesia to South Korea were Coal Briquettes ($2.09B), Petroleum Gas ($973M), and Copper Ore ($759M). During the last 26 years the exports of Indonesia to South Korea have increased at an annualized rate of 4.69%, from $3.2B in 1995 to $10.5B in 2021.

In 2021, South Korea exported $8.68B to Indonesia. The main products exported from South Korea to Indonesia were Refined Petroleum ($640M), Integrated Circuits ($380M), and Light Rubberized Knitted Fabric ($359M). During the last 26 years the exports of South Korea to Indonesia have increased at an annualized rate of 4.13%, from $3.03B in 1995 to $8.68B in 2021.

Exports from Indonesia (Flag) to South Korea (Flag) (2021)

Exports from South Korea (Flag) to Indonesia (Flag) (2021)

Latest Data

Trade between Indonesia (Flag) and South Korea (Flag)

Indonesia Exports

South Korea Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$54.5B
South Korea
Top Destination
China$158B

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

In 2021, countries that imported more from Indonesia than South Korea were Pakistan ($4.05B), Malaysia ($12.6B), and Bangladesh ($2.92B).

In 2021, countries that imported more from South Korea than Indonesia were China ($158B), United States ($95.9B), and Vietnam ($56.5B).

Difference in imports from South Korea (Flag) and Indonesia (Flag) (2021)

Comparative Advantage Indonesia - South Korea

Flow
Scale

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

During 2021, Indonesia had a large net trade with South Korea in the exports of Mineral Products ($4.12B), Metals ($1.11B), and Machines ($1.02B).

During 2021, South Korea had a large net trade with Indonesia in the exports of Machines ($1.97B), Metals ($1.66B), and Plastics and Rubbers ($1.35B).

Service Trade

Bilateral Service Trade

In 2005, South Korea exported services to Indonesia worth $473M, with Transportation ($314M), Other business services ($60.1M), and Services not allocated ($48.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from South Korea (Flag) to Indonesia (Flag) (2005)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Indonesia has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and South Korea (Flag) (2021)

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