India / Indonesia

Overview In August 2024, India exported $625M and imported $2.04B from Indonesia, resulting in a negative trade balance of $1.41B. Between August 2023 and August 2024 the exports of India have increased by $120M (23.7%) from $505M to $625M, while imports decreased by $-45M (-2.16%) from $2.08B to $2.04B.

Trade In August 2024, the top exports of India to Indonesia were Petroleum Products ($374M), Motor Vehicle/Cars ($60.7M), Paper, Paper Board And Product ($38.7M), Sugar ($34.9M), and Iron And Steel ($34.6M). In August 2024 the top imports of India from Indonesia were Vegetable Oils ($536M), Coal,Coke And Briquittes Etc ($470M), Iron And Steel ($118M), Inorganic Chemicals ($37.5M), and Bulk Minerals And Ores ($35.8M).

Growth In August 2024, the increase in India's year-by-year exports to Indonesia was explained primarily by an increase in product exports in Petroleum Products ($278M or 288%), Motor Vehicle/Cars ($37.2M or 158%), and Paper, Paper Board And Product ($34.9M or 932%). In August 2024, the decrease in India's year-by-year imports  from Indonesia was explained primarily by an decrease in product imports  in Iron And Steel ($-65.7M or -35.7%), Processed Minerals ($-36.2M or -76.7%), and Bulk Minerals And Ores ($-23.5M or -39.7%).