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Pricing

2022
Flag → Flag
Exports $1.2BRnk 62 / 221
2022
Flag → Flag
Top Product $57.9MWashing and Bottling Machines
2022
Flag → Flag
Exports $3.96BRnk 15 / 216
2022
Flag → Flag
Top Product $805MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Italy-Indonesia Trade: In 2022, Italy exported $1.2B to Indonesia. The main products that Italy exported to Indonesia were Washing and Bottling Machines ($57.9M), Planes, Helicopters, and/or Spacecraft ($54.5M), and Recovered Paper ($53.6M). Over the past 5 years the exports of Italy to Indonesia have decreased at an annualized rate of 2.77%, from $1.38B in 2017 to $1.2B in 2022.

In 2020, Italy exported services to Indonesia worth $98.9M, with Transportation ($48.5M), Travel ($12.8M), and Other business services ($11.4M) being the largest in terms of value.

Indonesia-Italy Trade: In 2022, Indonesia exported $3.96B to Italy. The main products that Indonesia exported to Italy were Palm Oil ($805M), Coal Briquettes ($629M), and Stearic Acid ($425M). Over the past 5 years the exports of Indonesia to Italy have increased at an annualized rate of 11.6%,  from $2.06B in 2017 to $3.96B in 2022.

In 2022, Indonesia did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Latest Trends

March, 2024

About

Overview In March 2024, Italy exported €481M and imported €960M from Indonesia, resulting in a negative trade balance of €480M. Between March 2023 and March 2024 the exports of Italy have decreased by €-83.4M (-14.8%) from €564M to €481M, while imports decreased by €-24.7M (-2.51%) from €985M to €960M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (March 2023 - March 2024)€-83.4M(-14.8%)
IMPORT GROWTH (March 2023 - March 2024)€-24.7M(-2.51%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Indonesia and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Indonesia and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $1.2B to Indonesia. The main products exported from Italy to Indonesia were Washing and Bottling Machines ($57.9M), Planes, Helicopters, and/or Spacecraft ($54.5M), and Recovered Paper ($53.6M). During the last 5 years the exports of Italy to Indonesia have decreased at an annualized rate of 2.77%, from $1.38B in 2017 to $1.2B in 2022.

In 2017, Indonesia exported $3.96B to Italy. The main products exported from Indonesia to Italy were Palm Oil ($805M), Coal Briquettes ($629M), and Stearic Acid ($425M). During the last 5 years the exports of Indonesia to Italy have increased at an annualized rate of 11.6%, from $2.06B in 2022 to $3.96B in 2017.

Exports from Italy (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Italy than Indonesia included Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2022, countries that imported more from Indonesia than Italy included China ($67.7B), India ($25.3B), and Japan ($26.6B).

Difference in imports from Indonesia (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Indonesia

Flow
Scale

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

During 2022, Italy had a large net trade with Indonesia in the exports of Machines ($500M), Chemical Products ($127M), and Transportation ($92.3M).

During 2017, Indonesia had a large net trade with Italy in the exports of Animal and Vegetable Bi-Products ($1.3B), Metals ($755M), and Mineral Products ($633M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Indonesia+$31.6MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Indonesia Italy+$177MCoal Briquettes

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

Product Space of Italy (Flag) and Indonesia (Flag) (2022)

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