2023
Flag  
GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Japan-Indonesia Trade: In 2023, Japan exported $15.4B to Indonesia. The main products that Japan exported to Indonesia were Motor vehicles; parts and accessories (8701 to 8705) ($1.47B), Flat Flat-Rolled Steel ($649M), and Hot-Rolled Iron ($643M). Over the past 5 years the exports of Japan to Indonesia have decreased at an annualized rate of 1.97%, from $17B in 2018 to $15.4B in 2023.

In 2009, Japan exported services to Indonesia worth $3.74B, with Services not allocated ($1.87B), Construction services ($639M), and Royalties and license fees ($612M) being the largest in terms of value.

Indonesia-Japan Trade: In 2023, Indonesia exported $23.7B to Japan. The main products that Indonesia exported to Japan were Coal Briquettes ($5.76B), Petroleum Gas ($2.18B), and Copper Ore ($1.78B). Over the past 5 years the exports of Indonesia to Japan have increased at an annualized rate of 2.12%,  from $21.3B in 2018 to $23.7B in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $15.4B to Indonesia. The main products exported from Japan to Indonesia were Motor vehicles; parts and accessories (8701 to 8705) ($1.47B), Flat Flat-Rolled Steel ($649M), and Hot-Rolled Iron ($643M). During the last 5 years the exports of Japan to Indonesia have decreased at an annualized rate of 1.97%, from $17B in 2018 to $15.4B in 2023.

In 2018, Indonesia exported $23.7B to Japan. The main products exported from Indonesia to Japan were Coal Briquettes ($5.76B), Petroleum Gas ($2.18B), and Copper Ore ($1.78B). During the last 5 years the exports of Indonesia to Japan have increased at an annualized rate of 2.12%, from $21.3B in 2023 to $23.7B in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Japan than Indonesia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Indonesia than Japan included India ($24B), Pakistan ($3.5B), and Bangladesh ($3.58B).

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

Comparative Advantage Japan - Indonesia

Flow
Scale

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

During 2023, Japan had a large net trade with Indonesia in the exports of Machines ($4.93B), Metals ($3.59B), and Transportation ($2.94B).

During 2018, Indonesia had a large net trade with Japan in the exports of Mineral Products ($9.95B), Machines ($2.59B), and Metals ($1.8B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Indonesia+$218MCars
Top Product Potential Indonesia Japan+$569MPetroleum 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 Japan and Indonesia. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Japan.

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

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