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2023
Flag → Flag
Exports $11BRnk 31 / 220
2023
Flag → Flag
Top Product $1.56BPetroleum Gas
2023
Flag → Flag
Exports $27.9BRnk 2 / 213
2023
Flag → Flag
Top Product $1.71BPalm Oil
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
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GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
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GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$4,876CURRENT US$
Rnk 123 / 196
2013-2023
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GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

United States-Indonesia Trade: In 2023, United States exported $11B to Indonesia. The main products that United States exported to Indonesia were Petroleum Gas ($1.56B), Soybeans ($1.26B), and Crude Petroleum ($489M). Over the past 5 years the exports of United States to Indonesia have increased at an annualized rate of 1.95%, from $10B in 2018 to $11B in 2023.

In 2017, United States exported services to Indonesia worth $2.55B, with Travel ($933M), Other business services ($538M), and Financial services ($357M) being the largest in terms of value.

Indonesia-United States Trade: In 2023, Indonesia exported $27.9B to United States. The main products that Indonesia exported to United States were Palm Oil ($1.71B), Other Electrical Machinery ($1.23B), and Broadcasting Equipment ($1.22B). Over the past 5 years the exports of Indonesia to United States have increased at an annualized rate of 4.86%,  from $22B in 2018 to $27.9B in 2023.

In 2023, Indonesia did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Company data: In 2023, leading companies such as Old Navy (5.97k), Gap (2.13k), and Hankook Tires (2.04k) were at the forefront of exporting goods from Indonesia to the United States. Conversely, Other (4.4k), Pt.daehan Global (2.14k), and Unknown (1.33k) were notable for importing products to Indonesia from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $988M and imported $2.49B from Indonesia, resulting in a negative trade balance of $1.5B. Between November 2023 and November 2024 the exports of United States have increased by $58.3M (6.28%) from $929M to $988M, while imports increased by $587M (30.8%) from $1.9B to $2.49B.

Trade In November 2024, the top exports of United States to Indonesia were Petroleum Gas ($180M), Soybeans ($155M), Crude Petroleum ($106M), Acyclic Hydrocarbons ($34M), and Aircraft parts (gliders, balloons, and powered... ($33.9M). In November 2024 the top imports of United States from Indonesia were Other Electrical Machinery ($213M), Telephones ($149M), Palm Oil ($142M), Rubber Tires ($101M), and Leather Footwear ($97M).

Origins In November 2024 the exports of United States were mainly from Texas ($251M), Alabama ($118M), California ($79.3M), New Jersey ($54.7M), and North Carolina ($51.6M), while imports destinations were mainly California ($695M), Texas ($279M), Georgia ($209M), New Jersey ($147M), and Ohio ($107M).

Growth In November 2024, the increase in United States's year-by-year exports to Indonesia was explained primarily by an increase in product exports in Petroleum Gas ($102M or 130%), Soybeans ($86.9M or 127%), and Acyclic Hydrocarbons ($33.8M or 20k%). In November 2024, the increase in United States's year-by-year imports  from Indonesia was explained primarily by an increase in product imports  in Other Electrical Machinery ($193M or 989%), Telephones ($89.1M or 149%), and Semiconductor Devices ($35.4M or 552%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$58.3M(6.28%)
IMPORT GROWTH (November 2023 - November 2024)$587M(30.8%)
MAIN EXPORTER (November 2024)Texas$251M

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

To check Indonesia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Indonesia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $11B to Indonesia. The main products exported from United States to Indonesia were Petroleum Gas ($1.56B), Soybeans ($1.26B), and Crude Petroleum ($489M). During the last 5 years the exports of United States to Indonesia have increased at an annualized rate of 1.95%, from $10B in 2018 to $11B in 2023.

In 2018, Indonesia exported $27.9B to United States. The main products exported from Indonesia to United States were Palm Oil ($1.71B), Other Electrical Machinery ($1.23B), and Broadcasting Equipment ($1.22B). During the last 5 years the exports of Indonesia to United States have increased at an annualized rate of 4.86%, from $22B in 2023 to $27.9B in 2018.

Exports from United States (Flag) to Indonesia (Flag) (2023)

Exports from Indonesia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from United States than Indonesia included Canada ($269B), Mexico ($243B), and Germany ($94.8B).

In 2023, countries that imported more from Indonesia than United States included Philippines ($11.4B), Pakistan ($3.5B), and Bangladesh ($3.58B).

Difference in imports from Indonesia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Indonesia

Flow
Scale

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

During 2023, United States had a large net trade with Indonesia in the exports of Mineral Products ($2.26B), Machines ($1.84B), and Vegetable Products ($1.49B).

During 2018, Indonesia had a large net trade with United States in the exports of Machines ($5.66B), Textiles ($4.75B), and Animal and Vegetable Bi-Products ($2.78B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Indonesia+$295MCrude Petroleum
Top Product Potential Indonesia United States+$427MTelephones

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

Product Space of United States (Flag) and Indonesia (Flag) (2023)

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