Flag Indonesia

Econ Complexity (2018): -0.15, Rank 75 of 137

Product Exports (2018): $197B, Rank 28 of 222

Exports Per Capita (2018): $737, Rank 91 of 219

Product Imports (2018): $180B, Rank 27 of 221

Imports Per Capita (2018): $672, Rank 95 of 219

Service Exports (2018): $27.4B, Rank 21 of 88

Service Imports (2018): $34.6B, Rank 17 of 88

GDP (2018): $1.04T, CURRENT US$
Rank 16 of 196

GDP growth (2008 - 2018): 104%, CURRENT US$
Rank 27 of 196

GDP PC (2018): $3,894, CURRENT US$
Rank 124 of 196

GDP PC GROWTH (2008 - 2018): 79.7%, CURRENT US$
Rank 24 of 196

Overview: In 2018 Indonesia was the number 16 economy in the world in terms of GDP (current US$), the number 28 in total exports, the number 27 in total imports, and the number 75 most complex economy according to the Economic Complexity Index (ECI). In 2018, Indonesia exported $197B and imported $180B, resulting in a positive trade balance of $17.4B. In 2018, Indonesia's exports per capita were $737 and its imports per capita were $672.

Trade: The top exports of Indonesia are Coal Briquettes ($22.1B), Palm Oil ($16.7B), Petroleum Gas ($10.8B), Crude Petroleum ($5.52B), and Rubber ($4.41B). The top imports of Indonesia are Refined Petroleum ($16.1B), Crude Petroleum ($8.32B), Vehicle Parts ($3.83B), Telephones ($3.33B), and Petroleum Gas ($2.67B).

Destinations: Indonesia exports mostly to China ($28.1B), Japan ($20.4B), United States ($19.7B), India ($14.5B), and Singapore ($14.4B), and imports mostly from China ($43.7B), Singapore ($24.8B), Japan ($15.7B), Thailand ($10.3B), and South Korea ($8.94B).

Location: Indonesia borders Timor-Leste, Malaysia, and Papua New Guinea by land and Australia, India, Palau, Philippines, Singapore, Thailand, Vietnam, and Christmas Island by sea.

Product Exports

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Value

Top Export (2018): Coal Briquettes, $22.1B

Top Destination (2018): China, $28.1B

In 2018 Indonesia exported a total of $197B, making it the number 28 exporter in the world. During the last five reported years the exports of Indonesia have changed by -$8.72B from $206B in 2013 to $197B in 2018.

The most recent exports are led by Coal Briquettes ($22.1B), Palm Oil ($16.7B), Petroleum Gas ($10.8B), Crude Petroleum ($5.52B), and Rubber ($4.41B). The most common destination for the exports of Indonesia are China ($28.1B), Japan ($20.4B), United States ($19.7B), India ($14.5B), and Singapore ($14.4B).

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Product Imports

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Value

Top Import (2018): Refined Petroleum, $16.1B

Top Origin (2018): China, $43.7B

In 2018 Indonesia imported $180B, making it the number 27 trade destination in the world. During the last five reported years the imports of Indonesia changed by -$6.03B from $186B in 2013 to $180B in 2018.

The most recent imports of Indonesia are led by Refined Petroleum ($16.1B), Crude Petroleum ($8.32B), Vehicle Parts ($3.83B), Telephones ($3.33B), and Petroleum Gas ($2.67B). The most common import partners for Indonesia are China ($43.7B), Singapore ($24.8B), Japan ($15.7B), Thailand ($10.3B), and South Korea ($8.94B).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Indonesia Exports Services (2018): $27.4B

Indonesia Imports Services (2018): $34.6B

In 2018, Indonesia exported $27.4B worth of services. The top services exported by Indonesia in 2018 were Personal travel ($9.59B), Other business services ($6.07B), Business travel ($4.52B), Transportation ($3.6B), and Computer and information services ($1.3B).

The top services imported by Indonesia in 2018 were Transportation ($12.4B), Other business services ($6.97B), Personal travel ($6.33B), Computer and information services ($2.88B), and Business travel ($2.44B).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Indonesia. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Tariffs by Product

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The top product import tariffs by their MFN Ad Valorem value for Indonesia are Alcoholic liqueurs nes (150%) and Gin and Geneva (150%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

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*The tariffs applied to imports for Indonesia are:
1: AANZFTA ASEAN - Australia - New Zealand Free Trade Area
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
136: Most Favoured Nation duty rate treatement
184: Preferential tariff for China
239: Preferential tariff for India
246: Preferential tariff for Japan
249: Preferential tariff for Korea, Republic of
284: Preferential tariff for Pakistan

Economic Complexity

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Economic Complexity Ranking

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During the last 20 years Indonesia's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨72nd to the 75th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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Most Specialized Products by RCA Index

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Indonesia has a high level of specialization in Lignite (69.1), Palm Oil (49.5), Other Edible Animal Products (47.5), Coconut Oil (38.4), and Raw Tin (34.9). Specialization is measured using RCA, an index that takes the ratio between Indonesia observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Indonesia according to the product complexity index (PCI) are Parts and accessories for musical instruments (1.27), Rubberised textile fabric, except tyre cord (1.19), Synthetic organic colouring matter (1.14), Rolled stainless steel sheet, width > 600mm (1.11), and Wire of stainless steel (1.11). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Indonesia according to the relatedness index, are Rice (0.29), Cocoa Beans (0.29), Knit Men's Undergarments (0.28), Cassava (0.28), and Tin Ores (0.28). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Indonesia is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.