2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
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GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
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 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
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GDP PC 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
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GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Australia-Indonesia Trade: In 2023, Australia exported $9.04B to Indonesia. The main products that Australia exported to Indonesia were Coal Briquettes ($1.6B), Wheat ($1.48B), and Iron Ore ($896M). Over the past 5 years the exports of Australia to Indonesia have increased at an annualized rate of 9.67%, from $5.7B in 2018 to $9.04B in 2023.

In 2009, Australia exported services to Indonesia worth $816M, with Travel ($576M), Other business services ($80.8M), and Transportation ($66.5M) being the largest in terms of value.

Indonesia-Australia Trade: In 2023, Indonesia exported $3.81B to Australia. The main products that Indonesia exported to Australia were Refined Petroleum ($339M), Video Displays ($135M), and Cement ($116M). Over the past 5 years the exports of Indonesia to Australia have decreased at an annualized rate of 0.66%,  from $3.94B in 2018 to $3.81B in 2023.

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

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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, Australia exported $9.04B to Indonesia. The main products exported from Australia to Indonesia were Coal Briquettes ($1.6B), Wheat ($1.48B), and Iron Ore ($896M). During the last 5 years the exports of Australia to Indonesia have increased at an annualized rate of 9.67%, from $5.7B in 2018 to $9.04B in 2023.

In 2018, Indonesia exported $3.81B to Australia. The main products exported from Indonesia to Australia were Refined Petroleum ($339M), Video Displays ($135M), and Cement ($116M). During the last 5 years the exports of Indonesia to Australia have decreased at an annualized rate of 0.66%, from $3.94B in 2023 to $3.81B in 2018.

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

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

Latest Data

Trade between Australia (Flag) and Indonesia (Flag)

Australia Exports

Indonesia Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Australia than Indonesia included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Indonesia than Australia included United States ($27.9B), Singapore ($15.8B), and Philippines ($11.4B).

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

Comparative Advantage Australia - Indonesia

Flow
Scale

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

During 2023, Australia had a large net trade with Indonesia in the exports of Mineral Products ($3.14B), Vegetable Products ($1.65B), and Animal Products ($972M).

During 2018, Indonesia had a large net trade with Australia in the exports of Machines ($621M), Mineral Products ($561M), and Foodstuffs ($423M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Indonesia+$99MPetroleum Gas
Top Product Potential Indonesia Australia+$104MRefined Petroleum

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

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

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