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2023
Flag → Flag
Exports $305MRnk 56 / 213
2023
Flag → Flag
Top Product $121MPalm Oil
2023
Flag → Flag
Exports $118MRnk 60 / 214
2023
Flag → Flag
Top Product $41MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
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Economic Complexity (ECI) ECI 0.4Rnk 46 / 132
2023
Flag  
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$243BCURRENT US$
Rnk 54 / 195
2013-2023
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GDP GROWTH2.93%CURRENT US$
Rnk 166 / 195
2023
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GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
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GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
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GDP PC$23,401CURRENT US$
Rnk 53 / 196
2013-2023
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GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

Indonesia-Greece Trade: In 2023, Indonesia exported $305M to Greece. The main products that Indonesia exported to Greece were Palm Oil ($121M), Uncoated Paper ($25.2M), and Coconut Oil ($18.3M). Over the past 5 years the exports of Indonesia to Greece have increased at an annualized rate of 4.91%, from $240M in 2018 to $305M in 2023.

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

Greece-Indonesia Trade: In 2023, Greece exported $118M to Indonesia. The main products that Greece exported to Indonesia were Refined Petroleum ($41M), Raw Cotton ($33.9M), and Recovered Paper ($10.7M). Over the past 5 years the exports of Greece to Indonesia have increased at an annualized rate of 4.83%,  from $93.6M in 2018 to $118M in 2023.

In 2020, Greece exported services to Indonesia worth $393M, with Transportation ($391M), Travel ($1.6M), and Other business services ($571k) being the largest in terms of value.

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $305M to Greece. The main products exported from Indonesia to Greece were Palm Oil ($121M), Uncoated Paper ($25.2M), and Coconut Oil ($18.3M). During the last 5 years the exports of Indonesia to Greece have increased at an annualized rate of 4.91%, from $240M in 2018 to $305M in 2023.

In 2018, Greece exported $118M to Indonesia. The main products exported from Greece to Indonesia were Refined Petroleum ($41M), Raw Cotton ($33.9M), and Recovered Paper ($10.7M). During the last 5 years the exports of Greece to Indonesia have increased at an annualized rate of 4.83%, from $93.6M in 2023 to $118M in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Greece (Flag)

Indonesia Exports

Greece Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Indonesia than Greece included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Greece than Indonesia included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Indonesia - Greece

Flow
Scale

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

During 2023, Indonesia had a large net trade with Greece in the exports of Animal and Vegetable Bi-Products ($144M), Paper Goods ($51.3M), and Plastics and Rubbers ($17.2M).

During 2018, Greece had a large net trade with Indonesia in the exports of Mineral Products ($41.3M), Textiles ($34.2M), and Paper Goods ($11.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Greece+$20.4MPetroleum Gas
Top Product Potential Greece Indonesia+$4.85MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Greece exported services to Indonesia worth $393M, with Transportation ($391M), Travel ($1.6M), and Other business services ($571k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece (Flag) to Indonesia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Indonesia and Greece. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Indonesia.

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

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