Indonesia-Italy Trade: In 2022, Indonesia exported $3.96B to Italy. The main products that Indonesia exported to Italy were Palm Oil ($805M), Coal Briquettes ($629M), and Stearic Acid ($425M). Over the past 5 years the exports of Indonesia to Italy have increased at an annualized rate of 14%, from $2.06B in 2017 to $3.96B in 2022.
In 2022, Indonesia did not export any services to Italy.
Italy-Indonesia Trade: In 2022, Italy exported $1.2B to Indonesia. The main products that Italy exported to Indonesia were Washing and Bottling Machines ($57.9M), Planes, Helicopters, and/or Spacecraft ($54.5M), and Recovered Paper ($53.6M). Over the past 5 years the exports of Italy to Indonesia have decreased at an annualized rate of 2.77%, from $1.38B in 2017 to $1.2B in 2022.
In 2020, Italy exported services to Indonesia worth $98.9M, with Transportation ($48.5M), Travel ($12.8M), and Other business services ($11.4M) being the largest in terms of value.
Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).