Indonesia / South Korea

Indonesia-South Korea Trade: In 2022, Indonesia exported $15.6B to South Korea. The main products that Indonesia exported to South Korea were Coal Briquettes ($4.41B), Petroleum Gas ($2.44B), and Copper Ore ($1.49B). Over the past 5 years the exports of Indonesia to South Korea have increased at an annualized rate of 11.5%, from $9.04B in 2017 to $15.6B in 2022.

In 2022, Indonesia did not export any services to South Korea.

South Korea-Indonesia Trade: In 2022, South Korea exported $10.4B to Indonesia. The main products that South Korea exported to Indonesia were Refined Petroleum ($1.76B), Integrated Circuits ($540M), and Light Rubberized Knitted Fabric ($312M). Over the past 5 years the exports of South Korea to Indonesia have increased at an annualized rate of 4.83%,  from $8.2B in 2017 to $10.4B in 2022.

In 2005, South Korea exported services to Indonesia worth $473M, with Transportation ($314M), Other business services ($60.1M), and Services not allocated ($48.7M) 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).