Indonesia (IDN) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Indonesia-Russia In 2022, Indonesia exported $1.39B to Russia. The main products that Indonesia exported to Russia are Palm Oil ($743M), Coconut Oil ($166M), and Excavation Machinery ($49.7M). During the last 27 years the exports of Indonesia to Russia have increased at an annualized rate of 9.03%, from $134M in 1995 to $1.39B in 2022.

In 2022, Indonesia did not export any services to Russia.

Russia-Indonesia In 2022, Russia exported $1.88B to Indonesia. The main products that Russia exported to Indonesia were Potassic Fertilizers ($566M), Semi-Finished Iron ($402M), and Coal Briquettes ($342M). During the last 27 years the exports of Russia to Indonesia have increased at an annualized rate of 6.01%, from $390M in 1995 to $1.88B in 2022.

In 2020, Russia exported services to Indonesia worth $39.6M, with Transportation ($28.8M), Other business services ($4.8M), and Travel ($2.93M) being the largest in terms of value.

Comparison In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $1.39B to Russia. The main products exported from Indonesia to Russia were Palm Oil ($743M), Coconut Oil ($166M), and Excavation Machinery ($49.7M). During the last 27 years the exports of Indonesia to Russia have increased at an annualized rate of 9.03%, from $134M in 1995 to $1.39B in 2022.

In 2022, Russia exported $1.88B to Indonesia. The main products exported from Russia to Indonesia were Potassic Fertilizers ($566M), Semi-Finished Iron ($402M), and Coal Briquettes ($342M). During the last 27 years the exports of Russia to Indonesia have increased at an annualized rate of 6.01%, from $390M in 1995 to $1.88B in 2022.

Exports from Indonesia () to Russia () (2022)

Exports from Russia () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Russia ()

Indonesia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Indonesia than Russia were United States ($31.6B), Malaysia ($15.6B), and Japan ($26.6B).

In 2021, countries that imported more from Russia than Indonesia were China ($101B), Germany ($27.7B), and Turkey ($25.3B).

Difference in imports from Russia () and Indonesia () (2022)

Comparative Advantage Indonesia - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Russia in the exports of Animal and Vegetable Bi-Products ($964M), Machines ($108M), and Vegetable Products ($83.5M).

During 2022, Russia had a large net trade with Indonesia in the exports of Chemical Products ($735M), Metals ($558M), and Mineral Products ($428M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Indonesia worth $39.6M, with Transportation ($28.8M), Other business services ($4.8M), and Travel ($2.93M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Indonesia () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Indonesia has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Indonesia.

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Russia () (2022)

Exports from Russia () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Russia ()

Indonesia Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Indonesia () (2022)

Comparative Advantage Indonesia - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Indonesia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Russia () (2022)

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