Saudi Arabia (SAU) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Indonesia Trade: In 2023, Saudi Arabia exported $4.1B to Indonesia. The main products that Saudi Arabia exported to Indonesia were Crude Petroleum ($2.32B), Refined Petroleum ($844M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($193M). Over the past 5 years the exports of Saudi Arabia to Indonesia have decreased at an annualized rate of 3.71%, from $4.95B in 2018 to $4.1B in 2023.

In 2023, Saudi Arabia did not export any services to Indonesia.

Indonesia-Saudi Arabia Trade: In 2023, Indonesia exported $2.99B to Saudi Arabia. The main products that Indonesia exported to Saudi Arabia were Cars ($851M), Palm Oil ($578M), and Other Sea Vessels ($191M). Over the past 5 years the exports of Indonesia to Saudi Arabia have increased at an annualized rate of 10.8%, from $1.8B in 2018 to $2.99B in 2023.

In 2023, Indonesia did not export any services to Saudi Arabia.

Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Saudi Arabia exported $4.1B to Indonesia. The main products exported from Saudi Arabia to Indonesia were Crude Petroleum ($2.32B), Refined Petroleum ($844M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($193M). During the last 5 years the exports of Saudi Arabia to Indonesia have decreased at an annualized rate of 3.71%, from $4.95B in 2018 to $4.1B in 2023.

In 2018, Indonesia exported $2.99B to Saudi Arabia. The main products exported from Indonesia to Saudi Arabia were Cars ($851M), Palm Oil ($578M), and Other Sea Vessels ($191M). During the last 5 years the exports of Indonesia to Saudi Arabia have increased at an annualized rate of 10.8%, from $1.8B in 2023 to $2.99B in 2018.

Exports from Saudi Arabia () to Indonesia () (2023)

Exports from Indonesia () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Indonesia ()

Saudi Arabia Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Saudi Arabia than Indonesia included Japan ($34.7B), India ($34.8B), and United Arab Emirates ($11.5B).

In 2023, countries that imported more from Indonesia than Saudi Arabia included United States ($27.9B), South Korea ($10.3B), and Singapore ($15.8B).

Difference in imports from Indonesia () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Saudi Arabia had a large net trade with Indonesia in the exports of Mineral Products ($3.39B), Chemical Products ($374M), and Plastics and Rubbers ($232M).

During 2018, Indonesia had a large net trade with Saudi Arabia in the exports of Transportation ($1.08B), Animal and Vegetable Bi-Products ($626M), and Foodstuffs ($296M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Indonesia+$666MRefined Petroleum

Top Product Potential Indonesia Saudi Arabia+$57.1MPalm Oil

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Indonesia () (2023)

Exports from Indonesia () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Indonesia ()

Saudi Arabia Exports

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Indonesia () (2023)

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