2023
Exports
$1.42BWorld Rnk 50 / 167
Flag Rnk 37 / 1192
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$2.58BWorld Rnk 21 / 174
Flag Rnk 11 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $1.42B in Gold, making it the 50th largest exporter of Gold in the world. At the same year, Gold was the 37th most exported product in Indonesia. The main destination of Gold exports from Indonesia are: Singapore ($513M), Jordan ($500M), Hong Kong ($263M), United Arab Emirates ($71M), and China ($35M).

The fastest growing export markets for Gold of Indonesia between 2022 and 2023 were United Arab Emirates ($71M), Jordan ($54.3M), and China ($35M).

Imports In 2023, Indonesia imported $2.58B in Gold, becoming the 21st largest importer of Gold in the world. At the same year, Gold was the 11th most imported product in Indonesia. Indonesia imports Gold primarily from: Hong Kong ($873M), Australia ($825M), Singapore ($237M), Japan ($173M), and United Arab Emirates ($166M).

The fastest growing import markets in Gold for Indonesia between 2022 and 2023 were Australia ($83M), United Arab Emirates ($7.04M), and United States ($6.52M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.42B
IMPORTS (2023)$2.58B
NET TRADE (2023)-$1.15B

In 2023, Indonesia exported $1.42B in Gold. The main destinations of Indonesia exports on Gold were Singapore ($513M), Jordan ($500M), Hong Kong ($263M), United Arab Emirates ($71M), and China ($35M).

In 2023, Indonesia imported $2.58B in Gold, mainly from Hong Kong ($873M), Australia ($825M), Singapore ($237M), Japan ($173M), and United Arab Emirates ($166M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Jordan$54.3M (12.2%)
China$35M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Indonesia WERE (2022 - 2023):
Singapore-$170M (-24.9%)
Thailand-$63.4M (-71.5%)
Switzerland-$56.2M (-75.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Gold were:
In 2023, Indonesia's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $78.9M
TOP IMPORT POTENTIALSwitzerland+ $133M

Gold’s highest export potential is Switzerland. With an export gap of $78.9M.   Gold’s highest import potential is Switzerland with an import gap of $133M.

See methodology.

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