Exports from Indonesia dropped 9.99 percent from a year earlier to USD 14.28 billion in August 2019, worse than market consensus of a 6 percent decline and after a marginally revised 5.10 percent fall in the prior month. Oil and gas exports plunged by 38.52 percent to USD 0.88 billion on the back of mining products (-45.07 percent), including crude oil (-74.47 percent) and natural gas (-22.75 percent), and sales of non-oil and gas products dropped by 7.18 percent to USD 13.40 billion. Exports in Indonesia averaged 4490.66 USD Million from 1960 until 2019, reaching an all time high of 18647.83 USD Million in August of 2011 and a record low of 30 USD Million in January of 1961.

Exports in Indonesia is expected to be 14700.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Indonesia to stand at 11900.00 in 12 months time. In the long-term, the Indonesia Exports is projected to trend around 17700.00 USD Million in 2020, according to our econometric models.

Indonesia Exports
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-24 04:00 AM Exports YoY May -8.99% -9.54% -14.7%
2019-07-15 04:00 AM Exports YoY Jun -8.98% -8.48% -8.7%
2019-08-15 04:00 AM Exports YoY Jul -5.12% -9.11% -11.4% -7.80%
2019-09-16 04:00 AM Exports YoY Aug -9.99% -5.10% -6%


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 85.10 -64.29 4641.92 -2329.13 USD Million [+]
Current Account -8442.80 -6966.00 3795.00 -10125.60 USD Million [+]
Current Account to GDP -3.00 -1.60 4.80 -6.80 percent [+]
Imports 14195.20 15518.48 18297.15 21.00 USD Million [+]
Exports 14280.30 15454.19 18647.83 30.00 USD Million [+]
External Debt 391827.59 387592.08 391827.59 119594.10 USD Million [+]
Terms of Trade 105.99 106.44 117.70 77.43 Index Points [+]
Foreign Direct Investment 104.90 87.20 112.00 35.40 IDR Trillion [+]
Remittances 2898.41 2784.40 2898.41 1202.00 USD Million [+]
Tourist Arrivals 1555346.00 1483792.00 1555346.00 548821.00 [+]
Gold Reserves 78.54 78.50 96.45 73.09 Tonnes [+]
Crude Oil Production 736.00 756.00 1720.00 704.00 BBL/D/1K [+]
Terrorism Index 4.54 4.55 6.55 3.92 [+]
Weapons Sales 15.00 94.00 94.00 1.00 USD Million [+]

Indonesia Exports by Country Last Previous
United States 1595.26 1586.46 USD Million Aug/19
Japan 1337.46 1407.60 USD Million Aug/19
Singapore 1163.00 1489.76 USD Million Aug/19
Malaysia 717.27 972.06 USD Million Aug/19
Philippines 612.56 585.05 USD Million Aug/19
Thailand 578.33 541.53 USD Million Aug/19
Vietnam 472.39 422.07 USD Million Aug/19
Hong Kong 223.33 302.77 USD Million Aug/19
Germany 201.99 219.66 USD Million Aug/19
Netherlands 201.45 278.40 USD Million Aug/19
Australia 193.82 259.78 USD Million Aug/19
Spain 123.85 122.22 USD Million Aug/19
Italy 119.26 127.77 USD Million Aug/19
United Kingdom 118.55 123.72 USD Million Aug/19
France 102.67 93.05 USD Million Aug/19
Canada 70.80 87.91 USD Million Aug/19
Cambodia 53.02 56.50 USD Million Aug/19
Greece 16.85 14.64 USD Million Aug/19
Denmark 13.19 19.65 USD Million Aug/19
Sweden 11.20 11.75 USD Million Aug/19
Indonesia Exports by Category Last Previous
Oil & Gas 846.20 706.30 USD Million Jul/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Indonesia Exports

Exports have been an engine of economic growth in Indonesia. However, after reaching a peak in 2012, it have been in a steady decline due to lower commodity prices and dwindling global demand. Major exports are: oil and gas (12.4 percent of the total exports, of those gas 6.9 percent, crude oil 4.3 percent and oil products 1.2 percent); animal and vegetable fats and oils (14 percent); and electrical equipment and machinery (10.45 percent). Other exports include: footwear, part of such articles (3.4 percent); garments not knitted (3 percent) and ores, slag and ash (2.5 percent). Major export partners are: the United States (11.6 percent), China (10 percent of the total exports), Japan (9.9 percent), India (8.8 percent) and Singapore (7 percent). This page provides the latest reported value for - Indonesia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Exports - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14280.30 15454.19 18647.83 30.00 1960 - 2019 USD Million Monthly




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