Exports from Indonesia increased 47.64 percent from a year earlier to USD 20.60 billion in September of 2021, far below market consensus of a 51.57 percent rise and after a 64.1 percent jump in the prior month, amid softening global demand and rising commodity prices. Sales of non-oil and gas exports jumped by 48.03 percent to USD 19.67 billion; while oil and gas exports surged by 39.79 percent to USD 0.93 billion, amid higher shipments in oil products (80.55 percent) and gas (49.94 percent). Considering the first nine months of the year, exports grew by 40.38 percent from the same period of 2020. source: Statistics Indonesia

Exports in Indonesia averaged 4708.54 USD Million from 1960 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Exports in Indonesia is expected to be 20900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Exports is projected to trend around 16700.00 USD Million in 2022 and 17700.00 USD Million in 2023, according to our econometric models.

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Indonesia Exports


Calendar GMT Actual Previous Consensus TEForecast
2021-09-15 04:00 AM Aug 64.1% 29.27% 36.9%
2021-10-15 02:00 AM Sep 47.64% 64.1% 51.57%


News Stream
Indonesia Export Growth Below Estimates
Exports from Indonesia increased 47.64 percent from a year earlier to USD 20.60 billion in September of 2021, far below market consensus of a 51.57 percent rise and after a 64.1 percent jump in the prior month, amid softening global demand and rising commodity prices. Sales of non-oil and gas exports jumped by 48.03 percent to USD 19.67 billion; while oil and gas exports surged by 39.79 percent to USD 0.93 billion, amid higher shipments in oil products (80.55 percent) and gas (49.94 percent). Considering the first nine months of the year, exports grew by 40.38 percent from the same period of 2020.
2021-10-15
Indonesia Exports Rise to All-Time High
Exports from Indonesia increased 64.1 percent from a year earlier to a record of USD 21.42 billion in August of 2021, easily beating market consensus of a 36.9 percent rise and after a marginally revised 29.27 percent jump in the prior month. It was the strongest growth on record in exports, amid a further recovery in global demand and rising commodity prices. Sales of non-oil and gas exports jumped by 63.43 percent to USD 20.36 billion; while oil and gas exports surges by 77.93 percent to USD 1.07 billion, amid higher shipments in oil products (95.95 percent) and gas (104.36 percent). Considering the first eight months of the year, exports grew by 37.77 percent from the same period of 2020.
2021-09-15
Indonesia Exports Rise Less than Expected
Exports from Indonesia increased 29.32 percent from a year earlier to USD 17.70 billion in July of 2021, below market consensus of a 30.2 percent rise and after a marginally revised 54.40 percent jump in the prior month, amid a further recovery in global demand and rising commodity prices. Sales of non-oil and gas exports jumped by 28.26 percent to USD 16.71 billion; while oil and gas exports surge by 50.08 percent to USD 0.99 billion, amid higher shipments in crude oil (87.93 percent) and gas (60.57 percent). Considering the first seven months of the year, exports grew by 33.94 percent from the same period of 2020.
2021-08-18

Indonesia Last Unit Reference Previous Highest Lowest
Balance of Trade 4370.60 USD Million Sep/21 4748.20 4748.20 -2329.13
Imports 16230.00 USD Million Sep/21 16678.70 18297.15 21.00
Exports 20604.40 USD Million Sep/21 21427.10 21427.10 30.00
Terms of Trade 100.58 points Aug/21 102.81 117.70 77.43
Tourist Arrivals 127314.00 Aug/21 138967.00 1547231.00 117000.00


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).

Indonesia Exports by Country Last Previous
United States 1671.46 1478.11 USD Million Dec/19
Japan 1317.95 1313.35 USD Million Dec/19
Singapore 979.94 1021.21 USD Million Dec/19
Malaysia 837.00 721.87 USD Million Dec/19
Vietnam 501.53 471.37 USD Million Dec/19
Philippines 476.64 544.87 USD Million Dec/19
Thailand 377.02 483.43 USD Million Dec/19
Netherlands 282.68 273.04 USD Million Dec/19
Germany 206.86 186.81 USD Million Dec/19
Italy 178.55 138.36 USD Million Dec/19
Australia 175.68 181.55 USD Million Dec/19
Hong Kong 170.53 168.58 USD Million Dec/19
Spain 149.66 111.52 USD Million Dec/19
United Kingdom 104.81 97.35 USD Million Dec/19
France 93.96 92.01 USD Million Dec/19
Canada 73.36 63.66 USD Million Dec/19
Cambodia 57.99 60.45 USD Million Dec/19
Greece 15.22 19.52 USD Million Dec/19
Denmark 14.47 15.39 USD Million Dec/19
Sweden 13.98 12.22 USD Million Dec/19
Indonesia Exports by Category Last Previous
Oil & Gas 696.90 732.10 USD Million Jul/21

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