Indonesia Imports

Imports to Indonesia tumbled 15.60 percent year-on-year to USD 14.20 billion in August 2019, compared to market expectations of a 12.9 percent fall and after a marginally revised 15.19 percent decrease in the previous month. Oil and gas imports slumped 46.47 percent to USD 1.63 billion led by crude oil (-56.08 percent), while purchases of non-oil and gas dropped 8.77 percent to USD 12.56 billion. Imports in Indonesia averaged 3699.04 USD Million from 1959 until 2019, reaching an all time high of 18297.15 USD Million in July of 2018 and a record low of 21 USD Million in September of 1959.

Imports in Indonesia is expected to be 13200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Indonesia to stand at 11200.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 17500.00 USD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-06-24	04:00 AM	Imports YoY May	-17.71%	-4.72%	-13.9%
2019-07-15	04:00 AM	Imports YoY Jun	2.8%	-17.30%	-5%
2019-08-15	04:00 AM	Imports YoY Jul	-15.21%	2%	-18.12%	-3.90%
2019-09-16	04:00 AM	Imports YoY Aug	-15.60%	-15.19%	-12.9%

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	106.44	105.69	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	1483792.00	1454141.00	1547231.00	548821.00		[+]
Gold Reserves	78.54	78.50	96.45	73.09	Tonnes	[+]
Crude Oil Production	756.00	704.00	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	[+]

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Indonesia Imports

From 2004 to 2012, imports to Indonesia tripled, as large portion of the population entered middle-class and propelled higher purchases of oil and consumption goods. However, starting in mid-2013, imports have been declining due to low commodity prices and weak domestic consumption and investment. Main imports products are: oil and gas (around 17 percent of total imports), nuclear reactions, boilers, mechanical appliances (19 percent); iron and steel (5.4 percent), organic chemical materials (4.8 percent) and vehicles (4.5 percent). Main import partners are: China (25 percent of the total imports), Japan (11 percent), Singapore (7.6 percent), Thailand (6.8 percent) and the United States (6.4 percent). This page provides the latest reported value for - Indonesia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Imports - actual data, historical chart and calendar of releases - was last updated on September of 2019.