Imports to Indonesia tumbled 24.19 percent year-on-year to USD 10.74 billion in August 2020, compared with market estimates of a 20.58 percent drop and after a marginally revised 32.57 percent plunge in a month earlier, as domestic demand remained subdued, amid the coronavirus pandemic. Purchases of oil and gas imports plunged 41.75 percent to USD 0.95 billion, led by crude oil (-51.91 percent) and oil products (-43.58 percent) while those of non-oil and gas slumped 21.91 percent to USD 9.51 billion. Considering the first eight months of the year, arrivals shrank 18.06 percent compared to the corresponding period of 2019.

Imports in Indonesia averaged 3797.15 USD Million from 1959 until 2020, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Indonesia

Imports in Indonesia is expected to be 13500.00 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 15600.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 15500.00 USD Million in 2021 and 16500.00 USD Million in 2022, according to our econometric models.

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Indonesia Imports

Actual Previous Highest Lowest Dates Unit Frequency
10741.80 10464.30 18297.15 21.00 1959 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-15 04:00 AM May -42.2% -18.60% -24.55%
2020-07-15 04:30 AM Jun -6.36% -42.2% -18.7%
2020-08-18 04:00 AM Jul -32.55% -6.39% -22.48%
2020-09-15 04:00 AM Aug -24.19% -32.57% -20.58%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Indonesia Imports Fall More than Estimated
Imports to Indonesia tumbled 24.19 percent year-on-year to USD 10.74 billion in August 2020, compared with market estimates of a 20.58 percent drop and after a marginally revised 32.57 percent plunge in a month earlier, as domestic demand remained subdued, amid the coronavirus pandemic. Purchases of oil and gas imports plunged 41.75 percent to USD 0.95 billion, led by crude oil (-51.91 percent) and oil products (-43.58 percent) while those of non-oil and gas slumped 21.91 percent to USD 9.51 billion. Considering the first eight months of the year, arrivals shrank 18.06 percent compared to the corresponding period of 2019.
2020-09-15
Indonesia Imports Plunge More than Estimated
Imports to Indonesia tumbled 32.55 percent year-on-year to USD 10.47 billion in July 2020, compared with market estimates of a 22.48 percent drop and after a marginally revised 6.39 percent fall in a month earlier, as domestic demand remained subdued, amid the coronavirus pandemic. Purchases of oil and gas imports plunged 45.19 percent to USD 0.96 billion, led by crude oil (-48.80 percent) and oil products (-49.24 percent) while those of non-oil and gas slumped 30.95 percent to USD 9.51 billion. Considering the first seven months of the year, arrivals shrank 17.17 percent compared to the corresponding period of 2019.
2020-08-18
Indonesia Imports Fall Less than Estimated
Imports to Indonesia dropped 6.36 percent year-on-year to USD 10.76 billion in June 2020, compared with market estimates of an 18.7 percent fall and after a 42.2 percent slump in a month earlier. Purchases of oil and gas imports plunged 60.47 percent to USD 0.68 billion, led by crude oil (-91.19 percent) and oil products (-58.39 percent) while those of non-oil and gas rose 3.12 percent to USD 10.09 billion. Considering the first half of the year, arrivals shrank 14.28 percent compared to the corresponding period of 2019.
2020-07-15
Indonesia Imports Tumble More than Estimated
Imports to Indonesia slumped 42.2 percent year-on-year to USD 8.44 billion in May 2020, compared with market estimates of a 24.55 percent fall and after a marginally revised 18.60 percent plunge in a month earlier. It was the biggest decline in imports since 2009, as coronavirus outbreak deteriorated domestic demand. Purchases of non-oil and gas plunged 37.34 percent to USD 7.78 billion, and those of oil and gas imports tumbled 69.87 percent to USD 0.66 billion, led by crude oil (-81.46 percent) and oil products (-73.96 percent). Considering the first four months of the year, arrivals contracted 15.55 percent compared to the corresponding period of 2019.
2020-06-15

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).
Indonesia Imports by Country Last Previous
Singapore 1525.74 1525.33 USD Million Dec/19
Japan 1088.61 1236.85 USD Million Dec/19
European Union 959.58 748.63 USD Million Jun/20
Malaysia 791.94 734.00 USD Million Dec/19
Thailand 744.14 763.24 USD Million Dec/19
United States 729.09 783.98 USD Million Dec/19
Australia 408.29 671.33 USD Million Dec/19
Vietnam 353.83 323.54 USD Million Dec/19
Germany 296.93 278.03 USD Million Dec/19
Italy 165.06 117.64 USD Million Dec/19
France 113.42 150.81 USD Million Dec/19
Canada 112.69 157.66 USD Million Dec/19
United Kingdom 98.69 98.57 USD Million Dec/19
Philippines 66.51 61.44 USD Million Dec/19
Netherlands 63.23 76.15 USD Million Dec/19
Spain 54.44 48.38 USD Million Dec/19
Finland 41.51 30.40 USD Million Dec/19
Sweden 35.01 40.53 USD Million Dec/19
Denmark 29.34 25.72 USD Million Dec/19
Austria 22.92 25.46 USD Million Dec/19

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