Indonesia Imports

Imports to Indonesia declined unexpectedly by 13.98 percent year-on-year in February 2019, missing market expectations of a 0.3 percent growth and following an upwardly revised 2.1 percent fall in the previous month. It was the steepest decline since June 2017, amid efforts from the government to reduce imports to manage the country's current account deficit. Purchases of oil and gas tumbled 30.53 percent from a year earlier to USD 1.55 billion, and those of non-oil and gas shrank 10.89 percent to USD 10.65 billion. Imports in Indonesia averaged 3612.53 USD Million from 1959 until 2019, reaching an all time high of 18297.10 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 15100.00 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 15800.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 16200.00 USD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus
2018-09-17	04:00 AM	Imports YoY	24.65%	31.73%	26.53%
2018-10-15	04:00 AM	Imports YoY	14.18%	24.49%	24.76%
2018-11-15	04:00 AM	Imports YoY	23.66%	14.25%	9.2%
2018-12-17	04:00 AM	Imports YoY	11.68%	24.0%	10.5%

Indonesia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	329.50	-1063.50	4641.92	-2329.13	USD Million	[+]
Current Account	-9148.00	-8625.00	3795.00	-10125.60	USD Million	[+]
Current Account to GDP	-3.00	-1.60	4.80	-6.80	percent	[+]
Imports	12202.10	14991.40	18297.10	21.00	USD Million	[+]
Exports	12531.60	13927.90	18647.83	30.00	USD Million	[+]
External Debt	376839.29	359793.63	376839.29	119594.10	USD Million	[+]
Terms of Trade	104.81	104.24	117.70	77.43	Index Points	[+]
Foreign Direct Investment	99.00	89.10	112.00	35.40	IDR Trillion	[+]
Remittances	2711.00	2802.00	2802.00	1202.00	USD Million	[+]
Tourist Arrivals	1158162.00	1405536.00	1536489.00	548821.00		[+]
Gold Reserves	78.50	78.50	96.45	73.09	Tonnes	[+]
Crude Oil Production	747.00	777.00	1720.00	747.00	BBL/D/1K	[+]
Terrorism Index	4.54	4.55	6.55	3.92		[+]
Weapons Sales	102.00	94.00	102.00	1.00	USD Million	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

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 March of 2019.