Imports to Indonesia jumped 25.73% yoy to USD 16.79 billion in March 2021, easily beating market estimated of a 6% gain and after a 14.86% growth a month earlier. This was the second straight month of growth in inbound shipments and the fastest pace since July 2018, amid strengthening domestic demand ahead of the fasting month of Ramadhan and as the COVID-19 vaccination program in the country run smoothly. Purchases of non-oil and gas soared 23.52 percent to USD 4.51 billion; and those of oil and gas imports climbed 41.87 percent to USD 2.28 billion, driven by crude oil (37.62 percent), oil products (47.59 percent), and gas (31.73 percent). Considering the first three months of the year, arrival grew by 10.76 percent from the same period of 2020. source: Statistics Indonesia
Imports in Indonesia averaged 3931.35 USD Million from 1959 until 2021, 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 April of 2021.
Imports in Indonesia is expected to be 13100.00 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 13700.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 14000.00 USD Million in 2022, according to our econometric models.