Imports to Indonesia jumped 51.06 percent year-on-year to USD 16.29 billion in October 2021, compared with market consensus of 56.06 percent and after a 40.31 percent growth a month earlier. This was the ninth straight month of growth in inbound shipments, amid strong domestic demand following an easing of COVID-19 restrictions and increasing vaccination levels. Purchases of non-oil and gas climbed 48.29 percent to USD 14.40 billion; and those of oil and gas imports soared 75.94 percent to USD 1.90 billion, driven by crude oil (11.63 percent), oil products (89.39 percent), and gas (106.10 percent). Considering the first ten months of the year, arrivals surged 35.86 percent from the same period of 2020 to USD 155.51 billion. source: Statistics Indonesia

Imports YoY in Indonesia averaged 14.65 percent from 1960 until 2021, reaching an all time high of 143.70 percent in January of 1975 and a record low of -66 percent in January of 1966. This page includes a chart with historical data for Indonesia Imports YoY. Indonesia Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

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Indonesia Imports YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-15 02:00 AM Sep 40.31% 55.26% 50%
2021-11-15 04:00 AM Oct 51.06% 40.31% 56.06%
2021-12-15 04:00 AM Nov 51.06%


News Stream
Indonesia Import Growth Quickens
Imports to Indonesia jumped 51.06 percent year-on-year to USD 16.29 billion in October 2021, compared with market consensus of 56.06 percent and after a 40.31 percent growth a month earlier. This was the ninth straight month of growth in inbound shipments, amid strong domestic demand following an easing of COVID-19 restrictions and increasing vaccination levels. Purchases of non-oil and gas climbed 48.29 percent to USD 14.40 billion; and those of oil and gas imports soared 75.94 percent to USD 1.90 billion, driven by crude oil (11.63 percent), oil products (89.39 percent), and gas (106.10 percent). Considering the first ten months of the year, arrivals surged 35.86 percent from the same period of 2020 to USD 155.51 billion.
2021-11-15
Indonesia Imports Grow Less than Estimated
Imports to Indonesia expanded 40.31 percent year-on-year to USD 16.23 billion in September 2021, compared with market consensus of 50 percent and after a 55.26 percent surge a month earlier. This was the eighth straight month of growth in inbound shipments, as domestic demand continued to rise robustly following an easing of COVID-19 restrictions and rising vaccination levels. Purchases of non-oil and gas grew by 38.18 percent to USD 14.37 billion; and those of oil and gas imports climbed 59.15 percent to USD 2.05 billion, driven by crude oil (80.11 percent), oil products (42.12 percent), and gas (93.38 percent). Considering the first nine months of the year, arrivals surged 34.27 percent from the same period of 2020 to USD 139.21 billion.
2021-10-15
Indonesia Import Growth Accelerates
Imports to Indonesia surged 55.26 percent year-on-year to USD 16.68 billion in August 2021, exceeding market expectations of 45.1 percent growth and after a marginally revised 44.38% rise a month earlier. This was the seventh straight month of expansion in inbound shipments, amid robust domestic demand following an easing of COVID-19 restrictions as vaccinations gained pace across the country. Purchases of non-oil and gas soared 49.39 percent to USD 14.63 billion; and those of oil and gas imports climbed 115.75 percent to USD 2.05 billion, driven by crude oil (177.37 percent), oil products (94.48 percent), and gas (106.42 percent). Considering the first eight months of the year, arrival surged 33.36 percent from the same period of 2020.
2021-09-15

Indonesia Imports YoY
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 822.91 924.25 USD Million Jul/21
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