What is the major exports of Indonesia?

What are the top 5 exports of Indonesia?

Exports The top exports of Indonesia are Coal Briquettes ($20.3B), Palm Oil ($15.3B), Petroleum Gas ($8.32B), Cars ($4.52B), and Gold ($4.01B), exporting mostly to China ($28.6B), United States ($19.2B), Japan ($16.8B), Singapore ($14.6B), and India ($13.6B).

What are Indonesia’s major imports and exports?

Indonesia has generous natural resources, including crude oil, natural gas, tin, copper, and gold. Its key imports include machinery and equipment, chemicals, fuels, and foodstuffs. Major exports include oil and gas, electrical appliances, plywood, rubber and textiles.

Does Indonesia export or import more?

With yearly product exports of $197 billion, Indonesia is currently ranked the 28th largest export economy in the world. The country boasts a positive trade balance of $17 billion after deducting annual imports of $180 billion from their total export value.

What does Indonesia produce the most?

The major food crops, ranked by area harvested, are rice, corn, cassava, soybeans and peanuts. Indonesia is also one of the world’s largest producers and exporters of tree crops such as rubber, copra, palm kernels, palm oil, coffee, cocoa and spices (Ministry of Agriculture, 2001).

What product is Indonesia known for?

The products Indonesia is best known for are rubber, oil, palm oil, seafood and forest products, cocoa, coffee, medicinal herbs, and spices.

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What is Vietnam’s main export?

Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent). Others include: computers and electrical products (12 percent); shoes and footwear (7 percent) and machinery, instruments and accessories (6 percent).

What Indonesia exports to Japan?

Indonesia-Japan In 2019, Indonesia exported $16.8B to Japan. The main products that Indonesia exported to Japan are Coal Briquettes ($2.48B), Petroleum Gas ($2.07B), and Insulated Wire ($928M).

Who exports oil from Indonesia?

In 2020, the total value of crude oil exports from Indonesia reached approximately 1.4 billion U.S. dollars, indicating a decrease in comparison to the previous year. Thailand, Singapore and China were the top three export destinations for crude petroleum oil in terms of value in 2020.

Who is Indonesia’s biggest trading partner?

Indonesia top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 27,962 16.68
United States 17,874 10.66
Japan 16,003 9.54
Singapore 12,917 7.70

How much does Indonesia export?

Overall Exports and Imports for Indonesia 2019

The total value of exports (FOB) is US$ 167,683 million. The total value of imports (CIF) is US$ 171,276 million. At the HS6 digit level, 3,983 products are exported to 215 countries and 4,433 products are imported from 227 countries.

Does Indonesia trade with us?

Economic and Trade Statistics

Indonesia is currently our 24th largest goods trading partner with $27.6 billion in total (two way) goods trade during 2020. Goods exports totaled $7.4 billion; goods imports totaled $20.2 billion. The U.S. goods trade deficit with Indonesia was $12.8 billion in 2020.

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