Indonesia with a total population of around 270 million and a land area of 1.90 million square kilometers records itself as the fourth most populous country in the world. The country’s rich history was framed and influenced by different colonial powers and empires of different periods like the Srivijaya Empire, the Majapahit Empire in the 1st to 14th centuries, and the Islamic and the European Conquistadors between the 13th to 20th centuries. The influential economy of the nation heavily relies on its wide range of exports for the growing global trade rate of the country; the top exports include natural resources like coal, palm oil, and rubber.

The growing export trade rate of the Indonesian economy is heavily reliant on different factors like the abundance of natural resources in its land area supporting minerals and energy exports of top products including palm oil, nickel, and iron ore, another contributing factor is the regional diversity of export that is the manufacturing growth of different industrial, agricultural and mechanical goods as per the globally acquired necessity. All these attributing factors along with the inclusive government reforms have recorded a GDP of 1.40 trillion US dollars in 2023 with an export trade value of 380 billion US dollars.

Top 10 Indonesian Exports

According to the Indonesia Export Data, the top 10 products that the country has exported in the year 2023 with its valuations of exports are discussed below,

• Mineral Fuels – Export trade value of Indonesian Mineral Fuels exports in 2023 – 50 billion US dollars.

• Animals or Vegetable Fats – Export trade value of Indonesian Animals or Vegetable Fats exports in 2023 – 45 billion US dollars.

• Ores and Slag – Export trade value of Indonesian Ores and Slag exports in 2023 – 38 billion US dollars.

• Electrical Machinery – Export trade value of Indonesian Electrical Machinery exports in 2023 – 32 billion US dollars.

• Rubber – Export trade value of Indonesian Rubber exports in 2023 – 27 billion US dollars.

• Clothing and Textiles – Export trade value of Indonesian Clothing and Textiles exports in 2023 – 20 billion US dollars.

• Machinery and Mechanical Appliances – Export trade value of Indonesian Machinery and Mechanical Appliances exports in 2023 – 18 billion US dollars.

• Vehicles – Export trade value of Indonesian Vehicles exports in 2023 – 15 billion US dollars.

• Iron and Steel – Export trade value of Indonesian Iron and Steel exports in 2023 – 10 billion US dollars.

• Fish and Seafood Products – Export trade value of Indonesian Fish and Seafood products exports in 2023 – 9 billion US dollars.

Top Export Trade Partners of Indonesia in 2023

The Indonesian economy is mostly dependent on the export of its top production for a significant growth rate in its economy. As per the Indonesia Trade Data, the top 10 export partners of the nation in 2023 are discussed below,

• China – As per the China Import Data, the valuation of exports from Indonesia to China in 2023 – 38 billion US dollars

Top Indonesian Exports to China

1. Nickel Ore
2. Coal
3. Palm Oil and Derivatives
4. Natural Gas
5. Copper

• Japan – As per the Japan Import Data, the valuation of exports from Indonesia to Japan in 2023 – 30 billion US dollars.

Top Indonesian Exports to Japan

1. Liquefied Natural Gas
2. Coal
3. Automotive Components
4. Textiles and Garments
5. Wood Products

• United States – As per the USA Import Data, the valuation of exports from Indonesia to the United States in 2023 – 27 billion US dollars.

Top Indonesian Exports to the United States

1. Textiles and Apparel
2. Rubber Products
3. Electrical Machinery and Equipment
4. Footwear
5. Furniture

• India – As per the India Import Data, the valuation of exports from Indonesia to India in 2023 – 25 billion US dollars.

Top Indonesian Exports to India

1. Coal
2. Palm Oil
3. Natural Rubber
4. Copper and Metal Ores
5. Pulp and Paper

• Singapore – As per the Singapore Import Data, the valuation of exports from Indonesia to Singapore in 2023 – 23 billion US dollars.

Top Indonesian Exports to Singapore

1. Refined Petroleum Products
2. Natural Gas
3. Electrical Machinery and Equipment
4. Agricultural goods
5. Coal

• South Korea – As per the South Korea Import Data, the valuation of exports from Indonesia to South Korea in 2023 – 20 billion US dollars.

Top Indonesian Exports to South Korea

1. Coal
2. Crude Oil
3. Automotive Products
4. Machinery
5. Textiles

• Malaysia – As per the Malaysia Import Data, the valuation of exports from Indonesia to Malaysia in 2023 – 18 billion US dollars.

Top Indonesian Exports to Malaysia

1. Petroleum products
2. Automotive Parts
3. Vehicles
4. Coal
5. Metallic ores

• Thailand – As per the Thailand Import Data, the valuation of exports from Indonesia to Thailand in 2023 – 16 billion US dollars.

Top Indonesian Exports to Thailand

1. Palm Oil
2. Coal
3. Rubber Products
4. Textiles and Garments
5. Furniture and Beddings

• Netherlands – As per the Netherlands Import Data, the valuation of exports from Indonesia to the Netherlands in 2023 – 12 billion US dollars.

Top Indonesian Exports to Netherlands

1. Agricultural goods
2. Vehicles
3. Staple food products
4. Luxury goods
5. Metallic ores

• Philippines – As per the Philippines Import Data, the valuation of exports from Indonesia to the Philippines in 2023 – 10 billion US dollars.

Top Indonesian Exports to Philippines

1. Palm oil
2. Coal
3. Vehicle parts
4. Essential mineral oils
5. Furniture and Beddings

Export Trade Statistics of Indonesian Exports for the Last 10 Years

Export Trade value of Indonesia in 2013 – 126 billion US dollars
Export Trade value of Indonesia in 2014 - 150 billion US dollars
Export Trade value of Indonesia in 2015 – 182 billion US dollars
Export Trade value of Indonesia in 2016 – 176 billion US dollars
Export Trade value of Indonesia in 2017 – 186 billion US dollars
Export Trade value of Indonesia in 2018 – 190 billion US dollars
Export Trade value of Indonesia in 2019 – 210 billion US dollars
Export Trade value of Indonesia in 2020 - 200 billion US dollars
Export Trade value of Indonesia in 2021 - 250 billion US dollars
Export Trade value of Indonesia in 2022 - 280 billion US dollars

FAQ’s

Que. Who is the top export trade partner of Indonesia in 2023?
Ans. China is the top export trade partner of Indonesia in 2023.

Que. Where can you get a detailed trade analysis of Indonesian exports in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of Indonesian exports in 2023.

Que. What is the export trade value of Indonesia in 2023?
Ans. The export trade value of Indonesia in 2023 is 380 billion US dollars.

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