Indonesia is the leading fastest-growing economies, it has the strongest export trade in the world that highly contributes to its GDP.

What Are The Top 10 Exporting Products From Indonesia In 2023?

According to the Indonesia Export Data, the top 10 exporting products that considered as the top performers, both in the total value of export and demand in the global market.

1. Palm Oil - Indonesia is the world's largest producer and exporter of palm oil, with an estimated share of 50% in global palm oil production. In 2023, palm oil accounted for over $23 billion in export revenue for Indonesia.

Que. What is the HS Code of Palm Oil?
Ans. The HS Code classification of Palm oil, HS CODE- 15, 1511 and more

2. Coal - As one of the world's top coal producers, Indonesia exported around $14 billion worth of coal last year. This was mainly due to high demand from China and India for energy purposes.

Que. What is the HS Code of Coal?
Ans. The HS Code classification of Coal, HS CODE- 27, 2701 and more

3. Natural Gas - With ample reserves and growing demand from neighboring countries like Singapore and Japan, natural gas has become another top export product for Indonesia. Last year alone, it generated nearly $12 billion in export revenue.

Que. What is the HS Code of Natural Gas?
Ans. The HS Code classification of Natural Gas, HS CODE- 27, 2711 and more

4. Crude Petroleum - Another significant contributor to Indonesia's export revenue is crude petroleum, which brought in approximately $11 billion last year.

Que. What is the HS Code of Crude Petroleum?
Ans. The HS Code classification of Crude Petroleum HS CODE- 27, 2709 and more

5. Refined Copper - The mining sector plays a crucial role in Indonesia's economy, with refined copper being one of its most valuable exports at a value of over $6 billion.

Que. What is the HS Code of Refined Copper?
Ans. The HS Code classification of Refined CopperHS CODE- 74, 7411, 7410,7412 and more

6. Rubber - With large rubber plantations across the country, Indonesia is also among the top exporters of natural rubber globally. In 2023 alone, it earned around $5 billion from exporting this commodity.

Que. What is the HS Code of Rubber?
Ans. The HS Code classification of Rubber HS CODE- 40, 4011, 4012, 4013 and more

7. Gold - Although not traditionally associated with gold production or trade, Indonesia has seen a surge in gold exports recently due to increased mining activities and rising global prices. It generated over $4 billion through gold exports last year.

Que. What is the HS Code of Gold?
Ans. The HS Code classification of Gold HS CODE- 71, 7113, 7108 and more

8. Cars- The automotive industry has been on an upward trajectory in recent years; thus, it is no surprise that cars are among Indonesia's top exports. In 2023, the country exported cars worth over $4 billion.

Que. What is the HS Code of Cars?
Ans. The HS Code classification of Cars HS CODE- 87, 8703 and more

9. Textiles - The textile industry has been a significant contributor to Indonesia's GDP and export revenue for decades. In 2023, textiles brought in around $4 billion in export earnings.

Que. What is the HS Code of Textiles?
Ans. The HS Code classification of Textiles HS CODE- 59, 5911, 5903 and more

10. Jewelry - With a long history of crafting beautiful and intricate jewelry, Indonesia exported over $3 billion worth of gold and silver jewelry in 2023.

Que. What is the HS Code of gold and silver jewelry?
Ans. The HS Code classification of Silver and Gold Jewellery HS CODE- 71, 7113 and more

Indonesia's Top 10 Export Destinations Of 2023?

1. China: With a value of USD 36 billion, China remains the largest export destination for Indonesia. This can be attributed to the strong trade partnership between both countries and China's growing demand for raw materials such as coal, palm oil, rubber, and copper from Indonesia.

2. United States: Coming in at second place is the United States with a total export value of USD 24 billion. The US is a major importer of Indonesian textiles and footwear products, along with petroleum-based products such as crude oil and natural gas.

3. Japan: Japan has always been one of Indonesia's key trading partners since establishing diplomatic ties in 1958. In 2023, it imported goods worth USD 18 billion from Indonesia, including mineral fuels like coal and oils.

4. India: With an export value of USD 13 billion last year, India is another important destination for Indonesian exports. India mainly imports coal from Indonesia to meet its energy demands.

5. Singapore: Despite being a small country geographically, Singapore plays a significant role in driving Indonesia's economy through its importation of various goods worth around USD 11 billion annually.

6. South Korea: South Korea has emerged as one of the fastest-growing markets for Indonesian exports due to its high demand for mineral fuels, textiles, and footwear. In 2023, it imported goods worth USD 10 billion from Indonesia.

7. Thailand: Thailand has a strong demand for Indonesian agricultural products such as palm oil and rubber, making it one of the top export destinations with a value of USD 9 billion.

8. Vietnam: With a rapidly growing economy, Vietnam has become an important destination for Indonesian exports in recent years. Its imports from Indonesia in 2023 were valued at USD 8 billion.

9. Malaysia: As neighboring countries, Indonesia and Malaysia share strong economic ties, with Malaysia importing various goods such as coal and mineral fuels worth USD 7 billion from Indonesia last year.

10. Philippines: Despite facing challenges due to the pandemic, the Philippines remained one of Indonesia's top export destinations with a value of USD 6 billion in 2023. The main products exported to the Philippines include crude oils and palm oil-based products.

Frequently Asked Questions

Que. How can you get more information about Indonesia export data?
Ans. Subscribe to Import Globals and have access of Historical and Current Indonesia Export Shipment data.

Que. How Indonesia Export data is beneficial for businesses?
Ans. Having access of real-time and reliable trade shipments of Indonesia Export one can stay updated with the latest export trends and latest pattern of the market.

Que. What information contains in Indonesia Export Statistics?
Ans. All necessary information is available in Indonesia data such as Exporters company names, Foreign Importers company name, CIF, FOB Values, Quantity, Weight, Port of Destination, Destination country, HS Code, Product description etc.

Que. What is the top exporting product from Indonesia?
Ans. Palm Oil is the highest exporting product from Indonesia. The country alone produces almost 50% of Palm oil in the world.

Que. What is top export destination from Indonesia?
Ans. China is the top export destination from Indonesia.

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