The country is rich in cultural ethnicity with a plethora of landscapes and culture along with the residency of 300 ethnic groups within its land area. The country has been considered one of the globally emerging nations with the majority of its economic growth reliable on the imports and exports trade products. A maximum of the Indonesian exports are transported through the two main ports of the nation namely Tanjung Pirok in Jakarta and Tanjung Perak in Surabaya.

The economic volatility of the Indonesian trade in the global market along with the continuous efforts from the government authorities in building its ports and developing trade rates has led to a GDP of 1.2 trillion US dollars in 2023 and; an agricultural trade share of 14% accompanied by the finance and tourism sectors. The rising population and the growing demands of the nation have led to an import trade value of 188 billion US dollars in 2023 with a growth rate of 7.8% from the previous years.

Summary of Indonesia Import Trade Statistics

The Indonesia Shipment Data enlists the following factors as the key insights of the Indonesian imports in 2023.

1. Global Import Rank of Indonesia – 23rdlargest importer
2. Total Valuation of Imports – 188 billion US dollars
3. Largest Segment of Imports – Mineral Fuels
4. Growth Rate of Indonesia Import Trade – 7.8% CAGR
5. Biggest Import Partner – China
6. Top importing Company - PT Pertamina

Top 10 Imports of Indonesia

The trade management authorities of Indonesia have been evolving their trade regulations in a continuous manner from the previous decades for domestic economic stability. As per the details of the Indonesia Import Data, the top 10 imported products of the nation in 2023 with their trade values are discussed below,

• Mineral Fuels – Valuation of Mineral Fuels imports in Indonesia 2023 – 40 billion US dollars.

• Machinery and Mechanical appliances – Valuation of Machinery and Mechanical appliances imports in Indonesia 2023 – 28 billion US dollars.

• Electrical Machinery and Equipment – Valuation of Electrical Machinery and Equipment imports in Indonesia 2023 – 20 billion US dollars.

• Iron and Steel – Valuation of Iron and Steel imports in Indonesia 2023 – 15 billion US dollars.

• Plastics – Valuation of Plastics imports in Indonesia 2023 – 12 billion US dollars.

• Organic Chemicals – Valuation of Organic Chemicals imports in Indonesia 2023 – 11 billion US dollars.

• Vehicles – Valuation of Vehicles imports in Indonesia 2023 – 10 billion US dollars.

• Optical and Medical Equipment – Valuation of Optical and Medical Equipment imports in Indonesia 2023 – 9 billion US dollars.

• Cereals – Valuation of Cereals imports in Indonesia 2023 – 8 billion US dollars.

• Pharmaceuticals – Valuation of Pharmaceuticals imports in Indonesia 2023 – 7 billion US dollars.

Top 10 Import Trade Partners of Indonesia 2023

To generate a higher rate of exports and to boost the manufacturing sector, the country has been importing its domestic necessities from different traders across the globe for a favorable revenue generation. As per the Indonesia Trade Data, the top 10 import trade partners of the nation in 2023 with its trade values are discussed below,

• China – Valuation of import trades from China in Indonesia 2023 – 47 billion US dollars.

• Singapore – Valuation of import trades from Singapore in Indonesia 2023 – 21 billion US dollars.

• Japan – Valuation of import trades from Japan in Indonesia 2023 – 15 billion US dollars.

• Thailand – Valuation of import trades from Thailand in Indonesia 2023 – 13 billion US dollars.

• United States – Valuation of import trades from the United States in Indonesia 2023 – 12 billion US dollars.

• Malaysia – Valuation of import trades from Malaysia in Indonesia 2023 – 11 billion US dollars.

• South Korea – Valuation of import trades from South Korea in Indonesia 2023 – 10 billion US dollars.

• Australia – Valuation of import trades from Australia in Indonesia 2023 – 9 billion US dollars.

• India – Valuation of import trades from India in Indonesia 2023 – 8 billion US dollars.

• Germany – Valuation of import trades from Germany in Indonesia 2023 – 6 billion US dollars.

The Indonesia Import Customs Shipment Data enlists the below-mentioned companies as the top importing companies of the nation. The valuation of the trade products in 2023 is discussed below,

• PT Pertamina – Valuation of imports from PT Pertamina in 2023 – 50 billion US dollars.

• PT PLN – Valuation of imports from PT PLN in 2023 – 37 billion US dollars.

• PT HM Sampoerna – Valuation of imports from PT HM Sampoerna in 2023 – 28 billion US dollars.

• PT Unilever Indonesia – Valuation of imports from PT Unilever Indonesia in 2023 – 15 billion US dollars.

• PT Indofood Sukses Makmur – Valuation of imports from PT Indofood Sukses Makmur in 2023 – 10 billion US dollars.

• PT Toyota Motor Manufacturing Indonesia – Valuation of imports from PT Toyota Motor Manufacturing Indonesia in 2023 – 9 billion US dollars.

• PT Chevron Pacific Indonesia – Valuation of imports from PT Chevron Pacific Indonesia in 2023 – 8 billion US dollars.

• PT Indo Tambangraya Megah Tbk – Valuation of imports from PT Indo Tambangraya Megah Tbk in 2023 – 7 billion US dollars.

• PT Astra International Tbk – Valuation of imports from PT Astra International Tbk in 2023 – 5 billion US dollars.

• PT Freeport Indonesia – Valuation of imports from PT Freeport Indonesia in 2023 – 4 billion US dollars.

FAQ’s

Que. What is the import trade value of Indonesia in 2023?
Ans. The import trade value of Indonesia in 2023 is 188 billion US dollars.

Que. Who will be the top importing company in Indonesia in 2023?
Ans. The top importing company in Indonesia 2023 is PT Pertamina.

Que. Where can you get a detailed trade analysis of Indonesia in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of Indonesia 2023 with trade values.

www.importglobals.com ; info@importglobals.com