Southeast Asia and Oceania, which spans the equator between the Indian and Pacific Oceans, is home to Indonesia, the biggest archipelago in the world. It borders Malaysia, East Timor, and Papua New Guinea on land. The capital and economic hub is Jakarta, which is located on the island of Java. Indonesia is expected to have a GDP of USD 1.62 trillion by 2024, securing its place as a significant emerging market in the Asia-Pacific region. As per Indonesia export data, Indonesia continues to be a major exporter of manufactured goods, agricultural products, and raw resources, ranking 29th in the world in terms of exports. As per Indonesia Customs Data, china is the biggest importer of Indonesian goods, especially commodities like coal, palm oil, and minerals, according to the most current data on international trade.
According to Indonesia Export Data, coal is Indonesia's top export, with total exports expected to reach USD 275 billion in 2024. As per Indonesia trade data, due to its advantageous position, abundant natural resources, and expanding industrial base, Indonesia has established robust trading ties with major economies. The nation's export capabilities are further strengthened by its trade-friendly laws, many free trade agreements, and investments in port infrastructure.