As one of the largest economies in the world, Indonesia stands out as a major player in international trade and commerce. In 2022, it is projected to become one of the top importers in the world, with an estimated import rank of 15th. This reflects the growth of its economy and increasing demand for goods and services.
As a major importer, Indonesia's GDP (Gross Domestic Product) is closely linked to its import activities. The country's GDP growth rate is projected to reach 5.3% in 2022, making it one of the fastest-growing economies in the world.
With an estimated population of over 274 million people in 2020, Indonesia is the fourth most populous country globally and continues to see steady population growth. In fact, it is projected that by 2030, Indonesia will have a population of over 300 million people.
Currently, crude oil, electronic equipment, iron ore, refined petroleum products are some of Indonesia's top importing products. However, with advancements in technology and shifting consumer preferences towards sustainability and eco-friendliness, there may be changes in these top importing products by 2022.