Indonesia Export Data
28-Mar-2024
Indonesia, known for its rich natural resources and strategic location, is a key player in the global export market. As the world's fourth most populated country, Indonesia has a thriving economy that benefits greatly from its plentiful natural resources and various export goods.
As per Indonesia export data, Indonesia's exports reached a historic high of US$ 26.5 billion in March 2022. What are the primary goods that drive Indonesia's export performance? In this blog, we will take a closer look at major exports of Indonesia, highlighting key commodities that drive the country's economy.
Did you know? Indonesia top exports have played a minor role in the global economy since the mid-twentieth century. Its relevance has been far less than its size, resources, and geographical location.
However, Indonesia top exports are crude oil and natural gas. In addition, Indonesia is a major producer of rubber, coffee, cocoa, and palm oil, as well as sugar, tea, tobacco, copra, and spices (for example, cloves).
Large estates account for nearly all commodities output. Widespread exploration of oil and mineral reserves has resulted in several large-scale projects that have made significant contributions to overall development finances.
Point to remember: As per Indonesia export data, Indonesia's Exports reach $258.82 billion in 2023!
According to Indonesia Export Data, Indonesia's exports fell 11.33 percent in 2023, even if the decline in December was smaller than predicted due to lower global commodity prices. In total, exports hit $258.82 billion in 2023, down from $291.9 billion the previous year.
Shipments in December decreased 5.76 percent year on year to $22.41 billion, less than the 8.1 percent drop predicted in a Reuters survey of economists.
Prices for Indonesia's primary commodities, such as coal, palm oil, and nickel, fell last year as global economic development slowed.
Let’s explore the Indonesia export products list in table format!
| S.No | Indonesia top exports | Indonesia Export Data |
| 1 | Palm Oil | $46 million |
| 2 | Paper Products | $4.22 billion |
| 3 | Coffee | $9.4 million |
| 4 | Cocoa | $0.4 million |
| 5 | Rubber | $3.2 million |
| 6 | Textiles | $3 billion |
| 7 | Shrimp | $3.8 billion |
| 8 | Footwear | $6.17 billion |
| 9 | Electronics | $3.16 billion |
| 10 | Natural Gas | $75.0 billion |
Now, look at the major exports of Indonesia in brief!
Major exports of Indonesia: Look at the top 10 Commodities
Indonesia's competitiveness in the export market stems from the variety of commodities available. Indonesia top exports, a mix of plentiful natural resources and manufactured commodities, include a varied range of products across many categories, making it an appealing destination for global purchasers. To provide a comprehensive perspective of Indonesia's export market, we have created a list of the main export of indonesia such as:
Palm oil is a main export of Indonesia and a versatile substance with use in a variety of industries, including food, cosmetics, and biofuels. The country's tropical environment and huge plantations make it an ideal location for producing palm oil.
As the world's top palm oil producer, Indonesia exports over 46 million tonnes of crude palm oil each year. This commodity is flexible and in great demand in a variety of industries, including food and biofuels.
Indonesia is a major producer and exporter of paper products, including pulp, paper, and cardboard. Paper is shipped to nations including China, Japan, Vietnam, Malaysia, and the Philippines for a total of around $4.22 billion.
However, Pulp exports are also significant, valued at US$3.28 billion and sent to countries such as China, Korea, India, Bangladesh, and Vietnam.
Indonesia produces 9.4 million bags (60 kg/bag) each year, accounting for 6.6% of the global coffee market. Indonesian coffee is in high demand around the world due to its rich history and different coffee-growing regions (Java, Sumatra, and Sulawesi).
Coffee export destinations include China, Thailand, Japan, and the United States, among others. Indonesian coffee is also known as a fair trade commodity, which means that it is traded in a way that protects farmers' rights and the environment.
Cocoa is the primary basic element for chocolate production. Indonesia is one of the world's top cocoa producers, after Ivory Coast and Ghana.
As one of the world's largest cocoa producers (third overall), Indonesia is critical to the worldwide chocolate industry. Producing 0.48 million tonnes per year, the country accounts for 12.2% of global cocoa production.
Indonesia is a major producer and exporter of natural rubber, which is utilized in a variety of industries such as automobiles, construction, and healthcare.
Indonesia is one of the world's largest natural rubber producers, producing 3.2 million tonnes and accounting for 26.7% of global production. This crucial commodity is used in a variety of industries, including automobiles, buildings, and manufacturing.
Textiles are an Indonesian export item that is quickly expanding in the industrial sector. Textiles comprise a variety of things, such as fabrics, garments, purses, and shoes, with a projected export value of around $3 billion in 2022. Indonesia has a well-established textile sector that manufactures a variety of clothing products, textiles, and yarn.
It is one of Indonesia's key export commodities, particularly in the fishery sector. Shrimp is popular in many nations, including Japan, Hong Kong, China, Singapore, England, and others. Indonesia has a robust aquaculture business, with shrimp being a key export product, particularly to wealthy countries. Indonesia's export value of prawns and fisheries goods in 2022 reached $3.8 billion.
Footwear is a main export of Indonesia and a valuable Indonesian export item with significant industrial applications. Indonesian footwear is famous among consumers all over the world due to its competitive quality and low pricing.
From athletic shoes to elegant sandals, Indonesian footwear is in high demand around the world, with yearly exports of over US$6.17 billion compared to the import value of foreign-produced footwear, which is estimated to be around US$732.23 million.
Electronics are an Indonesian export product with considerable industrial value. Indonesia is rising as a major exporter of electronics, particularly consumer electronics and components. Also, Indonesia's electronics sector produces various electronic components and electrical equipment, with an anticipated export value of $3.16 billion in 2022.
However, Indonesia's electronics export destinations include Japan, Taiwan, South Korea, China, Malaysia, Hong Kong, Australia, Singapore, Thailand, Vietnam, Germany, the Netherlands, Italy, Belgium, Poland, the United States, and England.
Indonesia is a large natural gas exporter, or main export of Indonesia, having vast offshore deposits. Natural gas is an important energy source for many countries, and Indonesia's exports help meet worldwide demand.
Indonesia's natural gas production is at 75.0 billion m3, representing 2.1% of global output. The country's enormous reserves and strategic location make it a key player in the global natural gas industry.
So, these are Indonesia top exports, or main exports of Indonesia. However, if you have any questions or need an updated list of Indonesia top exports, Indonesia's top exporters list, or Indonesia trade data. In that case, you can visit our website, IndonesiaTradeData.com, and explore the global market insights.
To summarize, Indonesia's vast spectrum of exports demonstrates its importance in the global economy. The country's abundant natural resources, strategic location, and competitive sectors have made it a prominent player in the global export market. As Indonesia expands its export capacities, it is expected to play a major role in global trade.
Looking at Indonesia export data?
Visit IndonesiaTradeData.com and use the real-time Indonesia export database. We provide Indonesian import and export data, including HS codes. So, if you require any assistance with major exports of Indonesia, HS code, or Indonesian export data, contact our experts immediately and explore the global market without any hassle.
