Indonesia Exports

Exports from Indonesia dropped 5.12 percent from a year earlier to USD 15.45 billion in July 2019, better than market consensus of an 11.4 percent decline and after an upwardly revised 9.11 percent fall in the prior month. It was the ninth straight month of decrease in exports, as sales of non-oil and gas products dropped by 6.88 percent to USD 13.85 billion and those of oil and gas jumped by 13.35 percent to USD 1.61 billion. Exports in Indonesia averaged 4461.17 USD Million from 1960 until 2019, reaching an all time high of 18647.83 USD Million in August of 2011 and a record low of 30 USD Million in January of 1961.

Exports in Indonesia is expected to be 13700.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Indonesia to stand at 11900.00 in 12 months time. In the long-term, the Indonesia Exports is projected to trend around 17700.00 USD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-05-15	04:00 AM	Exports YoY Apr	-13.1%	-9.4%	-7.15%
2019-06-24	04:00 AM	Exports YoY May	-8.99%	-9.54%	-14.7%
2019-07-15	04:00 AM	Exports YoY Jun	-8.98%	-8.48%	-8.7%
2019-08-15	04:00 AM	Exports YoY Jul	-5.12%	-9.11%	-11.4%	-7.80%

Indonesia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-60.00	297.30	4641.92	-2501.90	USD Million	[+]
Current Account	-8442.80	-6966.00	3795.00	-10125.60	USD Million	[+]
Current Account to GDP	-3.00	-1.60	4.80	-6.80	percent	[+]
Imports	15514.20	11495.40	18297.11	21.00	USD Million	[+]
Exports	15450.70	11792.70	18647.83	30.00	USD Million	[+]
External Debt	387592.08	377597.83	387592.08	119594.10	USD Million	[+]
Terms of Trade	105.69	107.22	117.70	77.43	Index Points	[+]
Foreign Direct Investment	104.90	87.20	112.00	35.40	IDR Trillion	[+]
Remittances	2761.07	2713.92	2835.19	1202.00	USD Million	[+]
Tourist Arrivals	1454141.00	1256325.00	1536489.00	548821.00		[+]
Gold Reserves	78.50	78.50	96.45	73.09	Tonnes	[+]
Crude Oil Production	759.00	764.00	1720.00	747.00	BBL/D/1K	[+]
Terrorism Index	4.54	4.55	6.55	3.92		[+]
Weapons Sales	15.00	94.00	94.00	1.00	USD Million	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Exports have been an engine of economic growth in Indonesia. However, after reaching a peak in 2012, it have been in a steady decline due to lower commodity prices and dwindling global demand. Major exports are: oil and gas (12.4 percent of the total exports, of those gas 6.9 percent, crude oil 4.3 percent and oil products 1.2 percent); animal and vegetable fats and oils (14 percent); and electrical equipment and machinery (10.45 percent). Other exports include: footwear, part of such articles (3.4 percent); garments not knitted (3 percent) and ores, slag and ash (2.5 percent). Major export partners are: the United States (11.6 percent), China (10 percent of the total exports), Japan (9.9 percent), India (8.8 percent) and Singapore (7 percent). This page provides the latest reported value for - Indonesia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Exports - actual data, historical chart and calendar of releases - was last updated on August of 2019.