Imports to Indonesia fell by 6.49 percent year-on-year to USD 13.34 billion in January 2021, missing market consensus of a 2.27 percent decline and after a 0.47 percent drop a month earlier, amid weakening domestic demand following the implementation of stricter COVID-19 restrictions in Jakarta and several provinces in the country as virus infections showed no signs of slowing. Purchases of non-oil and gas decreased by 4.0 percent to USD 11.79 billion; and those of oil and gas imports plunged 21.90 percent to USD 1.55 billion, driven by oil products (-26.41 percent) and crude oil (-0.16 percent). source: Statistics Indonesia

Imports in Indonesia averaged 3901.58 USD Million from 1959 until 2021, reaching an all time high of 18297.15 USD Million in July of 2018 and a record low of 21 USD Million in September of 1959. This page provides the latest reported value for - Indonesia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Imports - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Imports in Indonesia is expected to be 15700.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Indonesia to stand at 15500.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 16500.00 USD Million in 2022, according to our econometric models.

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Indonesia Imports

Actual Previous Highest Lowest Dates Unit Frequency
13342.20 14437.90 18297.15 21.00 1959 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-16 04:00 AM Oct -26.93% -18.89% -18.67%
2020-12-15 04:00 AM Nov -17.46% -26.92% -24.52%
2021-01-15 02:00 AM Dec -0.47% -17.44% -12.47%
2021-02-15 04:00 AM Jan -6.49% -0.47% -2.77%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Indonesia Imports Drop More than Expected
Imports to Indonesia fell by 6.49 percent year-on-year to USD 13.34 billion in January 2021, missing market consensus of a 2.27 percent decline and after a 0.47 percent drop a month earlier, amid weakening domestic demand following the implementation of stricter COVID-19 restrictions in Jakarta and several provinces in the country as virus infections showed no signs of slowing. Purchases of non-oil and gas decreased by 4.0 percent to USD 11.79 billion; and those of oil and gas imports plunged 21.90 percent to USD 1.55 billion, driven by oil products (-26.41 percent) and crude oil (-0.16 percent).
2021-02-15
Indonesia Import Contraction Eases Sharply
Imports to Indonesia fell by 0.47 percent year-on-year in December 2020, far below market consensus of a 12.47 percent decline and after a 17.46 percent slump a month earlier, amid improving domestic demand in the wake of COVID-19 disruption. Purchases of non-oil and gas rose by 4.71 percent to USD 12.96 billion; while those of oil and gas imports plunged 30.54 percent to USD 1.48 billion, led by crude oil (-57.80 percent) and oil products (-25.81 percent). Considering the whole year of 2020, arrivals plunged 17.34 percent compared to the same period of 2019.
2021-01-15
Indonesia Imports Fall Less than Estimated
Imports to Indonesia dropped 17.46 percent year-on-year to USD 12.66 billion in November 2020, compared with market estimates of a 24.52 percent slump and after a marginally revised 26.92 percent plunge in a month earlier, as domestic demand remained subdued, amid the coronavirus pandemic. Purchases of oil and gas imports plunged 49.16 percent to USD 1.09 billion, led by crude oil (-77.34 percent) and oil products (-43.14 percent) while those of non-oil and gas fell 12.33 percent to USD 11.58 billion. Considering the first eleven months of the year, arrivals shrank 18.91 percent compared to the corresponding period of 2019.
2020-12-15
Indonesia Imports Plunge More than Estimated
Imports to Indonesia slumped 26.93 percent year-on-year to USD 10.78 billion in October 2020, compared with market estimates of a 18.67 percent drop and after a marginally revised 18.89 percent plunge in a month earlier, as domestic demand remained subdued, amid the coronavirus pandemic. Purchases of oil and gas imports plunged 38.54 percent to USD 1.17 billion, led by crude oil (-25.53 percent) and oil products (-36.46 percent) while those of non-oil and gas slumped 25.36 percent to USD 9.71 billion. Considering the first ten months of the year, arrivals shrank 19.07 percent compared to the corresponding period of 2019.
2020-11-16

Indonesia Imports
From 2004 to 2012, imports to Indonesia tripled, as large portion of the population entered middle-class and propelled higher purchases of oil and consumption goods. However, starting in mid-2013, imports have been declining due to low commodity prices and weak domestic consumption and investment. Main imports products are: oil and gas (around 17 percent of total imports), nuclear reactions, boilers, mechanical appliances (19 percent); iron and steel (5.4 percent), organic chemical materials (4.8 percent) and vehicles (4.5 percent). Main import partners are: China (25 percent of the total imports), Japan (11 percent), Singapore (7.6 percent), Thailand (6.8 percent) and the United States (6.4 percent).
Indonesia Imports by Country Last Previous
Singapore 1525.74 1525.33 USD Million Dec/19
Japan 1088.61 1236.85 USD Million Dec/19
European Union 890.89 807.37 USD Million Nov/20
Malaysia 791.94 734.00 USD Million Dec/19
Thailand 744.14 763.24 USD Million Dec/19
United States 729.09 783.98 USD Million Dec/19
Australia 408.29 671.33 USD Million Dec/19
Vietnam 353.83 323.54 USD Million Dec/19
Germany 296.93 278.03 USD Million Dec/19
Italy 165.06 117.64 USD Million Dec/19
France 113.42 150.81 USD Million Dec/19
Canada 112.69 157.66 USD Million Dec/19
United Kingdom 98.69 98.57 USD Million Dec/19
Philippines 66.51 61.44 USD Million Dec/19
Netherlands 63.23 76.15 USD Million Dec/19
Spain 54.44 48.38 USD Million Dec/19
Finland 41.51 30.40 USD Million Dec/19
Sweden 35.01 40.53 USD Million Dec/19
Denmark 29.34 25.72 USD Million Dec/19
Austria 22.92 25.46 USD Million Dec/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category