Indonesia Imports

Imports to Indonesia tumbled 17.71 percent year-on-year to USD 14.53 billion in May 2019, worse than market consensus of a 13.9 percent drop and following a downwardly revised 4.72 percent decline in the prior month. This marked the fifth straight month of yearly fall in inbound shipments, amid continual efforts from the government to reduce purchases and help manage the country's current account deficit. Purchases of oil and gas contracted 26.89 percent from a year earlier to USD 2.09 billion, and those of non-oil and gas fell 15.94 percent to USD 12.44 billion. Imports in Indonesia averaged 3641.98 USD Million from 1959 until 2019, reaching an all time high of 18297.10 USD Million in July of 2018 and a record low of 21 USD Million in September of 1959.

Imports in Indonesia is expected to be 12200.00 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 14700.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 17500.00 USD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus
2018-09-17	04:00 AM	Imports YoY	24.65%	31.73%	26.53%
2018-10-15	04:00 AM	Imports YoY	14.18%	24.49%	24.76%
2018-11-15	04:00 AM	Imports YoY	23.66%	14.25%	9.2%
2018-12-17	04:00 AM	Imports YoY	11.68%	24.0%	10.5%

Indonesia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	207.60	-2501.90	4641.92	-2501.90	USD Million	[+]
Current Account	-6966.00	-9147.60	3795.00	-10125.60	USD Million	[+]
Current Account to GDP	-3.00	-1.60	4.80	-6.80	percent	[+]
Imports	14534.20	15399.20	18297.10	21.00	USD Million	[+]
Exports	14741.80	13112.70	18647.83	30.00	USD Million	[+]
External Debt	387592.08	377597.83	387592.08	119594.10	USD Million	[+]
Terms of Trade	107.60	105.95	117.70	77.43	Index Points	[+]
Foreign Direct Investment	107.90	99.00	112.00	35.40	IDR Trillion	[+]
Remittances	2761.07	2713.92	2835.19	1202.00	USD Million	[+]
Tourist Arrivals	1303808.00	1338666.00	1536489.00	548821.00		[+]
Gold Reserves	78.50	78.50	96.45	73.09	Tonnes	[+]
Crude Oil Production	768.00	772.00	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

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). 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.