Exports from Indonesia increased by 12.30 percent from a year earlier to USD 24.81 billion in October of 2022, below market consensus of 13.85 percent and after a 20.28 percent jump a month earlier. This was the 24th straight month of expansion in shipments but the softest pace since February 2021, amid moderation in foreign demand due to high inflation globally and a resurgence of COVID infections in some countries. Sales of non-oil and gas exports grew by 11.45 percent to USD 23.43 billion; while shipments of oil and gas climbed 29.20 percent to USD 1.38 billion, with shipments rising for all components: crude oil (15.55%), oil products (145.26%), and gas (12.34%). For the first ten months of the year, exports soared 30.97 percent from the same period in 2021 to USD 244.14 billion. source: Statistics Indonesia

Exports YoY in Indonesia averaged 14.24 percent from 1961 until 2022, reaching an all time high of 518.00 percent in February of 1974 and a record low of -52.10 percent in September of 1964. This page includes a chart with historical data for Indonesia Exports YoY. Indonesia Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

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Indonesia Exports YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-10-17 04:00 AM Sep 20.28% 29.93% 27.91%
2022-11-15 04:00 AM Oct 12.3% 20.28% 13.85%
2022-12-15 04:00 AM Nov 12.3%

Indonesia Exports YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
12.30 20.28 518.00 -52.10 1961 - 2022 percent Monthly

News Stream
Indonesia Exports Rise the Least in 20 Months
Exports from Indonesia increased by 12.30 percent from a year earlier to USD 24.81 billion in October of 2022, below market consensus of 13.85 percent and after a 20.28 percent jump a month earlier. This was the 24th straight month of expansion in shipments but the softest pace since February 2021, amid moderation in foreign demand due to high inflation globally and a resurgence of COVID infections in some countries. Sales of non-oil and gas exports grew by 11.45 percent to USD 23.43 billion; while shipments of oil and gas climbed 29.20 percent to USD 1.38 billion, with shipments rising for all components: crude oil (15.55%), oil products (145.26%), and gas (12.34%). For the first ten months of the year, exports soared 30.97 percent from the same period in 2021 to USD 244.14 billion.
2022-11-15
Indonesia Exports Rise Less than Expected
Exports from Indonesia increased 20.28 percent from a year earlier to USD 24.80 billion in September of 2022, below market consensus of a 27.91 percent rise. It was the 19th straight month of double-digit increase, on the back of high commodity prices and signs of a recovery in global demand as many countries eased further pandemic restrictions. Sales of non-oil and gas exports climbed by 19.26 percent to USD 23.48 billion; while oil and gas exports surged by 41.80 percent to USD 1.33 billion, with shipments rising sharply for both oil products (76.95 percent) and gas (51.58 percent). For the first nine months of the year, exports jumped 33.49 percent year-on-year to USD 219.35 billion.
2022-10-17
Indonesia Exports Rise to Record High
Exports from Indonesia increased 30.15 percent from a year earlier to an all-time high of USD 27.91 billion in August of 2022, easily beating market consensus of a 19.19 percent rise and representing the 18th straight month of double-digit increase, on the back of high commodity prices and signs of a recovery in global demand as many countries eased further pandemic restrictions. Sales of non-oil and gas exports rose by 28.39 percent to USD 26.19 billion; while oil and gas exports jumped by 64.46 percent to USD 1.72 billion, with shipments rising sharply for both oil products (123.06 percent) and gas (55.37 percent). For the first eight months of the year, exports soared 35.42 percent year-on-year to USD 194.60 billion.
2022-09-15

Indonesia Exports by Country Last Previous
United States 2341.14 2253.69 USD Million Sep/21
Japan 1317.95 1313.35 USD Million Dec/19
Singapore 979.94 1021.21 USD Million Dec/19
Malaysia 837.00 721.87 USD Million Dec/19
Vietnam 501.53 471.37 USD Million Dec/19
Philippines 476.64 544.87 USD Million Dec/19
Thailand 377.02 483.43 USD Million Dec/19
Netherlands 363.85 468.05 USD Million Sep/21
Italy 305.10 259.78 USD Million Sep/21
Spain 259.39 203.12 USD Million Sep/21
Germany 256.28 248.20 USD Million Sep/21
Australia 175.68 181.55 USD Million Dec/19
Hong Kong 170.53 168.58 USD Million Dec/19
United Kingdom 104.81 97.35 USD Million Dec/19
France 73.82 80.83 USD Million Sep/21
Canada 73.36 63.66 USD Million Dec/19
Cambodia 57.99 60.45 USD Million Dec/19
Greece 16.78 10.68 USD Million Sep/21
Denmark 14.47 15.39 USD Million Dec/19
Sweden 13.98 12.22 USD Million Dec/19
Brunei 13.38 12.34 USD Million Dec/19
Portugal 12.88 7.99 USD Million Sep/21
Ireland 10.53 8.59 USD Million Sep/21
Finland 5.72 10.32 USD Million Sep/21
Austria 2.33 2.75 USD Million Sep/21
Indonesia Exports by Category Last Previous
Oil & Gas 696.90 732.10 USD Million Jul/21

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