Name: Indonesia Exports YoY
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Exports from Indonesia slumped by 29.4 percent from a year earlier to a 15-month low of USD 19.29 billion in April 2023, following an upwardly revised 11.63 percent drop in the previous month, worse than the market consensus of an 18.55 percent fall. It was the second straight month of decline in exports and the steepest pace since February 2009, amid fewer working days, due to the Eid al-Fitr holidays. Sales of non-oil and gas exports plunged by 30.35 percent to USD 18.03 billion, while those of oil and gas fell 12.18 percent to USD 1.26 billion, with oil products plunging by 17.72 percent, while crude oil slumped by 19.85 and gas by 6.23 percent. Shipments of coal and palm oil, two of Indonesia's biggest export products, fell the most on a yearly basis, with their prices down around 40%, the data showed. Considering the first four months of 2023, shipments dropped by 7.61 percent from the same period last year. For the entire of 2022, they surged 26.07 percent. source: Statistics Indonesia

Exports YoY in Indonesia averaged 14.11 percent from 1961 until 2023, 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 June of 2023.

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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
	-29.40	-11.63	518.00	-52.10	1961 - 2023	percent	Monthly

News Stream

Indonesia Exports Fall the Most Since 2009

Exports from Indonesia slumped by 29.4 percent from a year earlier to a 15-month low of USD 19.29 billion in April 2023, following an upwardly revised 11.63 percent drop in the previous month, worse than the market consensus of an 18.55 percent fall. It was the second straight month of decline in exports and the steepest pace since February 2009, amid fewer working days, due to the Eid al-Fitr holidays. Sales of non-oil and gas exports plunged by 30.35 percent to USD 18.03 billion, while those of oil and gas fell 12.18 percent to USD 1.26 billion, with oil products plunging by 17.72 percent, while crude oil slumped by 19.85 and gas by 6.23 percent. Shipments of coal and palm oil, two of Indonesia's biggest export products, fell the most on a yearly basis, with their prices down around 40%, the data showed. Considering the first four months of 2023, shipments dropped by 7.61 percent from the same period last year. For the entire of 2022, they surged 26.07 percent.

2023-05-15

Indonesia Exports Drop the Most in Near 3 Years

Exports from Indonesia dropped by 11.33 percent from a year earlier to USD 23.50 billion in March 2023, reversing sharply a marginally revised 4.44 percent growth in the previous month and coming in below the market consensus of a 15 percent fall. It was the first decline in exports in 29 months and the steepest pace since May 2020 due to moderating commodity prices, mainly palm oil. Deputy head of the statistics bureau, Imam Machdi, said palm oil prices in March 2023 were 45 percent lower than in March 2022. Sales of non-oil and gas exports slumped by 11.70 percent to USD 22.16 billion, while those of oil and gas shrank 4.76 percent to USD 1.34 billion, with oil products plunging by 14.56 percent and gas by 9.26 percent. For the Q3 of 2023, shipments increased by 1.60 percent from the same period last year. For the entire of 2022, they rose 26.07 percent.

2023-04-17

Indonesia Exports Rise the Least in 32 Months

Exports from Indonesia grew by 4.51 percent from a year earlier to USD 21.40 billion in February 2023, easing sharply from a marginally revised 16.43 percent jump in the previous month, and below market consensus of a 5 percent rise. It was the 28th straight month of increase in exports, but the softest pace since June 2020, due to easing commodity prices, amid weakening global demand. Sales of non-oil and gas exports increased by 3.76 percent to USD 20.21 billion, while those of oil and gas surged 19.27 percent to USD 1.19 billion, with crude oil jumping 45 percent, while gas grew by 29.48 percent. Last year, exports climbed 26.07 percent.

2023-03-15

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