Imports to Indonesia jumped 25.73% yoy to USD 16.79 billion in March 2021, easily beating market estimated of a 6% gain and after a 14.86% growth a month earlier. This was the second straight month of growth in inbound shipments and the fastest pace since July 2018, amid strengthening domestic demand ahead of the fasting month of Ramadhan and as the COVID-19 vaccination program in the country run smoothly. Purchases of non-oil and gas soared 23.52 percent to USD 4.51 billion; and those of oil and gas imports climbed 41.87 percent to USD 2.28 billion, driven by crude oil (37.62 percent), oil products (47.59 percent), and gas (31.73 percent). Considering the first three months of the year, arrival grew by 10.76 percent from the same period of 2020. source: Statistics Indonesia

Imports in Indonesia averaged 3931.35 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 May of 2021.

Imports in Indonesia is expected to be 13100.00 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 13700.00 in 12 months time. In the long-term, the Indonesia Imports is projected to trend around 14000.00 USD Million in 2022, according to our econometric models.

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Indonesia Imports

Actual Previous Highest Lowest Dates Unit Frequency
16787.20 13265.00 18297.15 21.00 1959 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
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%
2021-03-15 04:00 AM Feb 14.86% -6.58% 12.6%
2021-04-15 04:00 AM Mar 25.73% 14.86% 6%


News Stream
Indonesia Imports Rise the Most in Near 3 Years
Imports to Indonesia jumped 25.73% yoy to USD 16.79 billion in March 2021, easily beating market estimated of a 6% gain and after a 14.86% growth a month earlier. This was the second straight month of growth in inbound shipments and the fastest pace since July 2018, amid strengthening domestic demand ahead of the fasting month of Ramadhan and as the COVID-19 vaccination program in the country run smoothly. Purchases of non-oil and gas soared 23.52 percent to USD 4.51 billion; and those of oil and gas imports climbed 41.87 percent to USD 2.28 billion, driven by crude oil (37.62 percent), oil products (47.59 percent), and gas (31.73 percent). Considering the first three months of the year, arrival grew by 10.76 percent from the same period of 2020.
2021-04-15
Indonesia Imports Grow for 1st Time in 20 Months
Imports to Indonesia rose by 14.86 percent year-on-year to USD 13.26 billion in February 2021, above market forecasts of a 12.6 percent gain and after a marginally revised 6.58 percent fall a month earlier This was the first growth in inbound shipments since June 2019, amid a low base effect and improving domestic demand in the aftermath of COVID-19 crisis. Purchases of non-oil and gas soared 22.03 percent to USD 11.96 billion; while those of oil and gas imports plunged 25.37 percent to USD 1.30 billion, driven by crude oil (-62.25 percent) and oil products (-18.75 percent). Considering the first two months of the year, arrival grew by 3 percent from the same period of 2020.
2021-03-15
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
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 799.71 757.38 USD Million Feb/21
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
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