Imports to Indonesia expanded 17.44 percent year-on-year to USD 19.14 billion in October of 2022, slowing from a 22.02 percent jump a month earlier and missing market forecasts of 23.62 percent. While registering the 21st straight month of growth in arrivals, the latest figure was the slowest since February 2021, reflecting a drop in commodity prices. Purchases of non-oil and gas gained 9.56 percent to USD 15.77 billion; and those of oil and gas imports soared 77.23 percent to USD 3.36 billion, mainly led by crude oil (307.59%) and oil products (61.64%). For the January to October period, imports jumped 27.72 percent to USD 198.62 billion, with purchases of non-oil and gas growing 20.40 percent and those of oil and gas climbing 79.92 percent. source: Statistics Indonesia

Imports YoY in Indonesia averaged 14.93 percent from 1960 until 2022, reaching an all time high of 143.70 percent in January of 1975 and a record low of -66.00 percent in January of 1966. This page includes a chart with historical data for Indonesia Imports YoY. Indonesia Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

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Indonesia Imports YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-10-17 04:30 AM Sep 22.02% 32.81% 31.48%
2022-11-15 04:00 AM Oct 17.44% 22.02% 23.62%
2022-12-15 04:00 AM Nov 17.44%

Indonesia Imports YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
17.44 22.02 143.70 -66.00 1960 - 2022 percent Monthly

News Stream
Indonesia Import Growth Below Estimates
Imports to Indonesia expanded 17.44 percent year-on-year to USD 19.14 billion in October of 2022, slowing from a 22.02 percent jump a month earlier and missing market forecasts of 23.62 percent. While registering the 21st straight month of growth in arrivals, the latest figure was the slowest since February 2021, reflecting a drop in commodity prices. Purchases of non-oil and gas gained 9.56 percent to USD 15.77 billion; and those of oil and gas imports soared 77.23 percent to USD 3.36 billion, mainly led by crude oil (307.59%) and oil products (61.64%). For the January to October period, imports jumped 27.72 percent to USD 198.62 billion, with purchases of non-oil and gas growing 20.40 percent and those of oil and gas climbing 79.92 percent.
2022-11-15
Indonesia Imports Grow Less than Expected
Imports to Indonesia expanded 22.02 percent year-on-year to USD 19.81 billion in September of 2022, slowing from a 32.81 percent jump a month earlier and missing market forecasts of 31.38 percent. While registering the 20th straight month of growth in arrivals, the latest figure was the softest since June, reflecting a drop in commodity prices. Purchases of non-oil and gas gained 14.02 percent to USD 16.38 billion; and those of oil and gas imports soared 83.53 percent to USD 3.43 billion, mainly led by crude oil (130.92 percent) and oil products (98.36 percent). For the January to September period, imports jumped 28.93 percent to USD 179.49 billion, with purchases of non-oil and gas growing 21.68 percent and those of oil and gas climbing 80.21 percent.
2022-10-17
Indonesia Imports Grow More than Estimated
Imports to Indonesia expanded 32.81 percent year-on-year to a record peak of USD 22.15 billion in August of 2022, topping market expectations of 30.6 percent and following a 39.86 percent jump in July which was the steepest pace of arrivals since December 2021. The latest figure continued to highlight robust domestic demand as the economy recovered further from the COVID-19 hit. Arrivals of non-oil and gas gained 26.11 percent to USD 18.45 billion; and those of oil and gas imports soared 80.63 percent to USD 3.70 billion, led by crude oil (77.44 percent), oil products (95.85 percent), and gas (36.62 percent). For the January to August period, imports jumped 29.84 percent to USD 159.68 billion, with purchases of non-oil and gas growing 22.71 percent and those of oil and gas climbing 79.81 percent.
2022-09-15

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 822.91 924.25 USD Million Jul/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
Ireland 11.30 17.03 USD Million Dec/19
Greece 7.72 5.00 USD Million Dec/19
Portugal 3.63 4.07 USD Million Dec/19
Brunei 2.76 3.87 USD Million Dec/19
Cambodia 2.73 2.85 USD Million Dec/19

United Nations Comtrade Database
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