Exports from Indonesia tumbled 28.95 percent from a year earlier to USD 10.53 billion in May 2020, worse than market consensus of a 17.98 percent fall and after an upwardly revised 7.24 percent decline in the prior month. It was the steepest decline in exports since 2009, due to a fall in global demand amid the coronavirus pandemic. Sales of oil and gas tumbled by 42.64 percent to USD 0.65 billion on the back of mining products (-47.04 percent), including crude oil (-88.70 percent), while non-oil and gas exports fell by 27.81 percent to USD 9.88 billion. Considering the first five months of 2020, sales dropped 5.96 percent from a year earlier.

Exports in Indonesia averaged 4490.66 USD Million from 1960 until 2019, reaching an all time high of 18647.83 USD Million in August of 2011 and a record low of 30 USD Million in January of 1961. This page provides the latest reported value for - Indonesia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Exports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Indonesia

Exports in Indonesia is expected to be 11900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Indonesia to stand at 14500.00 in 12 months time. In the long-term, the Indonesia Exports is projected to trend around 16700.00 USD Million in 2021 and 17700.00 USD Million in 2022, according to our econometric models.

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Indonesia Exports

Actual Previous Highest Lowest Dates Unit Frequency
10533.80 12163.10 18647.83 30.00 1960 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-16 02:00 AM Feb 11% -2.12% -6%
2020-04-15 04:00 AM Mar -0.2% 12% -6.73%
2020-05-15 02:00 AM Apr -7.02% -0.4% -2.7%
2020-06-15 04:00 AM May -28.95% -7.24% -17.98%


News Stream
Indonesia Exports Plunge More than Expected
Exports from Indonesia tumbled 28.95 percent from a year earlier to USD 10.53 billion in May 2020, worse than market consensus of a 17.98 percent fall and after an upwardly revised 7.24 percent decline in the prior month. It was the steepest decline in exports since 2009, due to a fall in global demand amid the coronavirus pandemic. Sales of oil and gas tumbled by 42.64 percent to USD 0.65 billion on the back of mining products (-47.04 percent), including crude oil (-88.70 percent), while non-oil and gas exports fell by 27.81 percent to USD 9.88 billion. Considering the first five months of 2020, sales dropped 5.96 percent from a year earlier.
2020-06-15
Indonesia Exports Drop the Most in 8 Months
Exports from Indonesia dropped 7.02 percent from a year earlier to USD 12.19 billion in April 2020, worse than market consensus of a 2.7 percent fall and after an upwardly revised 0.4 percent decline in the prior month. This marked the sharpest drop in outbound shipments in eight months, due to a fall in commodity prices and a collapse in global demand. Sales of oil and gas tumbled by 17.70 percent to USD 0.61 billion on the back of mining products (-17.72 percent), including crude oil (-100 percent), while non-oil and gas exports fell by 6.38 percent to USD 11.58 billion. Considering the first four months of 2020, sales increased 0.44 percent from a year earlier.
2020-05-15
Indonesia Exports Fall Less than Expected
Exports from Indonesia went down 0.2 percent from a year earlier to USD 14.09 billion in March 2020, better than market consensus of a 6.73 percent fall and after an upwardly revised 12 percent jump in the prior month. Sales of oil and gas tumbled by 40.91 percent to USD 0.67 billion on the back of mining products (-43.65 percent), including crude oil (-46.62 percent) and natural gas (-43.25 percent), while non-oil and gas exports rose by 3.38 percent to USD 13.42 billion. Considering the first three months of 2020, sales increased 2.91 percent from a year earlier.
2020-04-15
Indonesia Exports Unexpectedly Jump in February
Exports from Indonesia unexpectedly surged 11 percent from a year earlier to USD 13.94 billion in February 2020, defying market consensus of a 6 percent fall and after a downwardly revised 2.12 percent drop in the prior month. Sales of non-oil and gas products jumped by 14.64 percent to USD 13.12 billion, while oil and gas exports slumped by 26.51 percent to USD 0.82 billion on the back of mining products (-32.68 percent), including crude oil (-25.47 percent) and natural gas (-34 percent). Considering the first two months of 2020 sales rose 4.10 percent from a year earlier.
2020-03-16

Indonesia Exports
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).
Indonesia Exports by Country Last Previous
United States 1671.46 1478.11 USD Million Dec/19
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 282.68 273.04 USD Million Dec/19
Germany 206.86 186.81 USD Million Dec/19
Italy 178.55 138.36 USD Million Dec/19
Australia 175.68 181.55 USD Million Dec/19
Hong Kong 170.53 168.58 USD Million Dec/19
Spain 149.66 111.52 USD Million Dec/19
United Kingdom 104.81 97.35 USD Million Dec/19
France 93.96 92.01 USD Million Dec/19
Canada 73.36 63.66 USD Million Dec/19
Cambodia 57.99 60.45 USD Million Dec/19
Greece 15.22 19.52 USD Million Dec/19
Denmark 14.47 15.39 USD Million Dec/19
Sweden 13.98 12.22 USD Million Dec/19
Indonesia Exports by Category Last Previous
Oil & Gas 675.40 607.50 USD Million Mar/20

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