Exports from Indonesia increased 27 percent from a year earlier to USD 21.51 billion in May of 2022, far below market consensus of a 38.69 percent rise and following a 47.76 percent growth in the prior month. While pointing to the 15th straight month of double-digit increase, the latest figure was the slowest in four months, due to less working days during the Eid-ul Fitr festival as well as the country's ban on palm oil shipments for about three weeks to support domestic demand. Sales of non-oil and gas exports surged by 25.34 percent to USD 20 billion; while oil and gas exports soaring by 54.49 percent to USD 1.50 billion, with shipments rising sharply for both oil products (307.53 percent) and gas (63.57 percent). For the first five months of the year, exports jumped 36.34 percent year-on-year to USD 114.97 billion. source: Statistics Indonesia

Exports YoY in Indonesia averaged 14.15 percent from 1961 until 2022, reaching an all time high of 518 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 July of 2022.

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Indonesia Exports YoY


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
27.00 47.76 518.00 -52.10 1961 - 2022 percent Monthly

News Stream
Indonesia Export Growth Below Forecasts
Exports from Indonesia increased 27 percent from a year earlier to USD 21.51 billion in May of 2022, far below market consensus of a 38.69 percent rise and following a 47.76 percent growth in the prior month. While pointing to the 15th straight month of double-digit increase, the latest figure was the slowest in four months, due to less working days during the Eid-ul Fitr festival as well as the country's ban on palm oil shipments for about three weeks to support domestic demand. Sales of non-oil and gas exports surged by 25.34 percent to USD 20 billion; while oil and gas exports soaring by 54.49 percent to USD 1.50 billion, with shipments rising sharply for both oil products (307.53 percent) and gas (63.57 percent). For the first five months of the year, exports jumped 36.34 percent year-on-year to USD 114.97 billion.
2022-06-15
Indonesia Exports Hit Fresh Record High
Exports from Indonesia jumped 47.76 percent from a year earlier to a new record peak of USD 27.32 billion in April of 2022, easily beating market consensus of a 35.97 percent rise and following a marginally revised 44.37 percent growth in the prior month. It was the 14th straight month of double-digit increase, and the fastest pace in five months, amid surging commodity prices. Sales of non-oil and gas exports jumped by 47.70 percent to USD 25.89 billion; while oil and gas exports surging by 48.92 percent to USD 1.43 billion, with shipments rising sharply for both oil products (625.03 percent) and gas (32.29 percent). For the first four months of the year, exports soared 38.68 percent year-on-year to USD 93.47 billion.
2022-05-17
Indonesia Exports Rise More than Expected
Exports from Indonesia grew 44.36 percent from a year earlier to a record high of USD 26.50 billion in March of 2022, easily beating market consensus of a 23.83 percent rise and after a marginally revised 34.19 percent rise in the prior month. It was the 13th straight month of double-digit increase, and the strongest growth in four months, amid solid global demand and rising commodity prices. Sales of non-oil and gas exports jumped by 43.82 percent to USD 25.09 billion; while oil and gas exports soared by 54.75 percent to USD 1.41 billion, with shipments rising sharply for both oil products (186.79 percent) and gas (84.26 percent). For the first quarter of the year, exports surged 35.25 percent year-on-year to USD 66.14 billion.
2022-04-18

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