Imports to Indonesia increased 47.93 percent year-on-year to a new record peak of USD 21.36 billion in December 2021, beating market forecasts of 39.4 percent gain and after a 52.62 percent jump a month earlier. This marked the 11th straight month of double-digit growth in inbound shipments amid strong domestic demand following further easing of COVID-19 restrictions and soaring vaccinations. Purchases of non-oil and gas climbed 48.78 percent to USD 17.98 billion; and those of oil and gas imports soared 127.94 percent to USD 3.38 billion, driven by crude oil (310.28 percent), oil products (91.40 percent), and gas (53.52 percent). For the whole year, arrivals surged 38.58 percent from the same period of 2020 to USD 196.20 billion. source: Statistics Indonesia

Imports YoY in Indonesia averaged 14.75 percent from 1960 until 2021, reaching an all time high of 143.70 percent in January of 1975 and a record low of -66 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 January of 2022.

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Indonesia Imports YoY


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
47.93 52.62 143.70 -66.00 1960 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-15 04:00 AM Nov 52.62% 51.06% 37.55%
2022-01-17 04:00 AM Dec 47.93% 52.62% 39.4%
2022-02-15 04:00 AM Jan 47.93%


News Stream
Indonesia Imports Extend Double Digit Growth for 11th Month
Imports to Indonesia increased 47.93 percent year-on-year to a new record peak of USD 21.36 billion in December 2021, beating market forecasts of 39.4 percent gain and after a 52.62 percent jump a month earlier. This marked the 11th straight month of double-digit growth in inbound shipments amid strong domestic demand following further easing of COVID-19 restrictions and soaring vaccinations. Purchases of non-oil and gas climbed 48.78 percent to USD 17.98 billion; and those of oil and gas imports soared 127.94 percent to USD 3.38 billion, driven by crude oil (310.28 percent), oil products (91.40 percent), and gas (53.52 percent). For the whole year, arrivals surged 38.58 percent from the same period of 2020 to USD 196.20 billion.
2022-01-17
Indonesia Imports Hits Record High
Imports to Indonesia jumped 52.62 percent year-on-year to a record peak of USD 19.33 billion in November 2021, easily beating market consensus of 37.55 percent and after a 51.06 percent increase a month earlier. This was the tenth straight month of double-digit growth in inbound shipments, amid strong domestic demand following further easing of COVID-19 restrictions ahead of year-end holidays and surging vaccinations. Purchases of non-oil and gas climbed 40.79 percent to USD 16.30 billion; and those of oil and gas imports soared 178.79 percent to USD 3.02 billion, driven by crude oil (254.16 percent), oil products (193.54 percent), and gas (113.51 percent). Considering the first eleven months of the year, arrivals surged 37.53 percent from the same period of 2020 to USD 174.84 billion.
2021-12-15
Indonesia Import Growth Quickens
Imports to Indonesia jumped 51.06 percent year-on-year to USD 16.29 billion in October 2021, compared with market consensus of 56.06 percent and after a 40.31 percent growth a month earlier. This was the ninth straight month of growth in inbound shipments, amid strong domestic demand following an easing of COVID-19 restrictions and increasing vaccination levels. Purchases of non-oil and gas climbed 48.29 percent to USD 14.40 billion; and those of oil and gas imports soared 75.94 percent to USD 1.90 billion, driven by crude oil (11.63 percent), oil products (89.39 percent), and gas (106.10 percent). Considering the first ten months of the year, arrivals surged 35.86 percent from the same period of 2020 to USD 155.51 billion.
2021-11-15

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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