The Republic of Indonesia is a large archipelago and is the largest country in Southeast Asia. Indonesia has the tenth largest economy in terms of PPP. It is open to foreign trade and investment. Indonesia is a member of trade bodies like G20 and is one of the driving forces in ASEAN. Indonesia customs data shows international trade was 37.3% of the GDP.
If we do study the Indonesia trade data, we learn that Indonesia had a trade surplus of USD 21.74 billion in 2020. With a trade surplus of USD 2.1 billion in December, Indonesia showed a trade surplus for eight consecutive months as exports increased and imports fell. Compared to 2019, exports fell by 2.61%, and imports fell by 17.34% in 2020. The Shipment data Indonesia shows the top trading partners of Indonesia are:
Shipment data Indonesia contains imports and exports statistics of Indonesian trade. The database is based on the information collected from government officials, trade associations, and logistics providers. The shipment data Indonesia contains the following information:
The Indonesia import data shows that imports in December were USD 14.37 billion. The imports in December showed a recovery compared to imports in November goods worth USD 12.64 billion. Imports in Indonesia in 2020 have been weak due to domestic consumption and water. Indonesia import data shows the top imported commodities are:
According to Indonesia export data shows that exports in December 2020 were USD 16.54 billion. Indonesia’s lowest export was recorded in May 2020 was $10.54 billion. Indonesia exports have been showing a steady recovery in the last five months. Indonesia export data shows the main exported commodities are:-
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December 2022
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