Credible Exporters of Indonesia

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Oct 11, 2016
Indonesia’s Top 10 Exports

Exports from Indonesia amounted to US$150.3 billion in 2015, down -26.1% since 2011 and down -14.6% from 2014 to 2015. Indonesia’s top 10 exports accounted for almost two-thirds (64.1%) of the overall value of its global shipments. Based on statistics from the International Monetary Fund’s World Economic Outlook Database, Indonesia’s total Gross Domestic Product amounted to $3.011 trillion in 2015. Therefore, exports accounted for about 5% of total Indonesian economic output. From a continental perspective, $103.6 billion or 68.9% of Indonesian exports by value were delivered to other Asian countries while 11.9% were sold to North American importers. Indonesia shipped another 9.9% worth of goods to European Union members with 3.2% going to customers in Africa. Given Indonesia’s population of 256 million people, its total $150.3 billion in 2015 exports translates to roughly $590 for every resident in that country. Indonesia’s unemployment rate was 5.5% as of March 2016, according to Trading Economics.

 

The following export product groups represent the highest dollar value in Indonesian global shipments during 2015. Also shown is the percentage share each export category represents in terms of overall exports from Indonesia.

1.Coal and oil-related products: US$34.6 billion (23% of total exports)

2.Animal/vegetable fats, oils: $18.7 billion (12.4%)

3.Electronic equipment: $8.6 billion (5.7%)

4.Rubber: $5.9 billion (3.9%)

5.Gems, precious metals: $5.5 billion (3.7%)

6.Vehicles: $5.4 billion (3.6%)

7.Machines, engines, pumps: $5.2 billion (3.5%)

8.Footwear: $4.5 billion (3%)

9.Wood: $4 billion (2.7%)

10.Clothing (not knit or crochet): $3.98 billion (2.6%)

Propelled by strong sales of jewelry and precious metal scrap, gems and precious metals were the fastest-growing among the top 10 export categories, up 111.9% for the 5-year period starting in 2011. In second place for improving export sales were vehicles which rose in value by 62.8% led by cars and automotive parts. Indonesian footwear posted the third-fastest gain in value at 36.5%. Rubber led the declining categories with its -58.8% depreciation, followed by oil (down -49.8%) and electronic equipment (down -23.2%).

www.worldstopexports.com by Daniel Workman

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