Exports from Indonesia grew 32.03 percent from a year earlier to USD 25.57 billion in July of 2022, slightly above market consensus of a 29.73 percent rise but easing sharply from a marginally revised 40.99 percent growth in the prior month. It was the 17th straight month of double-digit increase in shipments boosted by the government's move to increase palm oil export quota and allows palm oil producers to ship seven times the amount it sold domestically. Sales of non-oil and gas exports surged by 31.58 percent to USD 24.20 billion; while oil and gas exports soared by 40.48 percent to USD 1.38 billion, with shipments rising sharply for both oil products (160.82 percent) and gas (45.04 percent). For the first seven months of the year, exports surged 36.36 percent year-on-year to USD 166.70 billion. source: Statistics Indonesia

Exports YoY in Indonesia averaged 14.21 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 September 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
32.03 40.68 518.00 -52.10 1961 - 2022 percent Monthly

News Stream
Indonesia Exports Rise More than Expected
Exports from Indonesia grew 32.03 percent from a year earlier to USD 25.57 billion in July of 2022, slightly above market consensus of a 29.73 percent rise but easing sharply from a marginally revised 40.99 percent growth in the prior month. It was the 17th straight month of double-digit increase in shipments boosted by the government's move to increase palm oil export quota and allows palm oil producers to ship seven times the amount it sold domestically. Sales of non-oil and gas exports surged by 31.58 percent to USD 24.20 billion; while oil and gas exports soared by 40.48 percent to USD 1.38 billion, with shipments rising sharply for both oil products (160.82 percent) and gas (45.04 percent). For the first seven months of the year, exports surged 36.36 percent year-on-year to USD 166.70 billion.
2022-08-15
Indonesia Exports Rise More than Expected
Exports from Indonesia surged 40.68 percent from a year earlier to USD 26.09 billion in June of 2022, easily beating market consensus of a 30.26 percent rise and accelerating sharply from a 27.0 percent growth in the prior month. The latest figure represented the 16th straight month of double-digit increase in shipments, boosted by the government's move to increase palm oil export quota and allows palm oil producers to ship seven times the amount it sold domestically. Sales of non-oil and gas exports jumped by 41.89 percent to USD 24.56 billion; while oil and gas exports rose by 23.68 percent to USD 1.53 billion, with shipments rising strongly for both oil products (124.70 percent) and gas (33.60 percent). For the first half of the year, exports surged 37.11 percent year-on-year to USD 141.07 billion.
2022-07-15
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 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