Indonesia Exports

Exports from Indonesia dropped by 9.75 percent from a year earlier to USD11.51 billion in May of 2016, following a 12.5 percent decline in April and market expectations of a 7.9 percent fall. It was the 20th straight month of fall, as sales of non-oil and gas products dropped by 7.12 percent to USD10.55 billion and those of oil and gas dropped by 31.22 percent to USD957.9 million. Compared to the previous month, exports were up by 0.31 percent. Oil exports rose 7.42 percent and sales of non-oil and gas products declined sby 0.29 percent. Sales were up to the EU countries (+1.17 percent to USD1.19 billion), Japan (+5.21 percent to USD1.00 billion), Australia (+62.03 percent to USD280.2 million) and South Korea (+1.30 percent to USD427.6 million). Exports in Indonesia averaged 3940.93 USD Million from 1960 until 2016, reaching an all time high of 18647.83 USD Million in August of 2011 and a record low of 30 USD Million in January of 1961. Exports in Indonesia is reported by the Statistics Indonesia. 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). This page provides the latest reported value for – Indonesia Exports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.