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Sunday, January 15, 2012

Indonesia Export / Import Trade Facts Summary

Exports and Trade Summary:

Indonesia's exports were $158 billion in 2010, a rise of 35% from $116.5 billion in 2009. The largest export commodities for 2010 were oil and gas (17.8%), minerals (14.9%), textile and footwear (8.9%), crude palm oil (8.54%), electrical appliances (8.2%), and rubber products (4.7%). 

The top destinations for exports for 2010 were Japan (16.3%), China (11.6%), the U.S. (11.1%), Singapore (8.5%), and Korea (8.3%). Meanwhile, total imports in 2010 were $136 billion, up from $96.83 billion in 2009.

Indonesia is currently the United States' 28th-largest goods trading partner with $23.4 billion in total (two-way) goods trade during 2010. The U.S. trade deficit with Indonesia totaled $9.5 billion in 2010 ($6.9 billion in exports versus $16.5 billion in imports).


U.S. - Indonesia Trade Facts:

U.S. goods and services trade with Indonesia totaled $20 billion in 2009 (latest data available for goods and services trade combined). Exports totaled $6.5 billion; Imports totaled $13 billion. The U.S. goods and services trade deficit with Indonesia was $7 billion in 2009.

Indonesia is currently our 28th largest goods trading partner with $23.4 billion in total (two ways) goods trade during 2010. Goods exports totaled $6.9 billion; Goods imports totaled $16.5 billion. The U.S. goods trade deficit with Indonesia was $9.5 billion in 2010.

Trade in services with Indonesia (exports and imports) totaled $1.8 billion in 2009 (latest data available for services trade). Services exports were $1.4 billion; Services imports were $425 million. The U.S. services trade surplus with Indonesia was $981 million in 2009.

Exports (to Indonesia):

Indonesia was the United States' 32nd largest goods export market in 2010.
U.S. goods exports to Indonesia in 2010 were $6.9 billion, up 35.9% ($1.8 billion) from 2009, and up 147% from 1994 (the year prior to Uruguay Round).

The top export categories (2-digit HS) in 2010 were: Aircraft ($1.7 billion), Miscellaneous Grain, Seed, Fruit (primarily soybeans) ($827 million), Machinery ($678 million), Food Waste and Animal Feed ($425 million), and Electrical Machinery ($307 million).

U.S. exports of agricultural products to Indonesia totaled $2.2 billion in 2010, the 8th largest U.S. Ag export market. Leading categories include: soybeans ($806 million), cotton ($294 million), feeds and fodders (excluding pet food) ($267 million), dairy products ($160 million), and wheat ($130 million).
U.S. exports of private commercial services* (i.e., excluding military and government) to Indonesia were $1.4 billion in 2009 (latest data available), 11.7% ($187 million) less than 2008 but 61% greater than 1994 levels. Other private services category (mostly business, professional, and technical services) accounted for most of the U.S. exports in 2009.

Imports (from Indonesia):

Indonesia was the United States' 24th largest supplier of goods imports in 2010.
U.S. goods imports from Indonesia totaled $16.5 billion in 2010, up 27.3% ($3.5 billion) from 2009, and up 153% over the last 16 years.

The five largest import categories in 2010 were: Knit Apparel ($2.5 billion), Rubber ($2.2 billion), Woven Apparel ($1.9 billion), Electrical Machinery ($1.8 billion), and Mineral Fuel (oil) ($1.1 billion).

U.S. imports of agricultural products from Indonesia totaled $2.9 billion in 2010, the 6th largest supplier of Ag imports. Leading categories include: rubber and allied products ($1.7 billion), cocoa beans ($324 million), coffee (unroasted) ($236 million), spices ($146 million), and cocoa paste and cocoa powder ($123 million).

U.S. imports of private commercial services* (i.e., excluding military and government) were $425 million in 2009 (latest data available), down 18.7% ($98 million) from 2008 and down 4.0% from 1994 levels. Travel and the other Private Services (business, professional, and technical services) category accounted for most of the U.S. services imports from Indonesia.

Trade Balance:

The U.S. goods trade deficit with Indonesia was $9.5 billion in 2010, a 21.7% increase ($1.7 billion) over 2009.  The United States has a services trade surplus of $981 million with Indonesia in 2009 (latest data available).

Investment:

U.S. foreign direct investment (FDI) in Indonesia (stock) was $16.0 billion in 2009 (latest data available), 1.7% decrease from 2008.

U.S. FDI in Indonesia is primarily concentrated in the nonbank holding companies and mining sectors.

Indonesia FDI in the United States (stock) was $256 million in 2009 (latest data available), up 175.3% from 2008.

Sales of services in Indonesia by majority U.S.-owned affiliates were $2.4 billion in 2008 (latest data available), while sales of services in the United States by majority Indonesia-owned firms were $69 million.

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