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.