Indonesia’s Top 10 Imports

Jakarta, Indonesia

Jakarta, Indonesia

Indonesia imported US$188.7 billion worth of goods from around the globe in 2018, up by 5.9% since 2014 and up by 19.9% from 2017 to 2018.

Indonesian imports represent approximately 1.1% of total global imports which totaled $17.788 trillion one year earlier.

From a continental perspective, 74.9% of Indonesia’s total imports by value in 2018 were purchased from fellow Asian countries. European nations supplied 9.5% of import purchases by Indonesia while 6.5% worth of goods originated from North America. Smaller percentages of overall Indonesian imports came from Australia and other Oceanian geographies (3.6%), Africa (3.4%) then Latin America (2%) excluding Mexico but including the Caribbean.

Given Indonesia ‘s population of 262.8 million people, its total $188.7 billion in 2018 imports translates to roughly $720 in yearly product demand from every person in the Asian country.

Indonesia’s Top 10 Imports

Top 10

The following product groups represent the highest dollar value in Indonesia’s import purchases during 2018. Also shown is the percentage share each product category represents in terms of overall imports into Indonesia.

  1. Mineral fuels including oil: US$31.6 billion (16.7% of total imports)
  2. Machinery including computers: $27.2 billion (14.4%)
  3. Electrical machinery, equipment: $21.4 billion (11.4%)
  4. Iron, steel: $10.2 billion (5.4%)
  5. Plastics, plastic articles: $9.2 billion (4.9%)
  6. Vehicles: $8.1 billion (4.3%)
  7. Organic chemicals: $6.9 billion (3.7%)
  8. Articles of iron or steel: $3.9 billion (2.1%)
  9. Cereals: $3.8 billion (2%)
  10. Food industry waste, animal fodder: $3.1 billion (1.6%)

Indonesia’s top 10 imports accounted for two-thirds (66.5%) of the overall value of its product purchases from other countries.

Articles made from iron or steel were the fastest-growing among Indonesia’s top 10 import categories, up by 55.6% from 2017 to 2018.

In second place was machinery including computers (up by 35.8%) followed by Indonesia’s imports under the vehicles and electrical machinery and equipment categories both of which rose 30.8% year over year.

The sole decliner among Indonesia’s top imports was cereals (down -4.2%), weighed down by slower purchases of wheat and barley.

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level. Information presented under other virtual folder tabs is at the more granular 4-digit level.

At the more detailed Harmonized Tariff System (HTS) code level, Indonesia’s highest value imported products are processed petroleum oils followed by crude oil, mobile phones, automobile parts or accessories, petroleum gases, wheat, computers including optical readers then gold.

Fuel

In 2018, Indonesian importers spent the most on the following 10 subcategories of mineral fuels-related products.

  1. Processed petroleum oils: US$17.1 billion (up 14.4% from 2017)
  2. Crude oil: $9.2 billion (up 11.3%)
  3. Petroleum gases: $3.1 billion (up 5.8%)
  4. Coal, solid fuels made from coal: $899.5 million (up 5.1%)
  5. Coal tar oils (high temperature distillation): $511.4 million (up 32.9%)
  6. Petroleum oil residues: $460.1 million (up 0.3%)
  7. Coke, semi-coke: $165.5 million (up 33.5%)
  8. Electrical energy: $106.6 million (up 18508.7%)
  9. Petroleum jelly, mineral waxes: $34.2 million (up 3.5%)
  10. Tar pitch, coke: $24.6 million (up 95.6%)

Among these import subcategories, Indonesian purchases of electrical energy (up 18,509%), tar pitch (up 95.6%) and coke or semi-coke (up 33.5%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported fuel among Indonesian businesses and consumers.

Machinery

In 2018, Indonesian importers spent the most on the following 10 subcategories of machines including computers.

  1. Computers, optical readers: US$2.4 billion (up 28.9% from 2017)
  2. Heavy machinery (bulldozers, excavators, road rollers): $1.6 billion (up 54.7%)
  3. Liquid pumps and elevators: $1.2 billion (up 51.9%)
  4. Machinery parts: $1.1 billion (up 42.9%)
  5. Centrifuges, filters and purifiers: $1.1 billion (up 76.7%)
  6. Printing machinery: $1.1 billion (down -0.6%)
  7. Miscellaneous machinery: $1 billion (up 18.1%)
  8. Taps, valves, similar appliances: $870.7 million (up 30.6%)
  9. Vapour-based boilers: $852 million (up 217.7%)
  10. Piston engine parts: $846.9 million (up 31.1%)

Among these import subcategories, Indonesian purchases of vapour-based boilers (up 217.7%), centrifuges, filters and purifiers (up 76.7%) then heavy machinery including bulldozers, excavators and road rollers (up 54.7%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among Indonesian businesses and consumers.

Electronics

In 2018, Indonesian importers spent the most on the following 10 subcategories of electronic products including consumer electronics.

  1. Phone system devices including smartphones: US$5.8 billion (up 30.8% from 2017)
  2. Integrated circuits/microassemblies: $1.9 billion (up 36.8%)
  3. TV/radio/radar device parts: $1.3 billion (up 30.8%)
  4. Lower-voltage switches, fuses: $1.2 billion (up 21.2%)
  5. Insulated wire/cable: $1.1 billion (up 23.8%)
  6. Electric generating sets, converters: $971.5 million (up 27.9%)
  7. Electrical converters/power units: $938.7 million (up 50.5%)
  8. Electrical/optical circuit boards, panels: $633.2 million (up 71.3%)
  9. Electric motors, generators: $473.9 million (up 39.1%)
  10. Solar power diodes/semi-conductors: $460.2 million (up 22.1%)

Among these import subcategories, Indonesian purchases of phone system devices including smartphones (up 30.8%), electrical or optical circuit boards and panels (up 71.3%) then electrical converters or power units (up 50.5%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Indonesian businesses and consumers.

Iron

In 2018, Indonesian importers spent the most on the following 10 subcategories of iron and steel.

  1. Iron or non-alloy steel products (semi-finished): US$2 billion (down -2.1% from 2017)
  2. Flat-rolled other alloy steel products: $1.5 billion (up 41.8%)
  3. Iron ferroalloys: $1.1 billion (up 217.6%)
  4. Iron or steel scrap: $932.5 million (up 28.3%)
  5. Hot-rolled iron or non-alloy steel products: $859.9 million (up 1.3%)
  6. Flat-rolled iron or non-alloy steel products (plated/coated): $653.4 million (down -5.2%)
  7. Cold-rolled iron or non-alloy steel products: $575.5 million (up 1.3%)
  8. Flat-rolled stainless steel items: $492.7 million (up 28.2%)
  9. Alloy steel bars, rods: $434.4 million (up 31.3%)
  10. Coiled other alloy steel bars, rods: $380.1 million (up 3.1%)

Among these import subcategories, Indonesian purchases of iron ferroalloys (up 217.6%), flat-rolled other alloy steel products (up 41.8%) then alloy steel bars or rods (up 31.3%) grew at the fastest pace from 2017 to 2018.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported iron or steel among Indonesian businesses and consumers.



 

See also Indonesia’s Top Trading Partners, Indonesia’s Top 10 Exports and Top Asian Export Countries

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 16, 2019

The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on March 16, 2019

Trade Map, International Trade Centre. Accessed on March 16, 2019