
Year over year, the overall cost of Indonesian imports slowed to a 5.4% gain from $221.7 billion in 2023.
Based on the average exchange rate for 2024, the Indonesian rupiah depreciated by -4.1% against the US dollar from 2023 to 2024. Indonesia’s weaker local currency made Indonesia’s imports paid for in the comparatively stronger US dollars more expensive when converted starting from the Indonesian rupiah.
Domestically, Indonesia’s average consumer price inflation in 2024 was 2.484% down from an average 3.713% for 2023.
Major Suppliers for Indonesia’s Imported Products
The latest available country-specific data shows that 78.4% of products imported by Indonesia was furnished by exporters in: mainland China (31.1% of the Indonesian total), Singapore (9.2%), Japan (6.4%), United States of America (5.1%), Malaysia (4.7%), Australia (4.5%), Thailand (4.2%), South Korea (4%), Vietnam (2.8%), India (2.4%), Brazil (2.3%) and Saudi Arabia (1.7%).
Applying a continental lens, 73.7% of Indonesia’s total imports by value was purchased from fellow Asian countries. Nations based in Europe supplied 7.7% of import purchases by Indonesia while another 6.2% worth of goods originated from providers located in North America.
Smaller percentages of overall Indonesian imports came from Australia, New Zealand and other Oceanian geographies (5.1%), Africa (4%), then Latin America (3.2%) excluding Mexico but including the Caribbean.
Given Indonesia ‘s population of 281.6 million people, its total $233.7 billion in 2024 imports translates to roughly $830 in yearly product demand from every person in the Asian country. That dollar metric surpasses the average $800 per capita in 2023.
Indonesia’s Top 10 Imports
The following product groups represent the highest dollar value in Indonesia’s import purchases during 2024. Also shown is the percentage share each product category represents in terms of overall imports into Indonesia.
- Mineral fuels including oil: US$40.7 billion (17.4% of total imports)
- Machinery including computers: $33.5 billion (14.3%)
- Electrical machinery, equipment: $27 billion (11.6%)
- Iron, steel: $10.7 billion (4.6%)
- Plastics, plastic articles: $10.6 billion (4.5%)
- Vehicles: $9.7 billion (4.1%)
- Organic chemicals: $7.1 billion (3%)
- Cereals: $6.8 billion (2.9%)
- Gems, precious metals: $4.8 billion (2%)
- Optical, technical, medical apparatus: $4.4 billion (1.9%)
Indonesia’s top 10 import product categories generated about two-thirds (66.4%) of the overall value of its product purchases from other countries.
The leading gainers from 2023 to 2024 among Indonesia’s top 10 import categories were gems and precious metals (up 70.9%) led by gold, optical, technical and medical apparatus (up 9.1%), then cereals (up 1.8%) notably rice.
Decliners among Indonesian imports were the metals iron and steel (down -6.3% from 2023) and vehicles (down -5.3%).
At the more detailed 4-digit level Indonesia’s most valuable imported products are processed petroleum oils (9.2% of the Indonesian total), crude oil (4.4%), phone devices including smartphones (2.8%), unwrought gold (2%), electronic integrated circuits and microassemblies (1.7%), petroleum gases (1.6%), computers including optical readers (1.6%), wheat (1.6%), coal including solid fuels made from coal (also 1.6%), then automobile parts or accessories (1.4%).
Information presented in the sections below is also at the more granular 4-digit level.
Indonesia’s Top Mineral Fuels Imports and Related Products
In 2024, Indonesian importers spent the most on the following 10 subcategories of mineral fuels-related products.
- Processed petroleum oils: US$21.6 billion (up 6.3% from 2023)
- Crude oil: $10.4 billion (down -7.1%)
- Petroleum gases: $3.8 billion (up 3.6%)
- Coal, solid fuels made from coal: $3.6 billion (up 6.3%)
- Petroleum oil residues: $524.2 million (down -24.9%)
- Coke, semi-coke: $512.6 million (down -18.7%)
- Coal tar oils (high temperature distillation): $159.5 million (up 7.8%)
- Electrical energy: $66.9 million (up 10.4%)
- Petroleum jelly, mineral waxes: $28.7 million (down -5.5%)
- Tar pitch, coke: $21 million (down -36.8%)
Among these import subcategories, Indonesia’s purchases of electrical energy (up 10.4%), high-temperature distilled coal tar oils (up 7.8%), then processed petroleum oils (up 6.3%) grew at the fastest pace from 2023 to 2024.
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.
Indonesia’s Top Machinery Imports
In 2024, Indonesian importers spent the most on the following 10 subcategories of machines including computers.
- Computers, optical readers: US$3.7 billion (up 35.4% from 2023)
- Heavy machinery (bulldozers, excavators, road rollers): $2 billion (down -5.8%)
- Miscellaneous machinery: $1.95 billion (up 45.4%)
- Temperature-change machines: $1.57 billion (up 30.4%)
- Centrifuges, filters and purifiers: $1.42 billion (up 10.7%)
- Machinery parts: $1.38 billion (down -2.1%)
- Taps, valves, similar appliances: $1.37 billion (up 5.6%)
- Air or vacuum pumps: $1.18 billion (down -5.2%)
- Liquid pumps and elevators: $1.17 billion (up 2.8%)
- Sort/screen/washing machinery: $1.10 billion (up 3.4%)
Among these import subcategories, Indonesia’s purchases of miscellaneous machinery (up 45.4%), computers including optical readers (up 35.4%), then temperature-change machines (up 30.4%) grew at the fastest pace from 2023 to 2024.
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.
Indonesia’s Top Electrical Product Imports
In 2024, Indonesian importers spent the most on the following 10 subcategories of electronic products including consumer electronics.
- Phone devices including smartphones: US$6.7 billion (up 4% from 2023)
- Integrated circuits/microassemblies: $4.1 billion (up 3%)
- Insulated wire/cable: $1.33 billion (up 2.7%)
- Lower-voltage switches, fuses: $1.29 billion (down -0.4%)
- Electrical converters/power units: $1.21 billion (up 5.1%)
- Electrical/optical circuit boards, panels: $1.1 billion (up 36.5%)
- TV/radio/radar device parts: $935.2 million (up 2.3%)
- Electric storage batteries: $796.6 million (up 13.6%)
- Electrical machinery: $777.3 million (up 61.2%)
- Radar, radio communication items: $668.8 million (up 349.9%)
Among these import subcategories, Indonesia’s purchases of radar and radio communication items (up 349.9%), electrical machinery (up 61.2%), then electrical or optical circuit boards and panels (up 36.5%) grew at the fastest pace from 2023 to 2024.
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.
Indonesia’s Top Iron and Steel Imports
In 2024, Indonesian importers spent the most on the following 10 subcategories of iron and steel as materials.
- Iron or non-alloy steel products (semi-finished): US$1.9 billion (down -12.3% from 2023)
- Iron ferroalloys: $1.7 billion (up 1.5%)
- Hot-rolled iron or non-alloy steel products: $1.6 billion (down -5.5%)
- Flat-rolled other alloy steel products: $1.3 billion (down -10.7%)
- Flat-rolled iron or non-alloy steel products (plated/coated): $1 billion (up 5.5%)
- Cold-rolled iron or non-alloy steel products: $557.3 million (down -18.5%)
- Iron or steel scrap: $464.1 million (down -2%)
- Alloy steel bars, rods: $416.4 million (down -4.3%)
- Flat-rolled stainless steel items: $325.7 million (down -11.7%)
- Iron or non-alloy steel angles, shapes, sections: $214.9 million (down -10.7%)
Among these import subcategories, Indonesia’s purchases of plated or coated flat-rolled iron or non-alloy steel products (up 5.5%) and iron ferroalloys (up 1.5%) grew from 2023 to 2024.
These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported steel and iron among Indonesian businesses and consumers.
See also Indonesia’s Top Trading Partners, Indonesia’s Top 10 Exports, Top Asian Export Countries, Palm Oil Exports by Country and Coal Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook report on East Asia/Southeast Asia: Indonesia. Accessed on July 24, 2025
International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on July 24, 2025
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on July 24, 2025
International Trade Centre, Trade Map. Accessed on July 24, 2025