Indonesia

Total Trade Compared to the same month a year ago

7.46%

Compared to last month

14.41%

Total Exports Compared to the same month a year ago

57.54%

Compared to last month

18.22%

Total Imports Compared to the same month a year ago

-3.16%

Compared to last month

13.15%

RankAmong U.S. trading partners this month

23

Rank 2022 this month

23

Indonesia’s total trade with the United States was $3.63 billion in January, a change of 7.46 percent from the same month one year ago. The change in exports was 57.54 percent and the change in imports was -3.16 percent. Indonesia ranked No. 23 among U.S. trade partners in January. It had ranked No. 23 for the same month last year.

The top three U.S. exports by value in January were LNG, other petroleum gases, (2) Soybeans, and (3) Oil. The top three U.S. imports from Indonesia, also by value, were Miscellaneous electrical machinery, (2) Cell phones, related equipment, and (3) Palm oil. By tonnage, the top three U.S. exports were (1) LNG, other petroleum gases, (2) Soybeans, and (3) Oil. The top three U.S. imports, also by tonnage, were (1) Palm oil, (2) Misc. fatty acids, and (3) Rubber.

Top Trading Ports

Rank Port YTD
1 Port of Los Angeles $733 million
2 Port of Newark $435.1 million
3 Port of Savannah, Ga. $330.2 million
4 Port of Houston $273.3 million
5 Port of Virginia $185 million
6 Port of Long Beach $137.5 million
7 Los Angeles International Airport $134.5 million
8 Port of New Orleans $118.6 million
9 Port of Charleston $117 million
10 Port Freeport, Texas $91.2 million

Overall Rank

EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual
EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual
EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

Top Exports

Rank Commodity YTD
1 LNG, other petroleum gases $180.4 million
2 Soybeans $155.4 million
3 Oil $105.9 million
4 Acyclic hydrocarbons $34 million
5 Civilian aircraft, parts $33.9 million
6 Sugar and starch residues $32.2 million
7 Wood pulp, not dissolving grade $22.6 million
8 Milk, cream, concentrated, sweetened $17.2 million
9 Flour, meal, etc. $13.7 million
10 Cotton $13.2 million

Top Imports

Rank Commodity YTD
1 Miscellaneous electrical machinery $212.8 million
2 Cell phones, related equipment $148.9 million
3 Palm oil $141.6 million
4 Rubber tires $101 million
5 Leather shoes $97 million
6 Shrimp, other crustaceans $75.5 million
7 Women’s or girls’ suits, not knit $74.4 million
8 Furniture, parts $74.2 million
9 Prepared, preserved shrimp, lobster, etc. $72.4 million
10 Athletic, other textile shoes $64.7 million

U.S. trade with Indonesia rose 7.46 percent through January

Indonesia’s trade with the United States increased to $3.63 billion through the first month of 2023, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.46 percent above its total trade during the same month a year ago. U.S. exports to Indonesia increased 57.54 percent while U.S. imports from Indonesia fell 3.16 percent. The U.S. deficit with Indonesia was $1.77 billion.

Through January, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Port of Newark; No. 3 Port of Savannah, Ga.; No. 4 Port of Houston; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 Port of Los Angeles; No. 2 Port of Newark; No. 3 Port of Savannah, Ga.; No. 4 Port of Long Beach and No. 5 Port of New Orleans. In the current time period, the top five accounted for 53.95 percent of Indonesia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 5.5 percent to $732.98 million.
    Exports rose 54.48 percent to $65.62 million. Imports rose 2.32 percent to $667.36 million.
  • Trade with No. 2 Port of Newark rose 13.84 percent to $435.08 million.
    Exports rose 74.53 percent to $7.52 million. Imports rose 13.15 percent to $427.56 million.
  • Trade with No. 3 Port of Savannah, Ga. fell 4.91 percent to $330.2 million.
    Exports fell 24.23 percent to $35.46 million. Imports fell 1.91 percent to $294.74 million.
  • Trade with No. 4 Port of Houston rose 165.14 percent to $273.35 million.
    Exports rose 527.62 percent to $161.82 million. Imports rose 44.25 percent to $111.52 million.
  • Trade with No. 5 Port of Virginia rose 23.34 percent to $184.96 million.
    Exports rose 13.62 percent to $48.56 million. Imports rose 27.22 percent to $136.41 million.

Indonesia ranked No. 23 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 23.

Meanwhile, total U.S. trade with the world increased to $419.84 billion, up 6.16 percent compared to the same period last year. The nation’s exports climbed 12.31 percent to $165.49 billion; imports climbed 2.51 percent to $254.35 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $88.86 billion, down compared to the same period of last year when the deficit was $100.78 billion.

The top five U.S. exports to Indonesia by value through January were the categories of LNG, other petroleum gases; Soybeans; Oil; Acyclic hydrocarbons; and Civilian aircraft, parts, respectively. They accounted for 54.75 percent of total exports to Indonesia.

The value of the top five categories of U.S. imports from Indonesia –– Miscellaneous electrical machinery; Cell phones, related equipment; Palm oil; Rubber tires; and Leather shoes –– accounted for 26.01 percent of all inbound shipments.

Looking more closely at U.S. exports to Indonesia:

  • LNG, other petroleum gases rose 129.76 percent compared to last year to $180.36 million.
  • Soybeans rose 126.82 percent compared to last year to $155.43 million.
  • Oil totaled $105.94 million. The previous year, there were no exports in this category.
  • Acyclic hydrocarbons rose 19959 percent compared to last year to $34 million.
  • Civilian aircraft, parts rose 8497.03 percent compared to last year to $33.89 million.

Looking more closely at U.S. imports from Indonesia:

  • Miscellaneous electrical machinery rose 989.04 percent compared to last year to $212.77 million.
  • Cell phones, related equipment rose 149.02 percent compared to last year to $148.93 million.
  • Palm oil fell 15.53 percent compared to last year to $141.6 million.
  • Rubber tires rose 14.87 percent compared to last year to $100.98 million.
  • Leather shoes rose 2.23 percent compared to last year to $97.02 million.

In the latest annual figures available, Indonesia recorded $44.55 billion in trade with the United States. Total U.S. exports to Indonesia were $ 9.99 billion and imports from Indonesia were $34.57 billion. The U.S. deficit with Indonesia was $24.58 billion.