Indonesia Imports

Imports to Indonesia decreased by 4.12 percent year-on-year to USD11.14 billion in May of 2016, compared to a 14.62 percent fall in April and market consensus of a 5.92 percent decline. It was the 20th consecutive month of drop. Compared to a month earlier, imports went up 2.98 percent. Purchases of oil and gas increased by 22.50 percent and those of non-oil and gas was up 0.16 percent. Imports rose for consumption goods(+15.37 percent to USD998.5 million) and raw materials (+3.86 percent to USD8.50 billion). In contrast, purchases dropped by 7.14 percent to USD1.65 billion for capital goods. Imports in Indonesia averaged 3125.50 USD Million from 1959 until 2016, reaching an all time high of 17416.99 USD Million in July of 2013 and a record low of 21 USD Million in September of 1959. Imports in Indonesia is reported by the Statistics Indonesia. From 2004 to 2012, imports to Indonesia tripled, as large portion of the population entered middle-class and propelled higher purchases of oil and consumption goods. However, starting in mid-2013, imports have been declining due to low commodity prices and weak domestic consumption and investment. Main imports products are: oil and gas (around 17 percent of total imports), nuclear reactions, boilers, mechanical appliances (19 percent); iron and steel (5.4 percent), organic chemical materials (4.8 percent) and vehicles (4.5 percent). Main import partners are: China (25 percent of the total imports), Japan (11 percent), Singapore (7.6 percent), Thailand (6.8 percent) and the United States (6.4 percent). This page provides the latest reported value for – Indonesia Imports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.