|2||LNG, other petroleum gases||$281.79 M|
|6||Milk and cream, concentrated or sweetened||$143.33 M|
|7||Sugar and starch residues||$142.61 M|
|8||Chemical wood pulp, not dissolving grade||$87.38 M|
|9||Gasoline, other fuels||$62.61 M|
|10||Misc. aircraft parts||$61.43 M|
|1||Shrimp, other crustaceans||$469.78 M|
|3||Prepared, preserved shrimp, lobster, etc.||$354.31 M|
|4||Leather shoes||$332.14 M|
|5||Palm oil||$318.87 M|
|6||Furniture, parts||$310.76 M|
|7||Athletic, other textile shoes||$302.25 M|
|8||Sweaters, pullovers, vests, knit or crocheted||$298.08 M|
|9||Women's or girls' suits, not knit||$274.17 M|
|10||Rubber tires||$264.58 M|
U.S. trade with Indonesia rose to $13.7 billion through June
Indonesia’s trade with the United States rose to $13.7 billion through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.36 percent below its total trade during the same time period last year. U.S. exports to Indonesia decreased 10.45 percent while U.S. imports from Indonesia rose 0.97 percent. The U.S. deficit with Indonesia was $6.37 billion.
Through June, 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 Tacoma, Wash.. 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 Houston and No. 5 Port of Virginia. In the current time period, the top five accounted for 53.73 percent of Indonesia’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Los Angeles fell 5.36 percent to $3.59 billion.
Exports fell 18.1 percent to $455.4 million. Imports fell 3.17 percent to $3.14 billion.
- Trade with No. 2 Port of Newark fell 3.97 percent to $1.45 billion.
Exports rose 27.83 percent to $30.74 million. Imports fell 4.49 percent to $1.42 billion.
- Trade with No. 3 Port of Savannah, Ga. fell 5.39 percent to $1.17 billion.
Exports fell 32.55 percent to $220.65 million. Imports rose 4.36 percent to $951.07 million.
- Trade with No. 4 Port of Houston fell 4.78 percent to $594.57 million.
Exports fell 12.44 percent to $370.5 million. Imports rose 11.32 percent to $224.07 million.
- Trade with No. 5 Port of Tacoma, Wash. rose 20.01 percent to $550.8 million.
Exports rose 37.61 percent to $142.21 million. Imports rose 14.9 percent to $408.59 million.
Indonesia ranked No. 24 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 27.
Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.
The top five U.S. exports to Indonesia by value through June were the categories of Soybeans; LNG, other petroleum gases; Oil; Wheat; and Cotton, respectively. They accounted for 34.06 percent of total exports to Indonesia.
The value of the top five categories of U.S. imports from Indonesia –– Shrimp, other crustaceans; Rubber; Prepared, preserved shrimp, lobster, etc.; Leather shoes; and Palm oil –– accounted for 18.65 percent of all inbound shipments.
Looking more closely at U.S. exports to Indonesia:
- Soybeans fell 13.47 percent compared to last year to $392.56 million.
- LNG, other petroleum gases fell 48.06 percent compared to last year to $281.79 million.
- Oil rose 688.02 percent compared to last year to $248.12 million.
- Wheat fell 22.49 percent compared to last year to $166.94 million.
- Cotton fell 36.42 percent compared to last year to $158.98 million.
Looking more closely at U.S. imports from Indonesia:
- Shrimp, other crustaceans rose 22.45 percent compared to last year to $469.78 million.
- Rubber fell 8.01 percent compared to last year to $395.52 million.
- Prepared, preserved shrimp, lobster, etc. rose 17.47 percent compared to last year to $354.31 million.
- Leather shoes fell 9.68 percent compared to last year to $332.14 million.
- Palm oil rose 28.02 percent compared to last year to $318.87 million.
In the latest annual figures available, Indonesia recorded $27.91 billion in trade with the United States. Total U.S. exports to Indonesia were $ 7.76 billion and imports from Indonesia were $20.15 billion. The U.S. deficit with Indonesia was $12.39 billion.