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Indonesia

Indonesia ranked No. 26 in total trade value through October with a total of $24.56 billion. Exports totaled $6.96 billion and Imports totaled $17.6 billion, a deficit of $10.64 billion.

January – October 2018

Top Trading Ports

Total Trade: $24.56 billion

RankPortTotal YTD
1Port of Los Angeles $6,372,533,264
2Port of Newark $2,593,919,033
3Port of Savannah, Ga. $1,997,764,327
4Port of Honolulu, Hawaii $1,036,071,188
5Port of Virginia $1,024,909,572
6Port of New Orleans $749,188,021
7Port of Long Beach $728,687,084
8Port of Charleston $709,747,428
9Port of Houston $697,411,638
10Port of Tacoma, Wash. $694,636,612

U.S. trade with Indonesia rose to $24.56 billion through October

Indonesia’s trade with the United States rose to $24.56 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.06 percent above its total trade during the same time period last year. Indonesia’s exports increased 24.05 percent while imports rose 4.09 percent. The U.S. deficit with Indonesia was $10.64 billion.

Through October, 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 Honolulu, Hawaii; 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 Virginia and No. 5 Port of Long Beach. In the current time period, the top five accounted for 53.04 percent of Indonesia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 11.35 percent to $6.37 billion.
    Exports rose 18.83 percent to $1.11 billion. Imports rose 9.89 percent to $5.26 billion.
  • Trade with No. 2 Port of Newark rose 1.39 percent to $2.59 billion.
    Exports rose 30.23 percent to $89.81 million. Imports rose 0.59 percent to $2.5 billion.
  • Trade with No. 3 Port of Savannah, Ga. fell 8.55 percent to $2 billion.
    Exports rose 8.82 percent to $470.98 million. Imports fell 12.85 percent to $1.53 billion.
  • Trade with No. 4 Port of Honolulu, Hawaii rose 66.07 percent to $1.04 billion.
    Exports fell 57.44 percent to $378,435. Imports rose 66.25 percent to $1.04 billion.
  • Trade with No. 5 Port of Virginia fell 8.21 percent to $1.02 billion.
    Exports rose 18.17 percent to $456.18 million. Imports fell 22.15 percent to $568.73 million.

Indonesia ranked No. 26 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 26.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Indonesia by value through October were the categories of Soybeans; Petroleum gases, other gaseous hydrocarbons; Cotton; Civilian aircraft, parts; and Sugar and starch residues, respectively. They accounted for 39.18 percent of total exports to Indonesia.

The value of the top five categories of U.S. imports from Indonesia –– Oil; Rubber; Shrimp, other crustaceans; Sweaters, pullovers, vests, knit or crocheted; and Shoes made of textile –– accounted for 22.06 percent of all inbound shipments.

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

  • Soybeans rose 8.37 percent compared to last year to $848.98 million.
  • Petroleum gases, other gaseous hydrocarbons rose 305.87 percent compared to last year to $636.38 million.
  • Cotton rose 30.43 percent compared to last year to $562.06 million.
  • Civilian aircraft, parts rose 35 percent compared to last year to $477.21 million.
  • Sugar and starch residues fell 5.46 percent compared to last year to $201.96 million.

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

  • Oil rose 70.75 percent compared to last year to $968.15 million.
  • Rubber fell 13.81 percent compared to last year to $812.86 million.
  • Shrimp, other crustaceans rose 0.14 percent compared to last year to $767.59 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 0.71 percent compared to last year to $763.5 million.
  • Shoes made of textile rose 22.37 percent compared to last year to $569.37 million.

In the latest annual figures available, Indonesia recorded $27.08 billion in trade with the United States. At year’s end, its were Los Angeles; New York City; Atlanta/Savannah; New Orleans; and Norfolk. Total U.S. exports to Indonesia were $ 6.87 billion and imports from Indonesia were $20.21 billion. The U.S. deficit with Indonesia was $13.34 billion.