Indonesia

Indonesia ranked No. 24 in total trade value through April with a total of $9.67 billion. Exports totaled $2.58 billion and Imports totaled $7.08 billion, a deficit of $4.5 billion.

Top Trading Ports

RankPortYTD
1Port of Los Angeles$2.64 B
2Port of Newark$1.06 B
3Port of Savannah, Ga.$793.92 M
4Port of Houston$402.97 M
5Port of Long Beach$386.79 M
6Port of Tacoma, Wash.$372.83 M
7Port of Charleston$369.97 M
8Port of Virginia$366.89 M
9Port of New Orleans$324.73 M
10Port of Oakland, Calif.$272.96 M

U.S. trade with Indonesia rose to $9.67 billion through April

Indonesia’s trade with the United States rose to $9.67 billion through the first four months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.55 percent above its total trade during the same time period last year. U.S. exports to Indonesia decreased 2.44 percent while U.S. imports from Indonesia rose 7.35 percent. The U.S. deficit with Indonesia was $4.5 billion.

Through April, 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 Long Beach. 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 54.63 percent of Indonesia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 3.5 percent to $2.64 billion.
    Exports fell 14.09 percent to $323.53 million. Imports rose 6.54 percent to $2.32 billion.
  • Trade with No. 2 Port of Newark rose 6.07 percent to $1.06 billion.
    Exports rose 12.22 percent to $20.37 million. Imports rose 5.95 percent to $1.03 billion.
  • Trade with No. 3 Port of Savannah, Ga. fell 1.87 percent to $793.92 million.
    Exports fell 28.57 percent to $156.11 million. Imports rose 8.02 percent to $637.8 million.
  • Trade with No. 4 Port of Houston fell 5.52 percent to $402.97 million.
    Exports fell 18.13 percent to $251.23 million. Imports rose 26.81 percent to $151.74 million.
  • Trade with No. 5 Port of Long Beach rose 43.08 percent to $386.79 million.
    Exports rose 52.48 percent to $183.93 million. Imports rose 35.51 percent to $202.86 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 $1.23 trillion, down 70.43 percent compared to the same period last year. The nation’s exports dropped 70.13 percent to $491.46 billion; imports dropped 70.64 percent to $733.63 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $242.17 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 April were the categories of Soybeans; Oil; LNG, other petroleum gases; Cotton; and Wheat, respectively. They accounted for 34.28 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.; Sweaters, pullovers, vests, knit or crocheted; and Leather shoes –– accounted for 18.36 percent of all inbound shipments.

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

  • Soybeans fell 8.79 percent compared to last year to $271 million.
  • Oil rose 599.19 percent compared to last year to $220.15 million.
  • LNG, other petroleum gases fell 66.21 percent compared to last year to $133.05 million.
  • Cotton fell 22.17 percent compared to last year to $131 million.
  • Wheat rose 16.87 percent compared to last year to $130.26 million.

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

  • Shrimp, other crustaceans rose 26.59 percent compared to last year to $314.24 million.
  • Rubber rose 1.71 percent compared to last year to $279.61 million.
  • Prepared, preserved shrimp, lobster, etc. rose 24.17 percent compared to last year to $240.11 million.
  • Sweaters, pullovers, vests, knit or crocheted fell 3.23 percent compared to last year to $238.36 million.
  • Leather shoes fell 4.87 percent compared to last year to $227.75 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.