Valuable Insights of the Indonesia Import Market in 2024

The import market of Indonesia has been growing over the previous few years because of its growing diversification in the import demands and the affordable pricing strategies offered to foreign investors. Indonesia Trade Data says, that the advancement of the artificial techniques used in the industries and the automation of advanced artificial intelligence has not only fostered the export services but has also introduced different variants of other acquisitions in the import necessities; making the country rely on a significant manner on the foreign imported goods for fulfillment of the domestic acquisitions.

The facilitation of trade rates and the attractive investments in the evolution of the transportation sectors have made the country record an annual import trade value of 256 billion US dollars in 2023. Import Globals with its proper information regarding the Indonesia Export Data makes the countries and the beginner business holders understand the valuable aspects of the increasing trade engagement of a particular nation or other competitors in a specific market to help them expand their global reach, recording a pivotal growth of the annual revenue generated.

TOP 10 IMPORTED GOODS OF INDONESIA IN 2024

The attractive trade strategies used by government firms to set up the prices of commodities according to market trends have attracted the attention of different foreign investors worldwide. As per the Indonesia Import Data, the top 10 imported goods of the nation in 2024 are,

  • Mineral Fuels and Oils — The total valuation of the Mineral Fuels and Oils imported in Indonesia in 2024–54 billion US dollars
  • Machinery — The total valuation of the Machinery imported in Indonesia in 2024–43 billion US dollars
  • Electronic Equipment — The total valuation of the Electronic Equipment imported in Indonesia in 2024–37 billion US dollars
  • Iron & Steel Products– The total valuation of the Iron & Steel Products imported in Indonesia in 2024–25 billion US dollars
  • Optical, Photographic & Medical Equipment– The total valuation of the Optical, Photographic & Medical Equipment imported into Indonesia in 2024–22 billion US dollars
  • Plastics– The total valuation of the Plastics imported in Indonesia in 2024–18 billion US dollars
  • Organic Chemicals — The total valuation of the Organic Chemicals imported in Indonesia in 2024–14 billion US dollars
  • Pharmaceuticals Products — The total valuation of the Pharmaceuticals Products imported in Indonesia in 2024–12 billion US dollars
  • Drugs & Medicines — The total valuation of the Drugs & Medicines imported in Indonesia in 2024–9 billion US dollars
  • Vehicles — The total valuation of the Vehicles imported in Indonesia in 2024–7 billion US dollars

TOP 10 IMPORT TRADE PARTNERS OF INDONESIA IN 2024

Due to the nation's strategic location, Indonesia has also ranked as one of the top interests of the foreign investors’ trade hub in 2024. The Indonesia Customs Data enlists the below-mentioned countries as the top 10 import trade partners of the nation in 2024,

  • China — The total valuation of the goods imported in Indonesia from China in 2024–65 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Machinery and Mechanical Appliances
  2. Electrical Machinery
  3. Mineral Fuels and Oils
  4. Iron and Steel
  5. Vehicles
  • Japan — The total valuation of the goods imported in Indonesia from Japan in 2024–54 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Plastics and Plastic Articles
  2. Organic Chemicals
  3. Pharmaceutical Products
  4. Optical, Photographic, and Medical Instruments
  5. Cereals
  • Singapore — The total valuation of the goods imported in Indonesia from Singapore in 2024–38 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Animal and Vegetable Fats and Oils
  2. Pulp of Wood and Paper Products
  3. Textiles and Textile Articles
  4. Footwear
  5. Furniture and Bedding
  • Thailand — The total valuation of the goods imported in Indonesia from Thailand in 2024–29 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Toys, Games, and Sports Equipment
  2. Rubber and Rubber Articles
  3. Glass and Glassware
  4. Ceramic Products
  5. Precious Metals and Stones
  • Malaysia — The total valuation of the goods imported in Indonesia from Malaysia in 2024–27 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Base Metals and Articles
  2. Aircraft and Spacecraft
  3. Ships and Boats
  4. Railway and Tramway Locomotives
  5. Arms and Ammunition
  • South Korea — The total valuation of the goods imported in Indonesia from South Korea in 2024–18 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Photographic and Cinematographic Goods
  2. Musical Instruments
  3. Clocks and Watches
  4. Printed Books and Newspapers
  5. Man-made Filaments and Staple Fibers
  • United States — The total valuation of the goods imported in Indonesia from South Korea in 2024–14 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Dairy Products
  2. Meat and Edible Meat Offal
  3. Fish and Seafood
  4. Vegetables and Fruits
  5. Coffee, Tea, and Spices
  • Germany — The total valuation of the goods imported in Indonesia from Germany in 2024–12 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Cocoa and Cocoa Preparations
  2. Sugars and Sugar Confectionery
  3. Preparations of Cereals and Flour
  4. Vegetables
  5. Beverages
  • Vietnam — The total valuation of the goods imported in Indonesia from Vietnam in 2024–8 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Tobacco
  2. Ores, Slag, and Ash
  3. Inorganic Chemicals
  4. Tanning and Dyeing Extracts
  5. Essential Oils
  • Australia — The total valuation of the goods imported in Indonesia from Australia in 2024–6 billion US dollars

TOP IMPORTED GOODS VARIANTS

  1. Electrical Machinery and Equipment
  2. Animal and Vegetable Fats
  3. Footwear
  4. Glass and Glassware
  5. Ceramic Products

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