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Where does Indonesia get its iron ore? Import sources 2024

In 2024, Indonesia imported $1.5 billion of iron ore (13.8 million tonnes), 0.9% of the world total. Australia sold 71% of the total, followed by Brazil (14%) and India (6%). Indonesia was the world’s 9th-largest importer of iron ore.

Summary

Value
$1.5billion
Tonnes
13.8million tonnes
Share of world total
0.9%
World rank
9th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Australia1.1Tonnes: 9,818,226USD per tonne: $10770.8%Sea
Brazil0.21Tonnes: 1,850,444USD per tonne: $11214%Sea
India0.08Tonnes: 733,815USD per tonne: $1155.7%Sea
United States0.03Tonnes: 199,611USD per tonne: $1371.8%Sea
Mauritania0.02Tonnes: 177,797USD per tonne: $1181.4%Sea
China0.02Tonnes: 210,463USD per tonne: $931.3%Sea
Malaysia0.02Tonnes: 265,624USD per tonne: $581%Sea
South Africa0.01Tonnes: 123,777USD per tonne: $1160.96%Sea
Canada0.01Tonnes: 104,214USD per tonne: $1310.92%Sea
Mali0.01Tonnes: 103,444USD per tonne: $900.63%Sea
United Arab Emirates0.01Tonnes: 76,472USD per tonne: $1170.6%Sea
Egypt< 0.01Tonnes: 38,400USD per tonne: $1170.3%Sea
Oman< 0.01Tonnes: 40,600USD per tonne: $1060.29%Sea
Algeria< 0.01Tonnes: 16,000USD per tonne: $1140.12%Sea
Sweden< 0.01Tonnes: 1,067USD per tonne: $3750.03%Sea
Netherlands re-exports< 0.01Tonnes: 1,572USD per tonne: $1110.01%Sea
Japan< 0.01Tonnes: 236USD per tonne: $5750.01%Sea
Mauritius< 0.01Tonnes: 250USD per tonne: $2330%Sea
South Korea< 0.01Tonnes: 10USD per tonne: $6650%Sea
Singapore re-exports< 0.01Tonnes: 9USD per tonne: $840%Sea

Trend

Who it buys from

Australia has been its main source since 2014

Value in USD billions. The five largest sources in 2024.

  • Australia 1.1
  • Brazil 0.21
  • India 0.08
  • United States 0.03
  • Mauritania 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
Australia< 0.011.1
Brazil0.080.21
India0.020.08
United States< 0.010.03
Mauritania00.02

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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