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Trade between India and Indonesia

In 2024, India exported $6 billion to Indonesia and imported $24.4 billion. India ran a deficit of $18.4 billion with Indonesia, compared with a deficit of $10.4 billion in 2019. Indonesia was India’s 8th largest trading partner (3% of its trade), and India was Indonesia’s 5th (6%).

Summary

India → Indonesia
$6billion
Indonesia → India
$24.4billion
India’s balance
-$18.4billion

Balance

India’s trade balance with Indonesia

Trade between India and Indonesia grew 22.3-fold since 1995

USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 6
  • Imports 24.4
  • Balance -18.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$823 million$544 million$279 million
1996$959 million$682 million$278 million
1997$766 million$813 million-$47 million
1998$333 million$889 million-$557 million
1999$349 million$1.1 billion-$735 million
2000$580 million$1.2 billion-$590 million
2001$577 million$1.2 billion-$611 million
2002$846 million$1.5 billion-$687 million
2003$1 billion$2.2 billion-$1.2 billion
2004$1.2 billion$2.7 billion-$1.5 billion
2005$1.4 billion$3.5 billion-$2.1 billion
2006$1.7 billion$4.1 billion-$2.5 billion
2007$1.8 billion$6.1 billion-$4.3 billion
2008$3.2 billion$9.5 billion-$6.4 billion
2009$2.6 billion$9.2 billion-$6.5 billion
2010$3.5 billion$11.1 billion-$7.6 billion
2011$4.9 billion$16.3 billion-$11.4 billion
2012$5.2 billion$14.2 billion-$9.1 billion
2013$4.5 billion$15.2 billion-$10.8 billion
2014$4.3 billion$16.2 billion-$11.9 billion
2015$2.9 billion$15 billion-$12.1 billion
2016$3.3 billion$13.1 billion-$9.8 billion
2017$4.2 billion$17.3 billion-$13.1 billion
2018$5.2 billion$16.1 billion-$10.9 billion
2019$5.1 billion$15.5 billion-$10.4 billion
2020$4.8 billion$12 billion-$7.2 billion
2021$8.4 billion$16.5 billion-$8.1 billion
2022$9.5 billion$28.3 billion-$18.8 billion
2023$7.4 billion$24 billion-$16.6 billion
2024$6 billion$24.4 billion-$18.4 billion

What they sell each other

What India sells to Indonesia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$738 million · 12.2%
    977 thousand tonnes · India’s destinations
  2. Peanuts$311 million · 5.2%
    277 thousand tonnes
  3. Dredgers and floating cranes$229 million · 3.8%
    8 tonnes
  4. Auto parts$216 million · 3.6%
    20 thousand tonnes · India’s destinations
  5. Trucks$178 million · 2.9%
    14 thousand tonnes · India’s destinations
  6. Cars$175 million · 2.9%
    17 thousand tonnes · India’s destinations
  7. Frozen beef$143 million · 2.4%
    44 thousand tonnes
  8. Raw tobacco$130 million · 2.2%
    26 thousand tonnes
  9. Rice$124 million · 2.1%
    251 thousand tonnes · India’s destinations
  10. Synthetic dyes$109 million · 1.8%
    20 thousand tonnes

What Indonesia sells to India

The top 10 headings in 2024, with their share of the total.

  1. Coal$8.4 billion · 34.5%
    110.5 million tonnes · Indonesia’s destinations
  2. Palm oil$4.5 billion · 18.3%
    4.5 million tonnes · Indonesia’s destinations
  3. Copper ore$1.1 billion · 4.6%
    284 thousand tonnes · Indonesia’s destinations
  4. 592 thousand tonnes
  5. Jewelry$890 million · 3.6%
    38 tonnes · Indonesia’s destinations
  6. Coke$746 million · 3.1%
    2.5 million tonnes
  7. Industrial fatty acids$476 million · 2%
    432 thousand tonnes
  8. Aluminum oxide and hydroxide$469 million · 1.9%
    1.1 million tonnes
  9. Ferroalloys$344 million · 1.4%
    184 thousand tonnes · Indonesia’s destinations
  10. Stainless steel sheet$320 million · 1.3%
    200 thousand tonnes

How it travels

Estimated sea route from Nhava Sheva (Mumbai) to Jakarta.

The estimated sea route between Nhava Sheva (Mumbai) and Jakarta is 2,955 nautical miles (5,473 km) long: ≈ 7–9 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$28.4 billion · 93.2%
  2. Air$2.1 billion · 6.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Indonesia was India’s 8th largest trading partner (3% of its trade), and India was Indonesia’s 5th (6%).

Indonesia in India’s trade
2.7%
Indonesia’s rank among India’s partners
8th
India in Indonesia’s trade
5.7%
India’s rank among Indonesia’s partners
5th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.