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Trade between Indonesia and Russia

In 2024, Indonesia exported $1.7 billion to Russia and imported $2.2 billion. Indonesia ran a deficit of $500 million with Russia, compared with a surplus of $529 million in 2019. Russia was Indonesia’s 21st largest trading partner (0.8% of its trade), and Indonesia was Russia’s 24th (0.7%).

Summary

Indonesia → Russia
$1.7billion
Russia → Indonesia
$2.2billion
Indonesia’s balance
-$500million

Balance

Indonesia’s trade balance with Russia

Trade between Indonesia and Russia grew 7-fold since 1995

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

  • Exports 1.7
  • Imports 2.2
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$134 million$438 million-$304 million
1996$144 million$356 million-$212 million
1997$133 million$298 million-$165 million
1998$97 million$115 million-$18 million
1999$57 million$55 million$2 million
2000$85 million$102 million-$16 million
2001$105 million$136 million-$31 million
2002$163 million$143 million$20 million
2003$187 million$123 million$64 million
2004$233 million$291 million-$58 million
2005$394 million$436 million-$42 million
2006$460 million$405 million$55 million
2007$704 million$475 million$229 million
2008$841 million$1 billion-$197 million
2009$680 million$476 million$204 million
2010$1 billion$998 million$44 million
2011$1.5 billion$1.2 billion$325 million
2012$1.5 billion$2 billion-$468 million
2013$1.7 billion$2.3 billion-$580 million
2014$1.7 billion$1.3 billion$393 million
2015$1.6 billion$799 million$805 million
2016$1.9 billion$848 million$1.1 billion
2017$2.1 billion$1.4 billion$619 million
2018$1.7 billion$1.4 billion$292 million
2019$1.6 billion$1.1 billion$529 million
2020$1.7 billion$906 million$818 million
2021$2.5 billion$1.1 billion$1.4 billion
2022$1.5 billion$2.2 billion-$699 million
2023$913 million$2.4 billion-$1.5 billion
2024$1.7 billion$2.2 billion-$500 million

What they sell each other

What Indonesia sells to Russia

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

  1. Palm oil$538 million · 30.9%
    570 thousand tonnes · Indonesia’s destinations
  2. Aluminum oxide and hydroxide$426 million · 24.5%
    919 thousand tonnes
  3. Coconut and palm kernel oil$168 million · 9.6%
    123 thousand tonnes
  4. Coffee$105 million · 6%
    21 thousand tonnes · Indonesia’s destinations
  5. Cocoa butter$92 million · 5.3%
    7 thousand tonnes
  6. Natural rubber$49 million · 2.8%
    28 thousand tonnes · Indonesia’s destinations
  7. Cocoa powder$48 million · 2.8%
    11 thousand tonnes
  8. Leather footwear$25 million · 1.4%
    796 tonnes
  9. Margarine$24 million · 1.4%
    19 thousand tonnes
  10. 5 thousand tonnes

What Russia sells to Indonesia

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

  1. Coal$875 million · 39%
    5.3 million tonnes · Russia’s destinations
  2. Wheat$376 million · 16.8%
    1.4 million tonnes · Russia’s destinations
  3. Potash fertilizers$355 million · 15.8%
    1.2 million tonnes
  4. Semi-finished steel$232 million · 10.4%
    479 thousand tonnes
  5. Refined petroleum$210 million · 9.4%
    360 thousand tonnes · Russia’s destinations
  6. Mixed fertilizers$94 million · 4.2%
    193 thousand tonnes
  7. Asbestos$27 million · 1.2%
    46 thousand tonnes
  8. Unwrought aluminum$16 million · 0.71%
    6 thousand tonnes · Russia’s destinations
  9. 16 thousand tonnes
  10. Frozen fish$9 million · 0.4%
    2 thousand tonnes

How it travels

Estimated sea route from Jakarta to Saint Petersburg.

The estimated sea route between Jakarta and Saint Petersburg is 13,016 nautical miles (24,106 km) long: ≈ 30–38.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope, the Strait of Dover and the Øresund (13,016 nautical miles); and 15% via the Bab-el-Mandeb Strait, the Suez Canal, the Strait of Gibraltar, the Strait of Dover and the Øresund (10,307 nautical miles).

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$4 billion · 99.7%
  2. Air$12 million · 0.31%

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

How much each matters to the other

Russia was Indonesia’s 21st largest trading partner (0.8% of its trade), and Indonesia was Russia’s 24th (0.7%).

Russia in Indonesia’s trade
0.8%
Russia’s rank among Indonesia’s partners
21st
Indonesia in Russia’s trade
0.7%
Indonesia’s rank among Russia’s partners
24th

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.