globaltraffic.earth

Trade between Indonesia and Singapore

In 2024, Indonesia exported $15.1 billion to Singapore and imported $20.9 billion. Indonesia ran a deficit of $5.7 billion with Singapore, compared with a deficit of $2.6 billion in 2019. Singapore was Indonesia’s 4th largest trading partner (7% of its trade), and Indonesia was Singapore’s 7th (5%).

Summary

Indonesia → Singapore
$15.1billion
Singapore → Indonesia
$20.9billion
Indonesia’s balance
-$5.7billion

Balance

Indonesia’s trade balance with Singapore

Trade between Indonesia and Singapore grew 5.9-fold since 1995

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

  • Exports 15.1
  • Imports 20.9
  • Balance -5.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.8 billion$2.4 billion$1.4 billion
1996$4.6 billion$2.9 billion$1.7 billion
1997$4.8 billion$3.4 billion$1.4 billion
1998$5 billion$2.5 billion$2.5 billion
1999$4.8 billion$2.5 billion$2.3 billion
2000$6.6 billion$3.8 billion$2.8 billion
2001$5.4 billion$3.1 billion$2.2 billion
2002$5.3 billion$4.1 billion$1.2 billion
2003$8.8 billion$5.1 billion$3.8 billion
2004$10 billion$7 billion$3 billion
2005$9.9 billion$10.5 billion-$677 million
2006$12.6 billion$11.2 billion$1.4 billion
2007$14.8 billion$11.9 billion$2.9 billion
2008$14.7 billion$23.4 billion-$8.6 billion
2009$13.7 billion$16.4 billion-$2.7 billion
2010$14.9 billion$21.2 billion-$6.3 billion
2011$17.6 billion$27.2 billion-$9.6 billion
2012$19.6 billion$26.9 billion-$7.3 billion
2013$19 billion$26.2 billion-$7.2 billion
2014$19.1 billion$26.1 billion-$7 billion
2015$15.7 billion$19.2 billion-$3.5 billion
2016$14 billion$15.6 billion-$1.5 billion
2017$15.6 billion$18.9 billion-$3.3 billion
2018$14.9 billion$21.9 billion-$7.1 billion
2019$15.1 billion$17.7 billion-$2.6 billion
2020$13.6 billion$12.4 billion$1.2 billion
2021$14.6 billion$15.5 billion-$951 million
2022$17.5 billion$19.3 billion-$1.8 billion
2023$15.8 billion$18.9 billion-$3.1 billion
2024$15.1 billion$20.9 billion-$5.7 billion

What they sell each other

What Indonesia sells to Singapore

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

  1. Refined petroleum$2 billion · 13.1%
    3.4 million tonnes · Indonesia’s destinations
  2. Natural gas and LPG$1.6 billion · 10.8%
    3.3 million tonnes
  3. Other electrical devices$1.2 billion · 8.2%
    10 thousand tonnes
  4. Gold$841 million · 5.6%
    11 tonnes · Singapore’s sources
  5. Petroleum coke and bitumen$530 million · 3.5%
    866 thousand tonnes
  6. Cameras and broadcast equipment$387 million · 2.6%
    872 tonnes
  7. Capacitors$365 million · 2.4%
    5 thousand tonnes
  8. Cables and wire$353 million · 2.3%
    19 thousand tonnes · Indonesia’s destinations
  9. Microchips$270 million · 1.8%
    1 thousand tonnes · Singapore’s sources
  10. Transformers and power supplies$246 million · 1.6%
    7 thousand tonnes

What Singapore sells to Indonesia

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

  1. Refined petroleum$10.5 billion · 50.4%
    15 million tonnes · Singapore’s destinations
  2. Gold$542 million · 2.6%
    8 tonnes · Singapore’s destinations
  3. Computer and office machine parts$530 million · 2.5%
    11 thousand tonnes
  4. Computers$528 million · 2.5%
    1 thousand tonnes · Singapore’s destinations
  5. Cyclic hydrocarbons$485 million · 2.3%
    522 thousand tonnes
  6. Open-chain hydrocarbons$343 million · 1.6%
    334 thousand tonnes
  7. Petroleum coke and bitumen$328 million · 1.6%
    772 thousand tonnes
  8. Polypropylene$320 million · 1.5%
    272 thousand tonnes · Singapore’s destinations
  9. Radar, GPS receivers and remote controls$315 million · 1.5%
    94 tonnes
  10. Polyethylene$308 million · 1.5%
    276 thousand tonnes · Singapore’s destinations

How it travels

Estimated sea route from Jakarta to Singapore.

The estimated sea route between Jakarta and Singapore is 528 nautical miles (979 km) long: ≈ 1–1.5 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$26.8 billion · 74.4%
  2. Air$9.2 billion · 25.6%

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

How much each matters to the other

Singapore was Indonesia’s 4th largest trading partner (7% of its trade), and Indonesia was Singapore’s 7th (5%).

Singapore in Indonesia’s trade
6.7%
Singapore’s rank among Indonesia’s partners
4th
Indonesia in Singapore’s trade
4.6%
Indonesia’s rank among Singapore’s partners
7th

Compare with

Other partners of Indonesia

Other partners of Singapore

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.

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