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Trade between Indonesia and Switzerland

In 2024, Indonesia exported $1.9 billion to Switzerland and imported $737 million. Indonesia ran a surplus of $1.2 billion with Switzerland, compared with a surplus of $346 million in 2019. Switzerland was Indonesia’s 30th largest trading partner (0.5% of its trade), and Indonesia was Switzerland’s 44th (0.3%).

Summary

Indonesia → Switzerland
$1.9billion
Switzerland → Indonesia
$737million
Indonesia’s balance
$1.2billion

Balance

Indonesia’s trade balance with Switzerland

Trade between Indonesia and Switzerland grew 4.9-fold since 1995

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

  • Exports 1.9
  • Imports 0.7
  • Balance +1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$106 million$440 million-$335 million
1996$112 million$458 million-$346 million
1997$141 million$376 million-$235 million
1998$221 million$235 million-$14 million
1999$161 million$146 million$16 million
2000$172 million$204 million-$32 million
2001$169 million$195 million-$26 million
2002$122 million$218 million-$96 million
2003$209 million$258 million-$49 million
2004$238 million$292 million-$54 million
2005$222 million$342 million-$120 million
2006$317 million$319 million-$2 million
2007$414 million$388 million$26 million
2008$555 million$582 million-$26 million
2009$297 million$450 million-$153 million
2010$269 million$483 million-$214 million
2011$238 million$634 million-$396 million
2012$286 million$566 million-$280 million
2013$323 million$737 million-$414 million
2014$339 million$742 million-$403 million
2015$1.4 billion$674 million$692 million
2016$2.4 billion$713 million$1.7 billion
2017$1.5 billion$738 million$746 million
2018$905 million$802 million$103 million
2019$1 billion$691 million$346 million
2020$2.8 billion$730 million$2.1 billion
2021$1.7 billion$639 million$1.1 billion
2022$2.2 billion$816 million$1.4 billion
2023$2.7 billion$732 million$2 billion
2024$1.9 billion$737 million$1.2 billion

What they sell each other

What Indonesia sells to Switzerland

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

  1. Precious metal scrap$1.4 billion · 73.3%
    19 tonnes
  2. Leather footwear$63 million · 3.3%
    689 tonnes
  3. Textile footwear$38 million · 2%
    413 tonnes
  4. Rubber and plastic footwear$33 million · 1.7%
    385 tonnes
  5. Coffee$25 million · 1.3%
    3 thousand tonnes · Indonesia’s destinations
  6. Bags, suitcases and cases$21 million · 1.1%
    329 tonnes
  7. Essential oils$20 million · 1%
    306 tonnes
  8. 204 tonnes
  9. Gold$17 million · 0.88%
    Switzerland’s sources
  10. Women's suits and dresses$15 million · 0.78%
    166 tonnes

What Switzerland sells to Indonesia

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

  1. Gold$160 million · 21.7%
    1 tonne · Switzerland’s destinations
  2. Other wristwatches$44 million · 6%
    13 tonnes
  3. Precious metal watches$36 million · 5%
    9 tonnes
  4. Turbojets and gas turbines$20 million · 2.7%
    42 tonnes
  5. 75 tonnes · Switzerland’s destinations
  6. 440 tonnes
  7. Fragrance mixtures$15 million · 2.1%
    305 tonnes
  8. Printing and writing inks$15 million · 2%
    52 tonnes
  9. Semi-finished steel$15 million · 2%
    30 thousand tonnes
  10. Vaccines, blood and antisera$14 million · 1.9%
    35 tonnes · Switzerland’s destinations

How it travels

Indonesia and Switzerland traded $2.7 billion in 2024 (both directions together). They trade mostly by air: 87% of the value travels by plane.

Split by transport mode

  1. Sea$344 million · 12.9%
  2. Air$2.3 billion · 87.1%

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

How much each matters to the other

Switzerland was Indonesia’s 30th largest trading partner (0.5% of its trade), and Indonesia was Switzerland’s 44th (0.3%).

Switzerland in Indonesia’s trade
0.5%
Switzerland’s rank among Indonesia’s partners
30th
Indonesia in Switzerland’s trade
0.3%
Indonesia’s rank among Switzerland’s partners
44th

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.