Top 10 Countries Contributing to Indonesia's Imports as of August 2024

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Erlina Fury Santika 04/11/2024 20:40 WIB

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BPS data shows that Indonesia's import value reached US$20.66 billion in August 2024. China was the largest contributor, accounting for 30.40%.

Proportion of Import Contributions Based on the Top 10 Source Countries (January–August 2024)

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Proportion of Import Contributions Based on the Top 10 Source Countries (January–August 2024)

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Data from Indonesia's Central Statistics Agency (BPS) shows that total imports reached US$20.66 billion in August 2024. This figure is down US$1.07 billion or 4.93% compared to the previous month (month-to-month/mtm).

Not only the value, but the import volume also decreased by 8.51% (mtm) to 20.48 million tons in the same period.

BPS explains that there are 10 main countries of origin that meet Indonesia's import needs during January-August 2024. These 10 countries contributed 73.56% of Indonesia's total imports.

China holds the top position with a proportion of 30.40% of Indonesia's total imports.

Second is Singapore at 9.62%. Third is Japan, at 6.17%.

The United States is in fourth place with a 5.21% import contribution. Fifth is Australia, at 4.71%.

Following are Malaysia, Vietnam, and Taiwan, with details shown below and in the graph.

Based on country groups, the largest share comes from other Asia-Pacific Economic Cooperation (APEC) members at US$74.42 billion (48.95%), followed by the Association of Southeast Asian Nations (ASEAN) at US$34.17 billion (22.48%).

Here are the top 10 countries of origin with the highest import contributions to Indonesia:

* China 30.40%
* Singapore 9.62%
* Japan 6.17%
* United States 5.21%
* Australia 4.71%
* Malaysia 4.58%
* Thailand 4.34%
* South Korea 4.05%
* Vietnam 2.74%
* Taiwan 1.74%
* Others 26.44%

(Also read: Indonesia's Trade Balance Remains Surplus in September 2024)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."