Indonesia is the US's 5th largest trading partner in ASEAN.

Trade

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Viva Budy Kusnandar 17/05/2022 16:00 WIB

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Cumulatively, the value of trade between ASEAN and the US reached US$364.45 billion throughout 2021.

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Indonesia is the US's 5th largest trading partner in ASEAN.

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ASEAN-United States Trade Value (2021)

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The United States (US) is a major trading partner for the Association of Southeast Asian Nations (ASEAN) member countries.

In 2021, total trade between ASEAN and the US reached US$364.45 billion. This comprised ASEAN exports to the US valued at US$255.12 billion, and ASEAN imports from the US valued at US$109.34 billion.

By country, Vietnam led ASEAN-US trade with a total value of US$111.44 billion last year, representing 30.58% of total ASEAN-US trade.

Singapore followed with US$78.66 billion in trade, followed by Thailand at US$56.3 billion and Malaysia at US$52.37 billion.

Indonesia's trade with the US ranked fifth at US$37.02 billion in 2021, consisting of Indonesian exports to the US of US$25.77 billion and imports from the US of US$11.25 billion.

Brunei Darussalam's trade with the US was the smallest among the ten ASEAN countries, reaching only US$0.23 billion last year. Laos followed with US$0.33 billion in trade with the US.

Last week, President Joko Widodo visited the US for a meeting of ASEAN leaders with US President Joe Biden during the Special ASEAN-US Summit held on May 12-13, 2022.

Editor : Adi Ahdiat

"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."