Indonesia
U.S. Trade with Indonesia in 2023
Export Market Rank
#11 Among U.S. Agricultural Export Markets
Total Export Value
$3.03 Billion
3-Year Average
$3.07 Billion
Compound Average Growth
0.39% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Indonesia in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $1.25 Billion | 2.1 Million | $1 Billion | 21% |
Other Feeds, Meals & Fodders | $306.16 Million | 415,140 | $295.13 Million | -6% |
Dairy Products | $304.85 Million | 120,357 | $257.59 Million | 11% |
Distillers Grains | $298.46 Million | 930,506 | $166.54 Million | 334% |
Cotton | $196.11 Million | 90,712 | $338.04 Million | -40% |
Soybean Meal | $105.54 Million | 213,626 | $52.29 Million | 109% |
Wheat | $85.23 Million | 286,082 | $188.92 Million | -67% |
Beef & Beef Products | $80.85 Million | 17,696 | $67.36 Million | 201% |
Other Intermediate Products | $64.03 Million | 157,604 | $48.44 Million | 17% |
Tobacco | $40.67 Million | 4,566 | $52.83 Million | -46% |
Data and Analysis
Attaché Report (GAIN)
Indonesia: Indonesian Quarantine Agency Notifies WTO on Requirements to Submit Prior Notice for the Export of All Agricultural Commodities
On July 4, 2024, the Indonesian Quarantine Agency (IQA) notified the World Trade Organization (WTO) of their plans to issue a new regulation regarding Quarantine Documents and Seals under notification number G/SPS/N/IDN/149.
Indonesia palm oil exports are estimated to decline to 26.5 million metric tons (MMT) in 2023/24 on lower output and weaker demand from key destination markets. Post revised down 2023/24 palm oil production to 45.6 MMT as 2023’s El Nino led to much lower yields than previously anticipated.
Driven mainly by higher demand from feed mills, higher consumption of flour-based food during the consecutive religious festivities and general election, as well as demand for alternative staples cheaper than rice and trending flour-based foods, Indonesian wheat imports in 2023/24 are estimated to break record levels at 12.6 million metric tons (MMT).
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News and Features
Leaders from three state agriculture departments and 29 U.S. agribusinesses and organizations will accompany U.S. Department of Agriculture Under Secretary Alexis M. Taylor on a trade mission to Southeast Asia October 30 – November 3 to expand export opportunities for U.S. food and farm products to the Association of Southeast Asian Nations (ASEAN), the world’s fourth-largest market.
Deputy Secretary Jewel Bronaugh traveled to Bali Sept. 27-29 to attend the G20 Agriculture Ministers’ Meeting, making the case for joint action on food security, climate, agricultural innovation, sustainable productivity growth, and closer global integration through trade.
Throughout 2021, FAS was proud to support USDA's efforts to create more and better markets for U.S. agriculture, to address the climate crisis, and to promote nutrition and food security.