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%

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Data and Analysis

Attaché Report (GAIN)

Indonesia: Grain and Feed Update

Indonesia’s 2024/25 wheat imports are forecast to decline 8 percent from 2023/24, when higher demand from feed mills, consumption of wheat flour-based food from major events in early 2024, and demand for cheaper alternatives to rice drove wheat imports up to new record highs.
Attaché Report (GAIN)

Indonesia: Oilseeds and Products Update

Indonesia’s B40 biodiesel blending mandate program, which is expected to roll out in 2025, is projected to increase palm oil use by 3 percent to 22 million metric tons in 2024/25. Soybean consumption recovered in 2023/24 as soybean retail prices continue to decrease.
Indonesia’s National Agency of Drug and Food Control (BPOM) has drafted a new regulation that would mandate the use of a “Nutri-Level” front-of-pack labeling system for sugar, salt, and fat (SSF) content and set maximum SSF levels.

News and Features

Fi Asia is a USDA-endorsed regional trade show that brings together food ingredient manufacturers from many countries. The annual event serves as a platform for networking, knowledge sharing, and exploring new business opportunities.
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.