Information

Indonesia's Largest Export Commodities

Oaktree.id2 min read

Statistics Indonesia (BPS) has released a report showing that coal remains Indonesia’s largest export commodity. From January to August 2022, coal exports reached US$30,29 billion, an increase of 108,11% compared with the same period the previous year. Coal accounted for 16,49% of Indonesia’s total non-oil and gas exports, which reached US$117,55 billion.

In addition, several other commodities also contribute significantly to Indonesia’s non-oil and gas exports. Palm oil ranked second, with export value of US$19,37 billion, accounting for 10,54% of total non-oil and gas exports. Iron and steel ranked third, with export value of US$19,14 billion, or 10,42% of total non-oil and gas exports.

However, it’s important to continue focusing on economic diversification and developing other commodities to reduce dependence on a single export commodity. Although coal remains the leading commodity, strategic steps are needed to strengthen a more diverse and sustainable export sector over the long term.

This growth in export value was driven by the country’s largest export commodity: coal, the non-oil and gas commodity with the highest export value, reaching US$30,29 billion from January to August 2022.

This figure represents an increase of 108,11% compared with the same period the previous year. Coal accounted for 16,49% of Indonesia’s total non-oil and gas export value, which reached US$117,55 billion.

The next-largest export commodity was palm oil, reaching US$19,37 billion and accounting for 10,54% of total non-oil and gas exports. Iron and steel followed, with a value of US$19,14 billion (10,42%).

Meanwhile, the non-oil and gas commodity with the lowest export value was fertilizer, at US$2.05 billion, accounting for 1.12%. This was followed by pulp, valued at US$2.29 billion with a 1.25% share, and crumb rubber, valued at US$2.61 billion with a 1.42% share.

Indonesia’s 15 Top Export Commodities

No Person Value / (US$ Million)
1 Coal 30.291,2
2 Palm Oil 19.367,6
3 Iron/Steel 19.143,5
4 Basic Organic Chemicals 6.054,9
5 Electrical Equipment 5.660,2
6 Textile Garments 5.597,8
7 Lignite 4.268,6
8 Athletic Shoes 4.062,1
9 4-Wheeled Vehicles or Leb 3.728,7
10 Nickel 3.587,1
11 Jewelry 2.722
12 Crumb Rubber (Crumb Rubber 2.609,1
13 Paper Pulp 2.298
14 Paper Pulp 2.298
15 Fertilizer 2.053,2

That’s the information on Indonesia’s largest export commodities.

Free 14-Day Demo

Try full access to Oaktree for free, with no commitment. Boost efficiency today.

Need help? 👋