2022
Flag  
GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Indonesia-Italy Trade: In 2022, Indonesia exported $3.96B to Italy. The main products that Indonesia exported to Italy were Palm Oil ($805M), Coal Briquettes ($629M), and Stearic Acid ($425M). Over the past 5 years the exports of Indonesia to Italy have increased at an annualized rate of 14%, from $2.06B in 2017 to $3.96B in 2022.

In 2022, Indonesia did not export any services to Italy.

Italy-Indonesia Trade: In 2022, Italy exported $1.2B to Indonesia. The main products that Italy exported to Indonesia were Washing and Bottling Machines ($57.9M), Planes, Helicopters, and/or Spacecraft ($54.5M), and Recovered Paper ($53.6M). Over the past 5 years the exports of Italy to Indonesia have decreased at an annualized rate of 2.77%,  from $1.38B in 2017 to $1.2B in 2022.

In 2020, Italy exported services to Indonesia worth $98.9M, with Transportation ($48.5M), Travel ($12.8M), and Other business services ($11.4M) being the largest in terms of value.

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $3.96B to Italy. The main products exported from Indonesia to Italy were Palm Oil ($805M), Coal Briquettes ($629M), and Stearic Acid ($425M). During the last 5 years the exports of Indonesia to Italy have increased at an annualized rate of 14%, from $2.06B in 2017 to $3.96B in 2022.

In 2017, Italy exported $1.2B to Indonesia. The main products exported from Italy to Indonesia were Washing and Bottling Machines ($57.9M), Planes, Helicopters, and/or Spacecraft ($54.5M), and Recovered Paper ($53.6M). During the last 5 years the exports of Italy to Indonesia have decreased at an annualized rate of 2.77%, from $1.38B in 2022 to $1.2B in 2017.

Exports from Indonesia (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Indonesia (Flag) (2022)

Latest Data

Trade between Indonesia (Flag) and Italy (Flag)

Indonesia Exports

Italy Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Italy
Top Destination
Germany$78.5B

This map shows whether countries import more from Indonesia or Italy. Each country is colored based on the difference in imports they receive from Indonesia and Italy or the difference in the growth in imports.

In 2022, countries that imported more from Indonesia than Italy included China ($67.7B), India ($25.3B), and Japan ($26.6B).

In 2022, countries that imported more from Italy than Indonesia included Germany ($78.5B), France ($63.8B), and United States ($68.2B).

Difference in imports from Italy (Flag) and Indonesia (Flag) (2022)

Comparative Advantage Indonesia - Italy

Flow
Scale

This chart compares trade between Indonesia and Italy by product, considering products traded by both, Indonesia and Italy.

During 2022, Indonesia had a large net trade with Italy in the exports of Animal and Vegetable Bi-Products ($1.3B), Metals ($755M), and Mineral Products ($633M).

During 2017, Italy had a large net trade with Indonesia in the exports of Machines ($500M), Chemical Products ($127M), and Transportation ($92.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Italy+$177MCoal Briquettes
Top Product Potential Italy Indonesia+$31.6MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Italy exported services to Indonesia worth $98.9M, with Transportation ($48.5M), Travel ($12.8M), and Other business services ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Indonesia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Indonesia and Italy. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Italy (Flag) (2022)

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