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
Despite area expansion by private sugar mills, a long, drawn-out El Nino in 2023/24 reduced both sugarcane and plantation white sugar production. The ongoing impact of El Nino will be immediately followed by the onset of the 2024 dry season combined with a predicted La Nina at the end of 2024, which are forecast to further reduce sugarcane and plantation white sugar production.
On April 2, 2024, FAS Jakarta held its second annual Ramadan iftar event at the U.S. Embassy’s @america cultural center. This year’s event, “Ramadan Delights with U.S. Products: featuring the Talents of Chef Vindex and a Conversation with U.S. Halal Certifying Bodies,” promoted high-quality U.S. food ingredients such as beef, cheese, dates, chickpeas, raisins, and seafood.
Indonesia offers significant opportunities for U.S. ingredient suppliers to meet the demand for raw materials for its food processing industry. The United States is the third largest agricultural supplier to Indonesia, with an 11-percent market share.
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.