Indonesia: Exporter Guide Annual

Indonesia’s gross domestic product (GDP) grew by 5.1 percent in 2023, making its economy the 16th largest globally. The United States is the second largest supplier of agricultural products to Indonesia with an 11-percent market share in 2023. Major exports include soybeans, wheat, cotton, milk powder, feeds and fodders, dairy, fresh fruit, and beef and beef products. These products also have the best growth potential due to insufficient local production to meet the growing demand for these goods. Despite an often challenging and unpredictable regulatory environment, especially for those products that compete with local goods, opportunities exist for exporters to supply Indonesia’s developed tourism market, growing food processing industry, and modern retail channels.