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
Attaché Report (GAIN)
Indonesia: Indonesia Updates Regulations on Genetically Engineered Processed Products
On November 18, 2024, the Government of Indonesia (GOI) issued Regulation No. 19/2024 on the Supervision of Genetically Engineered Food which updates the labeling requirements for genetically engineered (GE) products, and regulates microbial biotechnology, genome editing, and the food safety assessment of products with stacked genes
Attaché Report (GAIN)
Indonesia: Indonesia No Longer Plans to Impose 12 Percent VAT for Luxury Agricultural Products
This report serves as an update to FAS Jakarta’s previous report outlining Indonesia’s plans to impose a 12-percent value-added tax (VAT) for luxury agricultural products (please see GAIN Report ID2024-0053).
Attaché Report (GAIN)
Indonesia: Indonesia Plans to Impose 12 Percent VAT for Luxury Agricultural Products as Early as January 2025
On December 16, 2024, the Government of Indonesia (GOI) announced the increase in value-added tax (VAT) from the current 11 percent to 12 percent on selected goods and services, effective January 1, 2025. In addition, a separate 12 percent luxury goods sales tax will newly be applied for luxury products intended for high-end Indonesian consumers (luxury VAT).
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.
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.