Indonesia Exports to South Korea
Indonesia's exports to South Korea fell to $10.3 billion in 2023, down from $12.81 billion in 2022, according to the UN Comtrade Database. This represents a decrease of 19.6% ($2.51 billion) from the previous year. Top exports from Indonesia to South Korea were Mineral fuels, oils, waxes, bitumen ($4.10 billion), Ores, slag, ash ($1.26 billion) and Electrical machinery and equipment ($630.96 million).
Indonesia moved from a trade surplus with South Korea of $1.1 billion in 2022 to a deficit of $224.38 million in 2023. This represents a reversal of $1.32 billion (120.5%).
Indonesia Exports to South Korea by Goods (2023)
The table below shows the ranking of Indonesia exports to South Korea by goods in 2023, highlighting the top exported goods.
| Export Rank | Exported Goods | Export Value (USD) ↓ | Year |
|---|---|---|---|
| 1 | Mineral fuels, oils, waxes, bitumen | $4.10B | 2023 |
| 2 | Ores, slag, ash | $1.26B | 2023 |
| 3 | Electrical machinery and equipment; audio and video equipment | $630.96M | 2023 |
| 4 | Wood and wood products, charcoal | $386.11M | 2023 |
| 5 | Iron and steel | $354.15M | 2023 |
| 6 | Fats and oils, edible fats, waxes | $307.92M | 2023 |
| 7 | Miscellaneous chemical products | $294.45M | 2023 |
| 8 | Inorganic chemicals, precious metal compounds, isotopes | $258.73M | 2023 |
| 9 | Footwear and parts | $229.46M | 2023 |
| 10 | Paper, paperboard and articles | $212.05M | 2023 |
| 11 | Food industry residues, animal feed | $193.07M | 2023 |
| 12 | Non-knitted clothing | $190.43M | 2023 |
| 13 | Knitted or crocheted clothing | $158.05M | 2023 |
| 14 | Rubber and rubber articles | $143.44M | 2023 |
| 15 | Machinery, mechanical appliances, reactors | $133.44M | 2023 |
| 16 | Tin and tin articles | $133.43M | 2023 |
| 17 | Organic chemicals | $132.48M | 2023 |
| 18 | Pulp, recovered paper, paperboard | $131.33M | 2023 |
| 19 | Pearls, precious stones, metals, jewelry, coins | $92.12M | 2023 |
| 20 | Man-made staple fibres | $76.44M | 2023 |
| 21 | Fish, crustaceans, molluscs, aquatic invertebrates | $73.58M | 2023 |
| 22 | Copper and copper articles | $59.40M | 2023 |
| 23 | Plastics and plastic articles | $58.87M | 2023 |
| 24 | Pharmaceutical products | $54.70M | 2023 |
| 25 | Leather goods, bags, saddlery, travel goods | $41.38M | 2023 |
| 26 | Cereal, flour, starch, milk preparations, bakery | $40.20M | 2023 |
| 27 | Sugar and confectionery | $34.85M | 2023 |
| 28 | Vehicles other than railway or tramway and parts | $34.73M | 2023 |
| 29 | Tobacco, nicotine products and substitutes | $32.15M | 2023 |
| 30 | Soap, detergents, waxes, candles, dental products | $29.53M | 2023 |
| 31 | Musical instruments, parts | $24.87M | 2023 |
| 32 | Vegetable plaiting materials, other vegetable products | $22.78M | 2023 |
| 33 | Cotton | $21.17M | 2023 |
| 34 | Aluminium and aluminium articles | $20.00M | 2023 |
| 35 | Glass and glassware | $19.07M | 2023 |
| 36 | Furniture, bedding, lighting, prefabricated buildings | $18.61M | 2023 |
| 37 | Fertilizers | $16.39M | 2023 |
| 38 | Other base metals, cermets | $16.15M | 2023 |
| 39 | Articles of stone, cement, mica, asbestos | $15.93M | 2023 |
| 40 | Technical textile fabrics, coated fabrics | $13.66M | 2023 |
| 41 | Coffee, tea, mate, spices | $13.41M | 2023 |
| 42 | Feathers, down, artificial flowers, human hair goods | $13.34M | 2023 |
| 43 | Optical, medical, measuring instruments | $12.69M | 2023 |
| 44 | Articles of iron or steel | $12.61M | 2023 |
| 45 | Prepared vegetables, fruits, nuts | $11.68M | 2023 |
| 46 | Dyes, pigments, tanning extracts, paints, inks | $11.59M | 2023 |
| 47 | Ceramic products | $11.46M | 2023 |
| 48 | Nickel and nickel articles | $11.30M | 2023 |
| 49 | Raw hides, skins, leather | $10.74M | 2023 |
| 50 | Wadding, felt, twine, ropes, cords | $10.71M | 2023 |
| 51 | Man-made filaments | $10.45M | 2023 |
| 52 | Miscellaneous manufactured goods | $10.06M | 2023 |
| 53 | Miscellaneous edible preparations | $8.94M | 2023 |
| 54 | Toys, games, sports goods | $8.83M | 2023 |
| 55 | Oilseeds, grains, fodder, medicinal plants | $8.19M | 2023 |
| 56 | Essential oils, perfumery, cosmetics | $7.78M | 2023 |
| 57 | Prepared meat, fish, crustaceans, insects | $7.59M | 2023 |
| 58 | Other textile articles, worn clothing, rags | $7.56M | 2023 |
| 59 | Cocoa and cocoa preparations | $5.15M | 2023 |
| 60 | Edible fruits and nuts, citrus or melon peel | $5.12M | 2023 |
| 61 | Salt, sulphur, stone, cement | $4.41M | 2023 |
| 62 | Aircraft, spacecraft, parts | $3.91M | 2023 |
| 63 | Glues, enzymes, modified starches | $3.13M | 2023 |
| 64 | Milling products, malt, starch, inulin, wheat gluten | $2.16M | 2023 |
| 65 | Miscellaneous base metal articles | $2.07M | 2023 |
| 66 | Lead and lead articles | $2.06M | 2023 |
| 67 | Headgear | $1.90M | 2023 |
| 68 | Knitted or crocheted fabrics | $1.77M | 2023 |
| 69 | Basketware, wickerwork, straw goods | $1.70M | 2023 |
| 70 | Beverages, spirits, vinegar | $1.65M | 2023 |
| 71 | Lac, gums, resins, vegetable extracts | $1.53M | 2023 |
| 72 | Vegetable textile fibres, paper yarn | $1.50M | 2023 |
| 73 | Special woven fabrics, lace, embroidery | $1.31M | 2023 |
| 74 | Zinc and zinc articles | $1.06M | 2023 |
| 75 | Live plants, bulbs, roots, cut flowers, foliage | $960,189.24 | 2023 |
| 76 | Clocks, watches, parts | $875,223.50 | 2023 |
| 77 | Edible vegetables, roots, tubers | $671,408.41 | 2023 |
| 78 | Unspecified commodities | $573,800.42 | 2023 |
| 79 | Animal products | $554,807.19 | 2023 |
| 80 | Tools, cutlery, base metal parts | $554,588.02 | 2023 |
| 81 | Printed books, newspapers, printed matter | $472,478.82 | 2023 |
| 82 | Works of art, antiques | $212,966.11 | 2023 |
| 83 | Dairy, eggs, honey, other animal products | $162,456.76 | 2023 |
| 84 | Live animals | $146,313.18 | 2023 |
| 85 | Carpets and textile floor coverings | $140,041.35 | 2023 |
| 86 | Wool and animal hair fabrics | $79,512.19 | 2023 |
| 87 | Umbrellas, canes, whips, riding crops | $3,918 | 2023 |
| 88 | Ships, boats, floating structures | $2,806.16 | 2023 |
| 89 | Furskins and artificial fur | $17.22 | 2023 |
| 90 | Meat and edible offal | $2 | 2023 |
| 91 | Silk | $1.30 | 2023 |
Indonesia Exports to South Korea (1989-2023)
The table below shows historical data for Indonesia exports to South Korea by year, expressed in Billion USD.
| Year | Export Value (Billion USD) |
|---|---|
| 2023 | 10.30 |
| 2022 | 12.81 |
| 2021 | 8.98 |
| 2020 | 6.51 |
| 2019 | 7.23 |
| 2018 | 9.53 |
| 2017 | 8.20 |
| 2016 | 7.01 |
| 2015 | 7.66 |
| 2014 | 10.61 |
| 2013 | 11.42 |
| 2012 | 15.05 |
| 2011 | 16.39 |
| 2010 | 12.57 |
| 2009 | 8.15 |
| 2008 | 9.12 |
| 2007 | 7.58 |
| 2006 | 7.69 |
| 2005 | 7.09 |
| 2004 | 4.83 |
| 2003 | 4.32 |
| 2002 | 4.11 |
| 2001 | 3.77 |
| 2000 | 4.32 |
| 1999 | 3.32 |
| 1998 | 2.57 |
| 1997 | 3.46 |
| 1996 | 3.28 |
| 1995 | 2.92 |
| 1994 | 2.59 |
| 1993 | 2.22 |
| 1992 | 2.08 |
| 1991 | 1.95 |
| 1990 | 1.36 |
| 1989 | 0.92 |