U.S. goods and services trade with Indonesia totaled an estimated $31.8 billion in 2019. Indonesia is currently our 28th largest goods trading partner with $27.9 billion in total (two way) goods trade during 2019. Goods exports totaled $7.7 billion; goods imports totaled $20.1 billion.

Who does Indonesia trade with the most?

Indonesia top 5 Export and Import partners

What does Indonesia import from other countries?

Indonesia has generous natural resources, including crude oil, natural gas, tin, copper, and gold. Its key imports include machinery and equipment, chemicals, fuels, and foodstuffs. Major exports include oil and gas, electrical appliances, plywood, rubber and textiles.

Is Indonesia a US ally?

Indonesia and the United States established diplomatic relations in 1949. Relations are generally strong and close. Both are republics, and each nation reciprocally recognizes the strategic importance of their counterpart.

Is Indonesia a third world country?

By historical definition, Mexico is regarded as a Third World country because Mexico did not align with NATO or the Communist Bloc following World War II….Third World Countries 2021.

Are China and Indonesia allies?

China and Indonesia established diplomatic relations in 1950. Despite this, various forms of relations have been ongoing for centuries. China is the most populous nation in the world, while Indonesia has the 4th largest population. Both nations are members of the APEC and the G20.

What kind of trade does the US have with Indonesia?

Trade in services with Indonesia (exports and imports) totaled an estimated $3.9 billion in 2019. Services exports were $2.8 billion; services imports were $1.1 billion. The U.S. services trade surplus with Indonesia was $1.7 billion in 2019.

How much money does Australia trade with Indonesia?

Australia’s total two-way goods and services trade with Indonesia was worth $17.7 billion in 2019, making Indonesia our 13th largest trade partner: Two-way trade in goods was valued at $11.3 billion in 2019.

Who are the major trading partners of Indonesia?

Australia and New Zealand are significant trading partners to Indonesia, recording a total trade value of $8.4 billion USD and $1 billion USD, respectively, in 2015. This agreement was signed by ASEAN member states and India on 13th August 2009 and came into effect on 1st January 2010.

What is the US trade deficit with Indonesia?

The U.S. goods trade deficit with Indonesia was $12.4 billion in 2019. Trade in services with Indonesia (exports and imports) totaled an estimated $3.9 billion in 2019. Services exports were $2.8 billion; services imports were $1.1 billion. The U.S. services trade surplus with Indonesia was $1.7 billion in 2019.