Bilateral Trade between India and Indonesia Top Exports and Imports of India and Indonesia

India and Indonesia are neighbors. The Andaman and Nicobar islands share a maritime border with Indonesia along the Andaman Sea. The two nations have a long and rich relationship that stretches back to the times of the Ramayana. They had a maritime relationship since ancient times. India and Indonesia are large democracies and are members of various international forums such as G20, E7 nations, non- aligned movement, and the United Nations. In recent bilateral meeting between the two governments set an ambitious target of 50 billion dollar trade between the two countries

India Trade data shows that among the 10 nation ASEAN (Association of Southeast Asian Nations) India is Indonesia second-largest trading partner after Singapore. The current bilateral trade between the two countries is 21 billion dollars USD. India trade data shows that the country is the largest buyer of crude palm oil from Indonesia. India’s trade deficit with Indonesia stood at 1.57 billion dollars USD.

Indian export data shows the total exports of goods to Indonesia amounted to 4.79 billion dollars. The top exports to Indonesia from India are -

Mineral fuel, oils
Machinery
Electrical and electronic equipment
Plastics
Iron & Steel

The top Indian ports for export are Nhava Sheva Sea, Vizag Sea, and Chennai Sea.

Indian import data shows the total import of good from Indonesia amounted to 19.66 billion dollars. Indonesia is India 8^th largest importer of commodities. The top imports from Indonesia to India are -

Palm oil
Crude Palm oil
Bituminous coal
Lignite
Rubber

The top Indian ports where products arrived from Indonesia are Kandla Sea, Chennai Sea, and Krishnapatnam port Sea.

Indonesia import data shows India accounted for 1.54% of the country’s total import figures. The country imported many agricultural & animal husbandry products from India these include -

Meat of bovine animals frozen
Rice
Ground nut
Sugar
Corn

Indonesia Export Data shows India accounted for 7.6% of the country’s overall export trade. Besides coal Indonesia has other mineral resources which they export to India these include iron ore, copper and tin. Other major export between the two countries include -

Chemical goods
Paper
Wood

Indonesia expects India will eliminate trade barriers for the country to export gold to the country.

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