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U.S.-Indonesia Bilateral Trade and Investment

The United States and Indonesia meet regularly under the auspices of a Trade and Investment Framework Agreement (TIFA) that was signed in July 1996. Under the TIFA, Indonesia and the United States signed a Memorandum of Understanding to Combat Illegal Logging and Associated Trade in 2006.

U.S. goods and services trade with Indonesia totaled $29 billion in 2012 (latest data available). Exports totaled $10 billion; Imports totaled $18 billion. The U.S. goods and services trade deficit with Indonesia was $8 billion in 2012.

Indonesia is currently our 28th largest goods trading partner with $28.0 billion in total (two ways) goods trade during 2013. Goods exports totaled $9.1 billion; Goods imports totaled $18.9 billion. The U.S. goods trade deficit with Indonesia was $9.8 billion in 2013.

Trade in services with Indonesia (exports and imports) totaled $2.6 billion in 2012 (latest data available). Services exports were $2.1 billion; Services imports were $476 million. The U.S. services trade surplus with Indonesia was $1.6 billion in 2012.

Exports

Indonesia was the United States' 33rd largest goods export market in 2013.

U.S. goods exports to Indonesia in 2013 were $9.1 billion, up 13.6% ($1.1 billion) from 2012, and up 261% from 2003.  

The top export categories (2-digit HS) in 2013 were: Aircraft ($2.1 billion), Miscellaneous Grain, Seed, Fruit (primarily soybeans) ($1.0 billion), Machinery ($994 million), Food Waste ($482 million), and Electrical Machinery ($354 million).

U.S. exports of agricultural products to Indonesia totaled $2.8 billion in 2013, the 8th largest U.S. Ag export market. Leading categories include: soybeans ($988 million), feeds and fodders (excluding pet food) ($331 million), dairy products ($316 million), and wheat ($214 million).

U.S. exports of private commercial services* (i.e., excluding military and government) to Indonesia were $2.1 billion in 2012 (latest data available), 19.8% ($346 million) more than 2011 and 90% greater than 2002 levels. Other private services category (mostly business, professional, and technical services) accounted for most of the U.S. exports in 2011.

Imports

Indonesia was the United States' 25th largest supplier of goods imports in 2013.

U.S. goods imports from Indonesia totaled $18.9 billion in 2013, up 4.9% ($880 million) from 2012, and up 98% from 2003. 

The five largest import categories in 2013 were: Knit Apparel ($2.7 billion), Rubber ($2.3 billion), Woven Apparel ($2.3 billion), Electrical Machinery ($1.6 billion), and Footwear ($1.2 billion).

U.S. imports of agricultural products from Indonesia totaled $3.1 billion in 2013, the 7th largest supplier of Ag imports. Leading categories include: rubber and allied products ($1.7 billion), tropical oils ($456 million), coffee (unroasted) ($289 million), and spices ($216 million). 

U.S. imports of private commercial services* (i.e., excluding military and government) were $476 million in 2012 (latest data available), 8.9% ($39 million) from 2011, and up 69% from the 2002 levels. Other Private Services (business, professional, and technical services, and financial services) and travel category accounted for most of the U.S. services imports from Indonesia.

Trade Balance

The U.S. goods trade deficit with Indonesia was $9.8 billion in 2013, a 2.1% decrease ($211 million) over 2012.  

The United States has a services trade surplus of $1.6 billion with Indonesia in 2012 (latest data available), up 23.4% from 2011.

Investment

U.S. foreign direct investment (FDI) in Indonesia (stock) was $13.5 billion in 2012 (latest data available), a 12.6% increase from 2011.

U.S. FDI in Indonesia is primarily concentrated in the mining sector.

Indonesia FDI in the United States (stock) was $136 million in 2012 (latest data available), down 19.5 from 2011.

The distribution of Indonesia FDI in the United States is not available.

Sales of services in Indonesia by majority U.S.-owned affiliates were $3.2 billion in 2011 (latest data available), while sales of services in the United States by majority Indonesia-owned firms were $87 million.

Additional Information

Memorandum of Understanding Between the Government of the United States and the Government of the Republic of Indonesia


*NOTE: Refers to private services trade not including U.S. military sales, direct defense expenditures, and other miscellaneous U.S. government services

4/29/14