Indonesia, as the world’s largest archipelago nation, boasts abundant natural resources and industries, making it an important player in the global export market.
In 2024, Indonesia’s export value reached approximately USD 264.7 billion. The country’s top export commodities are varied, ranging from mining products to agricultural goods. In this article, we will review the top 10 export products of Indonesia along with their main destination countries based on the latest data. Let’s dive in!
Also read: Remittances Boost Indonesia’s Economy, Transfez Plays a Part Too
1. Palm Oil

First up is palm oil. Palm oil can be considered one of Indonesia’s most significant exports, contributing about 13.5% of the total exports. Indonesia is the world’s largest producer, exporting 46 million tons annually. This product is used in the food, cosmetic, and biofuel industries. Despite price fluctuations, demand remains high.
The main destination countries are India, China, and the European Union. India is the largest market due to the high demand for cooking oil, while China uses it for food industries and biodiesel. Despite strict regulations on deforestation, the European Union remains one of the primary destinations.
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2. Coal
Coal accounts for about 11.2% of Indonesia’s total exports, making it one of the country’s largest mining commodities. Indonesia exports 241.1 million tons equivalent to oil, fulfilling 6.3% of the world’s coal demand. Coal is primarily used for power plants, though it is considered the most polluting fuel.
The main destination countries are China, India, and the Philippines. China and India import large quantities of coal for energy needs, while the Philippines depends on Indonesia for its power plants.
3. Iron and Steel

Indonesia’s iron and steel exports reached USD 26.7 billion in 2023, despite a 4% decline from the previous year. This commodity includes stainless steel and ferroalloys, which are used in the automotive, construction, and manufacturing industries. Indonesia is one of the largest exporters of stainless steel, holding 67.1% of the global market.
The main destination countries include China, India, and South Korea. China imports 97% of Indonesia’s ferroalloys for manufacturing needs, while India and South Korea use steel for construction and automotive industries.
Also read: The Largest Oil-Producing Countries in the World
4. Petroleum Gas
Indonesia is the largest producer and consumer of natural gas in Southeast Asia, with natural gas exports reaching 0.8 million barrels per day. This commodity is used for fuel, heating, and vehicles. While cleaner than coal, natural gas still produces carbon emissions.
The main destination countries include Singapore, China, and Japan. Singapore imports gas for domestic energy needs, while China and Japan use it for industry and power generation.
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5. Electrical Machinery
Electrical machinery and equipment, including electronic components, contributed USD 14.34 billion in 2023. This sector reflects the advancement of Indonesia’s manufacturing industry, with products such as cables, mobile components, and household appliances.
China, Japan, and the United States are the main consumers. China imports components for assembling electronic products, Japan for precision technology, and the U.S. for consumer goods.
6. Vehicles
Indonesia’s automotive industry exported vehicles worth USD 11.15 billion in 2023, a 2% increase from the previous year. These products include passenger cars, trucks, and parts. Indonesia has become a key player in the ASEAN automotive market.
The main destination countries are ASEAN (especially the Philippines and Vietnam), Japan, and Saudi Arabia. ASEAN countries import vehicles for local transportation needs, while Japan and Saudi Arabia buy them for their domestic markets.
7. Nickel
Nickel, with an export value of USD 6.81 billion in 2023, is a critical commodity for the stainless steel and electric vehicle battery industries. Indonesia is one of the world’s largest producers of nickel, with export growth reaching 14% from the previous year.
China, Japan, and South Korea are the main destination countries. China imports nickel for battery and steel production, while Japan and South Korea use it for high-tech applications.
8. Precious Metals and Jewelry
Exports of precious metals and jewelry, including gold and gemstones, reached USD 7.5 billion in 2023, a 19% increase from the previous year. Indonesia is the 9th largest gold producer in the world, with the Grasberg mine in Papua being one of the largest.
The main destination countries are the United States, Switzerland, and Hong Kong. The U.S. imports jewelry for the consumer market, Switzerland for gold processing, and Hong Kong as a trading hub.
9. Natural Rubber
Indonesia is one of the world’s largest producers of natural rubber, with exports reaching various industries such as automotive, healthcare, and manufacturing. Natural rubber is used for tires, medical equipment, and other rubber products.
Japan, the United States, and China are the main destination countries. Japan imports it for the automotive industry, the U.S. for tires and healthcare, and China for large-scale manufacturing.
Also read: The Largest Coffee-Producing Countries You Need to Know About!
10. Coffee
Indonesian coffee, including civet coffee, Arabica, and Robusta, is well-known in the global market. Indonesia is one of the largest coffee producers, with exports ranging from raw coffee beans to processed products like instant coffee.
ASEAN, Japan, and Europe (especially Germany and the Netherlands) are the main destinations. ASEAN imports for regional consumption, Japan for premium cafes, and Europe for the specialty coffee market.
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