Top Indonesia Imports 2023: Energy & Machinery Dominance

Indonesia Import Portfolio Overview in 2023 Whole Year

• Dominated by energy imports (HS 27, 18.08%, $40.12B) and capital goods (HS 84, 14.49%, $32.16B; HS 85, 11.62%, $25.78B).
• Concentration risk is moderate-high, with the top three sectors comprising 44.2% of total imports, reflecting heavy reliance on energy and industrial inputs.
• This structure underscores Indonesia’s role as a resource-rich economy dependent on imported fuel and machinery to support industrialization and domestic consumption.

Table: Indonesia Top Import Product in 2023 (Source: yTrade)

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Import Key Driver: Mineral Fuels and Oils

• Dominated by petroleum oils (HS 2710, $20.28B, 50.6% of sector), primarily crude and refined.
• Product type: Raw material and intermediate refined products.
• Indonesia, despite being a net energy exporter, imports large volumes of refined fuels due to refining capacity constraints and subsidized domestic demand, creating a persistent import dependency.

Table: HS Code 27 Detailed Breakdown

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Import Key Driver: Nuclear Reactors and Machinery

• Led by automatic data processing machines (HS 8471, $2.74B, 8.5% of sector), indicating focus on tech infrastructure.
• Acts as a complement to energy imports, supplying capital goods needed for industrial expansion, mining, and manufacturing.
• Strategically critical for sustaining growth in sectors like nickel processing, electronics assembly, and infrastructure development.

Table: HS Code 84 Detailed Breakdown

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Import Key Driver: Electrical Machinery and Equipment

• Driven by telecommunication devices (HS 8517, $6.40B, 24.8% of sector), including smartphones and network equipment.
• Represents stable, growing demand linked to digitalization, consumer markets, and industrial automation.
• Supports Indonesia’s position as an emerging hub for mid-value electronics manufacturing and a large domestic tech market.

Table: HS Code 85 Detailed Breakdown

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Frequently Asked Questions

What is Indonesia's largest import commodity in 2023 Whole Year?

The largest import category is Mineral fuels, mineral oils and products of their distillation (HS 27), valued at $40.12B. This sector is primarily driven by imports of Petroleum oils and oils obtained from bituminous minerals (HS 2710), which alone accounted for $20.28B (50.55%).

Which specific Mineral fuels products does Indonesia import most in 2023 Whole Year?

Within the Mineral fuels sector, the top imports are:

1. Petroleum oils (HS 2710) - $20.28B (50.55%)
2. Crude petroleum oils (HS 2709) - $11.14B (27.77%)
3. Petroleum gases (HS 2711) - $3.68B (9.16%)

Does Indonesia import Nuclear reactors and machinery in 2023 Whole Year?

Yes. Nuclear reactors, boilers, and machinery (HS 84) is Indonesia’s second-largest import sector, valued at $32.16B. The top product category is Automatic data processing machines (HS 8471), worth $2.74B (8.52%).

What are the main industries driving Indonesia's economy?

Indonesia’s import economy is heavily reliant on three sectors:

1. Mineral fuels (HS 27) - $40.12B (18.08%)
2. Machinery (HS 84) - $32.16B (14.49%)
3. Electrical equipment (HS 85) - $25.78B (11.62%)

How to find Indonesia Mineral fuels buyers?

You can access a list of active overseas buyers and importers for Mineral fuels (HS 27) using the yTrade database, which provides detailed shipment records and company contacts.

Detailed Quarterly Report

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