Foreign trade as a share of GDP reached 33.2 % in 2020 in Indonesia, according to the National Statistical Office. This is 11.4 % less than in the previous year.
Historically, foreign trade as a share of GDP in Indonesia reached an all time high of 96.2 % in 1998 and an all time low of % in. When compared to Indonesia's main peers, foreign trade as a share of GDP in Australia amounted to 44.0 %, 117 % in Malaysia, 58.2 % in Philippines and 321 % in Singapore in 2020.
Indonesia has been ranked 123rd within the group of 133 countries we follow in terms of foreign trade as a share of GDP, 24 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.