Indonesia, the world’s leading exporter of mineral fuels, shipped approximately $59.5 billion worth of energy resources in 2024. The top destinations for these exports were China, India, Japan, Malaysia, and South Korea, collectively accounting for over 67% of the total. These exports not only boost Indonesia’s economy but also play a critical role in fueling the industries of its trade partners.
Looking ahead, global shifts toward renewable energy and sustainability could challenge Indonesia to diversify its energy exports. However, its strategic trade relationships ensure its continued relevance in the evolving global market.
Here are the top 5 countries importing Indonesia’s mineral fuels in 2024, along with their respective values:
China: $14.88 billion
India: $8.99 billion
Japan: $7.37 billion
Malaysia: $4.48 billion
South Korea: $4.29 billion
Will Indonesia adapt to global energy trends and sustain its trade leadership? Share your thoughts below!