NEW DELHI : The bilateral trade between India and Indonesia reached USD 29.4 billion in FY2023-24, with Indonesia ranking as India’s eighth largest trading partner. India is Indonesia’s second-largest buyer of coal and crude palm oil, highlighting the strategic importance of this partnership, according to a report by Rubix Data Sciences.
India’s exports to Indonesia totalled USD 5.99 billion in FY2024, with mineral fuels and vehicles among the top traded goods. Notably, Indonesia’s investments in India, cumulatively valued at USD 653.83 million, span . . .
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