India and Indonesia have significantly expanded their economic partnership over the last two decades, with bilateral trade increasing from US$4.3 billion in 2005–06 to US$38.84 billion in 2022–23. The growing trade, investment and connectivity reflect the deepening Comprehensive Strategic Partnership between the two countries.
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- India and Indonesia have strengthened their Comprehensive Strategic Partnership since 2018.
- Prime Minister Narendra Modi is on an official visit to Indonesia from 6–8 July 2026.
- Indonesia is India’s second-largest trading partner in the ASEAN region.
- Bilateral trade increased from US$4.3 billion (2005–06) to US$38.84 billion (2022–23).
- Total bilateral trade stood at US$28.15 billion in 2024–25.
- India exported goods worth US$5.38 billion to Indonesia during 2024–25.
- India’s imports from Indonesia were valued at US$22.78 billion during the same period.
- India is the second-largest importer of Indonesian coal.
- India is also the largest importer of Indonesian crude palm oil.
- Major Indian imports include coal, crude palm oil, minerals, rubber, hydrocarbons, pulp and paper.
- Major Indian exports include refined petroleum products, commercial vehicles, telecom equipment, agricultural products, steel and plastics.
- Over 100 Indian companies and joint ventures are operating in Indonesia.
- Indian companies have invested around US$1.56 billion in Indonesia across 7,292 projects.
- Indonesia’s cumulative investment in India has reached US$668.37 million.
- Air connectivity has expanded with direct flights connecting Delhi, Mumbai, Bengaluru, Jakarta and Bali.
- India became the fifth-largest source of international tourists to Indonesia in 2024.
- Growing trade, investment, tourism and connectivity continue to strengthen India-Indonesia economic relations.




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