The historical data of Indonesia’s share of transport services in commercial service imports reveals a fluctuating trend from 2013 to 2023, with a noticeable decline from 2013’s 36.42% to 2023’s 30.29%, followed by a slight projection decrease to 29.57% by 2028. This trend is supported by a negative compound annual growth rate (CAGR) over the last five years leading to 2023, indicating a gradual decline in the share of transport services. The year-on-year variation shows significant drops and rises, with a notable recovery in 2021, but an overall declining trajectory is observed towards the forecast period up to 2028.
Looking ahead, the forecasted slight negative CAGR of -0.38% over the next five years suggests a continued but slow decline in the share of transport services in commercial service imports in Indonesia. This indicates that while transport services will remain a significant component of Indonesia’s commercial service imports, its relative importance may slightly decrease. Future trends to watch include the impact of technological advancements in transport and logistics, changes in global trade policies, and Indonesia’s domestic economic policies that could influence the demand for transport services.
