Indonesia-Angola Bilateral Trade Analysis 2023

Complete trade statistics: $1.35B total volume •Indonesia deficit: $910.03M

IndonesiaAngola

$222.05M

Exports (2023)

AngolaIndonesia

$1.13B

Imports (2023)

Trade Balance

$910.03M

Deficit for Indonesia

Total Trade

$1.35B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Indonesia and Angola. Green line shows exports from Indonesia, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Indonesia-Angola commercial relationship and competitive positioning in global markets.

IndonesiaAngola Exports

$222.05M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
31.4% top product
1Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified
$69.77M
31.4% of exports
2Soap: in forms n.e.c. in item no. 3401.11
$47.37M
21.3% of exports
3Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73
$20.61M
9.3% of exports
4Vegetable oils: soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified
$8.68M
3.9% of exports
5Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas
$6.22M
2.8% of exports

🎯 Strategic Export Focus

Indonesia's export portfolio to Angola demonstrates strategic specialization, with vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified representing a key competitive advantage in this bilateral market.

AngolaIndonesia Imports

$1.13B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
94.5% concentration
1Oils: petroleum oils and oils obtained from bituminous minerals, crude
$1.07B
94.5% of imports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$58.16M
5.1% of imports
3Aluminium: unwrought, alloys
$2.17M
0.2% of imports
4Lifts, skip hoists or escalators: parts thereof
$350,977
0.0% of imports
5Iron or steel: plaited bands, slings and the like, not electrically insulated
$294,320
0.0% of imports

📦 Import Strategy Analysis

Indonesia's import pattern from Angola reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Indonesia demonstrates competitive strength in exportingvegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified to Angola, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $1.35B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Indonesia-Angola Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.35 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Indonesia maintains a deficit of $910.03 million
  • Export Focus: Indonesia's primary exports include vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified, soap: in forms n.e.c. in item no. 3401.11, iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73
  • Import Dependencies: Key imports from Angola include oils: petroleum oils and oils obtained from bituminous minerals, crude, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, aluminium: unwrought, alloys

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $1.35B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Indonesia leveraging its comparative advantages in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Indonesia's specialization in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modifiedcomplements Angola's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $1.35B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $1.35B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $1.35 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Indonesia's trade deficit of $910.03 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in soap: in forms n.e.c. in item no. 3401.11 present expansion opportunities.
Market Diversification
Beyond current focus on oils: petroleum oils and oils obtained from bituminous minerals, crude, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Indonesia and Angola represents a total trade volume of $1.35 billion in 2023. This partnership demonstrates an unfavorable trade balance for Indonesia, with imports exceeding exportsby $910.03 million.

Export Strengths

Indonesia's exports to Angola total $222.05 million, with competitive advantages in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified, representing $69.77M or31.4% of bilateral exports.

Import Dependencies

Imports from Angola amount to $1.13 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising94.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Indonesia's strategic sourcing from Angola. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Indonesia and Angola in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023