Indonesia-Argentina Bilateral Trade Analysis 2023

Complete trade statistics: $1.02B total volume •Indonesia deficit: $1.02B

IndonesiaArgentina

$0

Exports (2023)

ArgentinaIndonesia

$1.02B

Imports (2023)

Trade Balance

$1.02B

Deficit for Indonesia

Total Trade

$1.02B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Indonesia and Argentina. 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-Argentina commercial relationship and competitive positioning in global markets.

IndonesiaArgentina Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)
$35.09M
Infinity% of exports
2Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
$30.84M
Infinity% of exports
3Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$29.24M
Infinity% of exports
4Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors
$21.87M
Infinity% of exports
5Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543
$9.38M
Infinity% of exports

🎯 Strategic Export Focus

Indonesia's export portfolio to Argentina demonstrates strategic specialization, with rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets) representing a key competitive advantage in this bilateral market.

ArgentinaIndonesia Imports

$1.02B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
59.5% concentration
1Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$604.55M
59.5% of imports
2Cereals: maize (corn), other than seed
$179.58M
17.7% of imports
3Petroleum coke: calcined, obtained from bituminous minerals
$43.37M
4.3% of imports
4Cereals: wheat and meslin, other than durum wheat, other than seed
$41.69M
4.1% of imports
5Dairy produce: whey, whether or not concentrated or containing added sugar or other sweetening matter
$32.16M
3.2% of imports

📦 Import Strategy Analysis

Indonesia's import pattern from Argentina reveals significant dependencyin oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Indonesia demonstrates competitive strength in exportingrubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets) to Argentina, 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 $1.02B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Indonesia-Argentina Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.02 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Indonesia maintains a deficit of $1.02 billion
  • Export Focus: Indonesia's primary exports include rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets), sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials, footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
  • Import Dependencies: Key imports from Argentina include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, cereals: maize (corn), other than seed, petroleum coke: calcined, obtained from bituminous minerals

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 $1.02B 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 rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets).

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 rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)complements Argentina's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $1.02B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $1.02B 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 $1.02 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets) and oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Indonesia's trade deficit of $1.02 billion 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 sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials present expansion opportunities.
Market Diversification
Beyond current focus on oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, 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 rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets) 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 Argentina represents a total trade volume of $1.02 billion in 2023. This partnership demonstrates an unfavorable trade balance for Indonesia, with imports exceeding exportsby $1.02 billion.

Export Strengths

Indonesia's exports to Argentina total $0.00, with competitive advantages in rubber: technically specified natural rubber (tsnr), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets), representing $35.09M orInfinity% of bilateral exports.

Import Dependencies

Imports from Argentina amount to $1.02 billion, highlighting economic interdependence in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, with Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil comprising59.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Indonesia's strategic sourcing from Argentina. 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 Argentina in multiple formats.

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