Indonesia-Br. Virgin Isds Bilateral Trade Analysis 2023
Complete trade statistics: $17.18M total volume •Indonesia deficit: $5.78M
Indonesia → Br. Virgin Isds
$5.70M
Exports (2023)
Br. Virgin Isds → Indonesia
$11.48M
Imports (2023)
Trade Balance
$5.78M
Deficit for Indonesia
Total Trade
$17.18M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Indonesia and Br. Virgin Isds. 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-Br. Virgin Isds commercial relationship and competitive positioning in global markets.
Indonesia → Br. Virgin Isds Exports
Export Market Intelligence
🎯 Strategic Export Focus
Indonesia's export portfolio to Br. Virgin Isds demonstrates strategic specialization, with tankers representing a key competitive advantage in this bilateral market.
Br. Virgin Isds → Indonesia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Indonesia's import pattern from Br. Virgin Isds reveals significant dependencyin tankers, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Indonesia demonstrates competitive strength in exportingtankers to Br. Virgin Isds, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $17.18M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Indonesia-Br. Virgin Isds Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $17.18 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Indonesia maintains a deficit of $5.78 million
- Export Focus: Indonesia's primary exports include tankers, iron or steel (excluding cast iron or stainless steel): seamless, casing and tubing, of a kind used in drilling for oil or gas, furniture: wooden, other than for office, kitchen or bedroom use
- Import Dependencies: Key imports from Br. Virgin Isds include tankers, vinyl chloride, other halogenated olefin polymers: plasticised poly(vinyl chloride), in primary forms, mixed with other substances, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04,and other than those made of wool, fine animal hair, cotton, synthetic or artificial fibres
Strategic Trade Indicators
📈 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 $17.18M 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 tankers.
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
Comparative Advantage
Indonesia's specialization in tankerscomplements Br. Virgin Isds's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in tankers.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $17.18M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $17.18M 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 $17.18 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in tankers and tankers demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Indonesia's trade deficit of $5.78 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Br. Virgin Isds represents a total trade volume of $17.18 million in 2023. This partnership demonstrates an unfavorable trade balance for Indonesia, with imports exceeding exportsby $5.78 million.
Export Strengths
Indonesia's exports to Br. Virgin Isds total $5.70 million, with competitive advantages in tankers, representing $5.10M or89.5% of bilateral exports.
Import Dependencies
Imports from Br. Virgin Isds amount to $11.48 million, highlighting economic interdependence in tankers, with Tankers comprising92.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Indonesia's strategic sourcing from Br. Virgin Isds. 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 Br. Virgin Isds in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023