Indonesia-Japan Bilateral Trade Analysis 2023

Complete trade statistics: $37.95B total volume โ€ขIndonesia surplus: $7.70B

Indonesia โ†’ Japan

$22.82B

Exports (2023)

Japan โ†’ Indonesia

$15.12B

Imports (2023)

Trade Balance

$7.70B

Surplus for Indonesia

Total Trade

$37.95B

Combined Volume

Trade Flow Visualization

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

Indonesia โ†’ Japan Exports

$22.82B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
19.9% top product
1Coal: bituminous, whether or not pulverised, but not agglomerated
$4.55B
19.9% of exports
2Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas
$2.00B
8.8% of exports
3Copper ores and concentrates
$1.83B
8.0% of exports
4Nickel: nickel mattes
$1.32B
5.8% of exports
5Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated
$782.92M
3.4% of exports
6Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$780.47M
3.4% of exports
7Waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds
$715.52M
3.1% of exports
8Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)
$541.97M
2.4% of exports
9Vegetable products: n.e.c. in chapter 14
$439.85M
1.9% of exports
10Plywood: consisting only of sheets of wood (not bamboo), each ply 6mm or thinner, with at least one outer ply of tropical wood
$343.56M
1.5% of exports

๐ŸŽฏ Strategic Export Focus

Indonesia's export portfolio to Japan demonstrates strong diversification across multiple sectors, with coal: bituminous, whether or not pulverised, but not agglomerated representing a key competitive advantage in this bilateral market.

Japan โ†’ Indonesia Imports

$15.12B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
3.4% concentration
1Vehicle parts: gear boxes and parts thereof
$521.43M
3.4% of imports
2Steel, alloy: flat-rolled, width 600mm or more, cold-rolled
$455.36M
3.0% of imports
3Vehicles: dumpers, designed for off-highway use, for transport of goods
$338.64M
2.2% of imports
4Copper: refined, unwrought, cathodes and sections of cathodes
$326.18M
2.2% of imports
5Rubber: new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines
$305.55M
2.0% of imports
6Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereof
$302.37M
2.0% of imports
7Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$290.34M
1.9% of imports
8Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure
$286.84M
1.9% of imports
9Vehicle parts and accessories: n.e.c. in heading no. 8708
$253.03M
1.7% of imports
10Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431
$249.54M
1.7% of imports

๐Ÿ“ฆ Import Strategy Analysis

Indonesia's import pattern from Japan reveals significant dependencyin vehicle parts: gear boxes and parts thereof, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Indonesia demonstrates competitive strength in exportingcoal: bituminous, whether or not pulverised, but not agglomerated to Japan, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $37.95B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Indonesia-Japan Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $37.95 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Indonesia maintains a surplus of $7.70 billion
  • Export Focus: Indonesia's primary exports include coal: bituminous, whether or not pulverised, but not agglomerated, petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, copper ores and concentrates
  • Import Dependencies: Key imports from Japan include vehicle parts: gear boxes and parts thereof, steel, alloy: flat-rolled, width 600mm or more, cold-rolled, vehicles: dumpers, designed for off-highway use, for transport of goods

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global 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 $37.95B 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 coal: bituminous, whether or not pulverised, but not agglomerated.

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 coal: bituminous, whether or not pulverised, but not agglomeratedcomplements Japan's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicle parts: gear boxes and parts thereof.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $37.95B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $37.95B 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

๐Ÿ’ฐ

Trade Volume Impact

The $37.95 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in coal: bituminous, whether or not pulverised, but not agglomerated and vehicle parts: gear boxes and parts thereof demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Indonesia's trade surplus of $7.70 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in petroleum gases and other gaseous hydrocarbons: liquefied, natural gas present expansion opportunities.
Market Diversification
Beyond current focus on vehicle parts: gear boxes and parts thereof, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in coal: bituminous, whether or not pulverised, but not agglomerated may affect future market positioning.

๐ŸŽฏStrategic 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 Japan represents a total trade volume of $37.95 billion in 2023. This partnership demonstrates a favorable trade balance for Indonesia, with exports exceeding importsby $7.70 billion.

Export Strengths

Indonesia's exports to Japan total $22.82 billion, with competitive advantages in coal: bituminous, whether or not pulverised, but not agglomerated, representing $4.55B or19.9% of bilateral exports.

Import Dependencies

Imports from Japan amount to $15.12 billion, highlighting economic interdependence in vehicle parts: gear boxes and parts thereof, with Vehicle parts: gear boxes and parts thereof comprising3.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Indonesia's competitive position in this bilateral relationship. 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 Japan in multiple formats.

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