Indonesia-Madagascar Bilateral Trade Analysis 2023
Complete trade statistics: $200.71M total volume •Indonesia deficit: $92.14M
Indonesia → Madagascar
$54.29M
Exports (2023)
Madagascar → Indonesia
$146.43M
Imports (2023)
Trade Balance
$92.14M
Deficit for Indonesia
Total Trade
$200.71M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Indonesia and Madagascar. 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-Madagascar commercial relationship and competitive positioning in global markets.
Indonesia → Madagascar Exports
Export Market Intelligence
🎯 Strategic Export Focus
Indonesia's export portfolio to Madagascar demonstrates strategic specialization, with soap: in forms n.e.c. in item no. 3401.11 representing a key competitive advantage in this bilateral market.
Madagascar → Indonesia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Indonesia's import pattern from Madagascar reveals significant dependencyin spices: cloves (whole fruit, cloves and stems), neither crushed nor ground, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Indonesia demonstrates competitive strength in exportingsoap: in forms n.e.c. in item no. 3401.11 to Madagascar, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $200.71M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Indonesia-Madagascar Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $200.71 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Indonesia maintains a deficit of $92.14 million
- Export Focus: Indonesia's primary exports include soap: in forms n.e.c. in item no. 3401.11, washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale, vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified
- Import Dependencies: Key imports from Madagascar include spices: cloves (whole fruit, cloves and stems), neither crushed nor ground, oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes, human hair, dressed, thinned, bleached or otherwise worked: wool or other animal hair or other textile materials, prepared for use in making wigs or the like
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 $200.71M 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 soap: in forms n.e.c. in item no. 3401.11.
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 soap: in forms n.e.c. in item no. 3401.11complements Madagascar's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in spices: cloves (whole fruit, cloves and stems), neither crushed nor ground.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $200.71M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $200.71M 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 $200.71 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in soap: in forms n.e.c. in item no. 3401.11 and spices: cloves (whole fruit, cloves and stems), neither crushed nor ground demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Indonesia's trade deficit of $92.14 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 Madagascar represents a total trade volume of $200.71 million in 2023. This partnership demonstrates an unfavorable trade balance for Indonesia, with imports exceeding exportsby $92.14 million.
Export Strengths
Indonesia's exports to Madagascar total $54.29 million, with competitive advantages in soap: in forms n.e.c. in item no. 3401.11, representing $8.30M or15.3% of bilateral exports.
Import Dependencies
Imports from Madagascar amount to $146.43 million, highlighting economic interdependence in spices: cloves (whole fruit, cloves and stems), neither crushed nor ground, with Spices: cloves (whole fruit, cloves and stems), neither crushed nor ground comprising94.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Indonesia's strategic sourcing from Madagascar. 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 Madagascar in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023