Indonesia-New Zealand Bilateral Trade Analysis 2023
Complete trade statistics: $1.84B total volume •Indonesia deficit: $314.37M
Indonesia → New Zealand
$764.10M
Exports (2023)
New Zealand → Indonesia
$1.08B
Imports (2023)
Trade Balance
$314.37M
Deficit for Indonesia
Total Trade
$1.84B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Indonesia and New Zealand. 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-New Zealand commercial relationship and competitive positioning in global markets.
Indonesia → New Zealand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Indonesia's export portfolio to New Zealand demonstrates strategic specialization, with oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils representing a key competitive advantage in this bilateral market.
New Zealand → Indonesia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Indonesia's import pattern from New Zealand reveals strategic sourcingin dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Indonesia demonstrates competitive strength in exportingoil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils to New Zealand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.84B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Indonesia-New Zealand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.84 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Indonesia maintains a deficit of $314.37 million
- Export Focus: Indonesia's primary exports include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils, tissue, towel, napkin stock or similar: for household or sanitary use, cellulose, wadding webs of cellulose fibres, in rolls exceeding 36cm in width or rectangular sheets with one side more than 36cm in unfolded state, railway or tramway goods vans and wagons: n.e.c. in heading no. 8606, not self-propelled
- Import Dependencies: Key imports from New Zealand include dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight), dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight), dairy produce: derived from milk, butter
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 $1.84B 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 oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils.
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 oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oilscomplements New Zealand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight).
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.84B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.84B 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 $1.84 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils and dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Indonesia's trade deficit of $314.37 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 New Zealand represents a total trade volume of $1.84 billion in 2023. This partnership demonstrates an unfavorable trade balance for Indonesia, with imports exceeding exportsby $314.37 million.
Export Strengths
Indonesia's exports to New Zealand total $764.10 million, with competitive advantages in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils, representing $190.64M or24.9% of bilateral exports.
Import Dependencies
Imports from New Zealand amount to $1.08 billion, highlighting economic interdependence in dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight), with Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) comprising24.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Indonesia's strategic sourcing from New Zealand. 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 New Zealand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023