Indonesia-Peru Bilateral Trade Analysis 2023

Complete trade statistics: $493.67M total volume •Indonesia surplus: $493.67M

IndonesiaPeru

$493.67M

Exports (2023)

PeruIndonesia

$0

Imports (2023)

Trade Balance

$493.67M

Surplus for Indonesia

Total Trade

$493.67M

Combined Volume

Trade Flow Visualization

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

IndonesiaPeru Exports

$493.67M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
29.3% top product
1Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$144.55M
29.3% of exports
2Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals
$48.85M
9.9% of exports
3Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
$40.03M
8.1% of exports
4Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$26.27M
5.3% of exports
5Tissue, 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
$11.44M
2.3% of exports

🎯 Strategic Export Focus

Indonesia's export portfolio to Peru demonstrates strategic specialization, with vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc representing a key competitive advantage in this bilateral market.

PeruIndonesia Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Cocoa beans: whole or broken, raw or roasted
$36.36M
Infinity% of imports
2Fertilizers, mineral or chemical: phosphatic, n.e.c. in heading no. 3103
$8.58M
Infinity% of imports
3Fruit, edible: grapes, fresh
$7.50M
Infinity% of imports
4Zinc: unwrought, (not alloyed), containing by weight 99.99% or more of zinc
$5.91M
Infinity% of imports
5Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground
$5.55M
Infinity% of imports

📦 Import Strategy Analysis

Indonesia's import pattern from Peru reveals significant dependencyin cocoa beans: whole or broken, raw or roasted, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Indonesia demonstrates competitive strength in exportingvehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc to Peru, 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 $493.67M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Indonesia-Peru Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $493.67 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Indonesia maintains a surplus of $493.67 million
  • Export Focus: Indonesia's primary exports include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals, 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
  • Import Dependencies: Key imports from Peru include cocoa beans: whole or broken, raw or roasted, fertilizers, mineral or chemical: phosphatic, n.e.c. in heading no. 3103, fruit, edible: grapes, fresh

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 $493.67M 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 vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.

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 vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cccomplements Peru's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in cocoa beans: whole or broken, raw or roasted.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $493.67M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $493.67M 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 $493.67 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc and cocoa beans: whole or broken, raw or roasted demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Indonesia's trade surplus of $493.67 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals present expansion opportunities.
Market Diversification
Beyond current focus on cocoa beans: whole or broken, raw or roasted, 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 vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc 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 Peru represents a total trade volume of $493.67 million in 2023. This partnership demonstrates a favorable trade balance for Indonesia, with exports exceeding importsby $493.67 million.

Export Strengths

Indonesia's exports to Peru total $493.67 million, with competitive advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, representing $144.55M or29.3% of bilateral exports.

Import Dependencies

Imports from Peru amount to $0.00, highlighting economic interdependence in cocoa beans: whole or broken, raw or roasted, with Cocoa beans: whole or broken, raw or roasted comprisingInfinity% 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 Peru in multiple formats.

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