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Indonesia-Philippines Bilateral Trade Analysis 2023

Complete trade statistics: $13.30B total volume •Indonesia surplus: $10.26B

Indonesia → Philippines

$11.78B

Exports (2023)

Philippines → Indonesia

$1.52B

Imports (2023)

Trade Balance

$10.26B

Surplus for Indonesia

Total Trade

$13.30B

Combined Volume

Trade Flow Visualization

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

Indonesia → Philippines Exports

$11.78B

2023 Total

Export Market Intelligence

Product Diversity:

Highly Diversified

Market Share:

26.5% top product

1Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated

$3.12B

26.5% of exports

2Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc

$1.14B

9.7% of exports

3Copper ores and concentrates

$599.76M

5.1% of exports

4Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc

$509.79M

4.3% of exports

5Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified

$427.38M

3.6% of exports

6Motorcycles (including mopeds) and cycles: fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars: side-cars

$377.50M

3.2% of exports

7Coal: bituminous, whether or not pulverised, but not agglomerated

$335.60M

2.8% of exports

8Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon

$303.18M

2.6% of exports

9Preparations with a basis of extracts, essences or concentrates or with a basis of coffee

$284.80M

2.4% of exports

10Cigarettes: containing tobacco

$252.02M

2.1% of exports

🎯 Strategic Export Focus

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

Philippines → Indonesia Imports

$1.52B

2023 Total

Import Dependency Profile

Supply Diversity:

Well Diversified

Critical Imports:

14.1% concentration

1Parts of electronic integrated circuits

$214.68M

14.1% of imports

2Electrical apparatus: parts for diodes, transistors and similar semiconductor devices and photosensitive semiconductor devices

$165.67M

10.9% of imports

3Copper: refined, unwrought, cathodes and sections of cathodes

$127.86M

8.4% of imports

4Electrical apparatus: transistors, (other than photosensitive), with a dissipation rate of 1W or more

$95.44M

6.3% of imports

5Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1

$59.95M

3.9% of imports

6Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils

$51.05M

3.4% of imports

7Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network

$46.57M

3.1% of imports

8Fuses and detonators: safety or detonating fuses, percussion or detonating caps, igniters, electric detonators

$44.09M

2.9% of imports

9Vegetable oils: coconut (copra) oil and its fractions, crude, not chemically modified

$44.07M

2.9% of imports

10Propylene, other olefin polymers: polypropylene in primary forms

$42.65M

2.8% of imports

📦 Import Strategy Analysis

Indonesia's import pattern from Philippines reveals significant dependencyin parts of electronic integrated circuits, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Indonesia demonstrates competitive strength in exportingcoal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated to Philippines, leveraging comparative advantages.

Export Leader in 20+ Categories

🔄

Trade Complementarity

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

Specialized Exchange

📈

Growth Potential

The $13.30B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Indonesia-Philippines Trade Relationship

Key Trade Highlights 2023

Total Trade Volume: $13.30 billionrepresenting a significant bilateral economic relationship
Trade Balance: Indonesia maintains a surplus of $10.26 billion
Export Focus: Indonesia's primary exports include coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, copper ores and concentrates
Import Dependencies: Key imports from Philippines include parts of electronic integrated circuits, electrical apparatus: parts for diodes, transistors and similar semiconductor devices and photosensitive semiconductor devices, copper: refined, unwrought, cathodes and sections of cathodes

Strategic Trade Indicators

Trade IntensityHigh

Export DiversificationDiversified

Trade Balance HealthImbalanced

📈 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 $13.30B 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: (other than anthracite and 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

Comparative Advantage

Indonesia's specialization in coal: (other than anthracite and bituminous), whether or not pulverised but not agglomeratedcomplements Philippines's demand patterns, creating natural trade synergies.

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in parts of electronic integrated circuits.

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $13.30B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric

Seasonal VariationsModerate

Product ConcentrationLow

Market DependencyHigh

🔮

Trade Relationship Outlook

The $13.30B 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 $13.30 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High

🏭

Industrial Integration

Trade flows in coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated and parts of electronic integrated circuits demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified

⚖️

Trade Balance Effects

Indonesia's trade surplus of $10.26 billion 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 vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc present expansion opportunities.

Market Diversification

Beyond current focus on parts of electronic integrated circuits, 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 coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated 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 Philippines represents a total trade volume of $13.30 billion in 2023. This partnership demonstrates a favorable trade balance for Indonesia, with exports exceeding importsby $10.26 billion.

Export Strengths

Indonesia's exports to Philippines total $11.78 billion, with competitive advantages in coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated, representing $3.12B or26.5% of bilateral exports.

Import Dependencies

Imports from Philippines amount to $1.52 billion, highlighting economic interdependence in parts of electronic integrated circuits, with Parts of electronic integrated circuits comprising14.1% 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 Philippines in multiple formats.

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