Indonesia-USA Bilateral Trade Analysis 2023

Complete trade statistics: $37.39B total volume โ€ขIndonesia surplus: $15.93B

Indonesia โ†’ USA

$26.66B

Exports (2023)

USA โ†’ Indonesia

$10.73B

Imports (2023)

Trade Balance

$15.93B

Surplus for Indonesia

Total Trade

$37.39B

Combined Volume

Trade Flow Visualization

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

Indonesia โ†’ USA Exports

$26.66B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
6.1% top product
1Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified
$1.64B
6.1% of exports
2Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$1.08B
4.0% of exports
3Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543
$1.03B
3.9% of exports
4Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)
$895.40M
3.4% of exports
5Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$720.49M
2.7% of exports
6Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather
$693.71M
2.6% of exports
7Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)
$612.95M
2.3% of exports
8Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
$559.32M
2.1% of exports
9Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$496.40M
1.9% of exports
10Crustacean preparations: shrimps and prawns, prepared or preserved, not in airtight containers
$403.39M
1.5% of exports

๐ŸŽฏ Strategic Export Focus

Indonesia's export portfolio to USA demonstrates strong diversification across multiple sectors, with vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified representing a key competitive advantage in this bilateral market.

USA โ†’ Indonesia Imports

$10.73B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
11.7% concentration
1Soya beans: other than seed, whether or not broken
$1.26B
11.7% of imports
2Petroleum gases and other gaseous hydrocarbons: liquefied, propane
$727.52M
6.8% of imports
3Petroleum gases and other gaseous hydrocarbons: liquefied, butanes
$629.10M
5.9% of imports
4Oils: petroleum oils and oils obtained from bituminous minerals, crude
$496.65M
4.6% of imports
5Brewing or distilling dregs and waste: whether or not in the form of pellets
$277.59M
2.6% of imports
6Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$270.09M
2.5% of imports
7Dairy 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)
$206.38M
1.9% of imports
8Flours, meals and pellets: of meat or meat offal, greaves
$204.79M
1.9% of imports
9Cotton: not carded or combed
$195.14M
1.8% of imports
10Carbonates: disodium carbonate
$174.86M
1.6% of imports

๐Ÿ“ฆ Import Strategy Analysis

Indonesia's import pattern from USA reveals significant dependencyin soya beans: other than seed, whether or not broken, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Indonesia demonstrates competitive strength in exportingvegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified to USA, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $37.39B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Indonesia-USA Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $37.39 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Indonesia maintains a surplus of $15.93 billion
  • Export Focus: Indonesia's primary exports include vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus, electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543
  • Import Dependencies: Key imports from USA include soya beans: other than seed, whether or not broken, petroleum gases and other gaseous hydrocarbons: liquefied, propane, petroleum gases and other gaseous hydrocarbons: liquefied, butanes

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 $37.39B 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 vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified.

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 vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modifiedcomplements USA's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in soya beans: other than seed, whether or not broken.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $37.39B bilateral relationship.

Trade Pattern Insights

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

Trade Relationship Outlook

The $37.39B 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 $37.39 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified and soya beans: other than seed, whether or not broken demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Indonesia's trade surplus of $15.93 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 communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus present expansion opportunities.
Market Diversification
Beyond current focus on soya beans: other than seed, whether or not broken, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified 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 USA represents a total trade volume of $37.39 billion in 2023. This partnership demonstrates a favorable trade balance for Indonesia, with exports exceeding importsby $15.93 billion.

Export Strengths

Indonesia's exports to USA total $26.66 billion, with competitive advantages in vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified, representing $1.64B or6.1% of bilateral exports.

Import Dependencies

Imports from USA amount to $10.73 billion, highlighting economic interdependence in soya beans: other than seed, whether or not broken, with Soya beans: other than seed, whether or not broken comprising11.7% 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 USA 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