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How dependent is Vietnam on Indonesia?

In 2024, Indonesia sold $9.5 billion to Vietnam, 2.5% of its imports, ranking 10th among its suppliers. Its share was 2.3% in 2019 and 3.6% in 1995. In 17 products it sells more than 50% of what Vietnam buys of them (in 5, more than 75%); what Vietnam buys from Indonesia in those products (dominated value) adds up to $2.3 billion, 0.62% of its imports.

Summary

Share of its imports
2.5%
Value imported
$9.5billion
Rank among its suppliers
10th
Products where it sells over 50%
17
Products where it sells over 75%
5
Dominated value
$2.3billion
Share of total imports
0.6%

Trend

Trend in shares

Indonesia went from 3.6% to 2.5% of what Vietnam buys

Share (%)

  • Indonesia 2.5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952883.6%8
19963643.6%9
19973503.2%9
19982902.8%11
19993243%9
20004872.7%10
20014162.3%11
20024672.1%11
20036532.3%11
20047882.3%11
20058622.2%11
20061,2182.5%10
20071,6072.4%11
20082,0852.5%11
20091,8072.4%11
20102,1522.3%11
20112,5512.2%12
20122,5242.1%12
20132,5881.8%12
20142,8021.8%12
20153,1151.8%11
20163,3351.8%11
20173,9901.8%11
20185,1762.1%9
20196,0682.3%8
20205,5782.1%8
20217,6372.3%9
20229,5272.7%9
20238,7172.7%7
20249,5082.5%10

Products where Indonesia sells more than half

ProductSupplierShareSecondValue
Stainless steel sheetIndonesia60.9%China · 21.4%$1.1 billion
Palm oilIndonesia59.5%Malaysia · 40.4%$591 million
MotorcyclesIndonesia52.1%China · 34.6%$165 million
CokeIndonesia58.3%China · 41.6%$141 million
Pepper, dried chili and paprikaIndonesia50.2%Brazil · 14.5%$99 million
Semi-finished steelIndonesia90.7%over 75%Thailand · 7.4%$66 million
Industrial fatty acidsIndonesia56.1%Malaysia · 29%$46 million
Tissue paper stockIndonesia74.6%China · 9.5%$41 million
MargarineIndonesia52.6%Malaysia · 17.4%$35 million
Edible insects and other animal productsIndonesia71.5%Malaysia · 27.2%$22 million
Nutmeg, mace and cardamomIndonesia86.4%over 75%India · 10%$16 million
ClovesIndonesia62.5%Madagascar · 30.4%$8 million
Central heating boilersIndonesia86.8%over 75%China · 4.8%$8 million
Crude glycerinIndonesia54%Malaysia · 33.8%$7 million
LigniteIndonesia97.2%over 75%United States · 2.8%$4 million
Gelatin capsules and carved articlesIndonesia52.3%India · 37.7%$3 million
Wood charcoalIndonesia85.4%over 75%Japan · 9.3%$2 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Indonesia

Vietnam is Indonesia’s 9th-largest customer, with 3.1% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.