Economic Relations Overview
Bilateral Relations Dynamics
Indonesia – Vietnam
Vietnam has emerged as a strategic trading partner for Indonesia in ASEAN, with a unique dynamic that blends competition and collaboration. Both nations complement each other in electronics supply chains, food security, and manufacturing, creating a resilient partnership foundation amid rapid regional economic growth.
Indonesia's exports to Vietnam are dominated by coal to support Vietnam's rapidly expanding industrial energy needs, as well as motor vehicles and parts leveraging Indonesia's automotive production capacity. Iron and steel products, chemicals, and paper also contribute significantly to Indonesia's export basket to the Vietnamese market.
On the import side, Indonesia relies on Vietnam for rice as a strategic component of national food security, electronic components from multinational factories like Samsung, and textile products that complement domestic garment industry needs. This trade pattern reflects strong interdependence in manufacturing supply chains and consumption needs fulfillment.
"Vietnam is not just a competitor, but a strategic partner that strengthens ASEAN supply chain integration and regional food security through mutually beneficial cooperation."
Indonesia Exports → Vietnam
Top Export Commodities
Five major commodities dominating Indonesia's export flow to the Vietnamese market, leveraging Indonesia's position as a regional energy and manufacturing supplier.
Coal
Vital energy source exported to support Vietnam's industrial expansion and power generation.
Vehicles & Parts
Motor vehicles and automotive components for Vietnam's growing consumer and industrial markets.
Iron and Steel
Raw and semi-finished steel products for Vietnam's construction and manufacturing industries.
Chemicals
Various chemical products for Vietnam's manufacturing and agricultural industry needs.
Paper Products
Paper and cardboard for Vietnam's education, office, and packaging industry sectors.
Export Data Summary — HS Code & Significance
| Commodity | HS Code | Significance | Ref. |
|---|---|---|---|
| Coal | 2701 | Energy for industry & power generation | [9] |
| Vehicles & Parts | 87 | Growing Vietnamese automotive market | [9] |
| Iron and Steel | 72 | Raw materials for construction & manufacturing | [9] |
| Chemicals | 29-38 | Input for manufacturing industries | [9] |
| Paper Products | 48 | Education & packaging sector needs | [9] |
Vietnam Imports → Indonesia
Top Imported Commodities
Vietnam serves as a strategic supplier for food security and electronic components supporting Indonesian industries.
Rice
Strategic import for national food security and domestic price stability.
Phones & Electronic Components
Components from Samsung and other multinational factories for Indonesian assembly industries.
Textiles & Textile Products
Fabrics and finished garments complementing Indonesia's garment industry supply chain.
Import Data Summary
| Commodity | HS Code | Significance |
|---|---|---|
| Rice | 1006 | Strategic for national food security |
| Phones & Electronic Components | 85 | Input for electronics & assembly industries |
| Textiles & Textile Products | 50-63 | Raw materials & finished goods for garment industry |
Strategic Highlight
Vietnam: Strategic Rice Supplier
for Indonesia's Food Security
Approximately 35% of Indonesia's strategic rice imports come from Vietnam, making this country a key partner in maintaining national food supply stability amid climate dynamics and increasing domestic demand.
Vietnam's contribution to Indonesia's strategic rice imports
Regional food supply through ASEAN cooperation
Potential for diversification of other food commodities
Moving Forward
Prospects & Strategy for
Bilateral Partnership
The future of Indonesia-Vietnam partnership is highly promising, driven by ASEAN economic integration and dynamic consumer market growth in both countries. The focus is leveraging complementarity in electronics supply chains, food security, and manufacturing to create shared value.
Therefore, strategies to improve logistics connectivity, facilitate intra-ASEAN trade, and explore new sectors such as digital economy and renewable energy become tactical instruments for Indonesian entrepreneurs to penetrate Vietnam's increasingly competitive market.
Regional Food Security
Strengthening trade cooperation in rice and strategic food commodities to maintain supply stability in ASEAN.
Electronics Supply Chain Integration
Leveraging Vietnam's electronics manufacturing ecosystem to strengthen Indonesia's position in global supply chains.
Automotive Market Expansion
Increasing exports of Indonesian motor vehicles and parts to Vietnam's rapidly growing market.
Digital Economy & Startups
Exploring collaboration in digital ecosystem development, e-commerce, and technology startups between both countries.
Explore Further
Strategic Partners in Southeast Asia
References & Data Sources
15 verified sources — click to expand
References & Data Sources
15 verified sources — click to expand
Bibliography & Sources (APA Format)
- [1]World's Top Exports. (n.d.). Indonesia's Top Trading Partners 2025. worldstopexports.com
- [2]BPS-Statistics Indonesia. (2024). Nilai Ekspor Menurut Negara/Wilayah/Entitas tertentu Tujuan Utama (Nilai FOB: juta US$), 2000–2024. bps.go.id
- [3]BPS-Statistics Indonesia. (2024). Balance of Trade of Selected Country/Region/Certain Entity (Million US$), 2024. bps.go.id
- [4]Kementerian Investasi/BKPM. (2024). Realisasi Investasi 2024. bkpm.go.id
- [9]tradeint.com. (2025). Indonesia Export Data 2025: Top Partners, Products Analysis. tradeint.com
- [11]Coordinating Ministry for Economic Affairs RI. (2025). Ekonomi Indonesia Terkini — RED Desember 2025. ekon.go.id
- [12]BPS-Statistics Indonesia. (2025). Foreign Trade Statistics Monthly Export, January 2025. bps.go.id
- [13]BPS-Statistics Indonesia. (2025). Exports and Imports of Indonesia, January 2025. web-api.bps.go.id (PDF)