In October, Vietnam imported US$939.25 million worth of goods from Indonesia, down 2.29 percent over September, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has imported US$9,377 million worth of goods from Indonesia.
Vietnam’s biggest import from Indonesia in value terms was coal, worth US$143.18 million. This was down 7.34 percent over September. It brings the total imported so far this year to US$1,757.84 million.
This was followed by “other products”, valued at US$112.80 million, down 10.96 percent from September. Year-to-date these imports reached US$869.53 million.
Iron and steel were also popular imports from Indonesia, totalling US$89.29 million, falling 31.57 percent over September. Cumulative imports now stand at US$1,220.48 million.
Other base metals also featured prominently, accounting for US$82.81 million worth of imports from Indonesia, an increase of 100.32 percent versus September. Total imports so far this year are sitting at US$625.49 million.
Imports of animal, vegetable fats and oils from Indonesia round out the top five, valued at US$81.58 million.
Learn more about manufacturing in Vietnam→
Vietnam imports from Indonesia in October US$millions
| October | September | MoM | YTD | |
| Total | 939.25 | 961.26 | -2.29% | 9,377.27 |
| Coal | 143.18 | 154.52 | -7.34% | 1,757.84 |
| Other products | 112.80 | 126.68 | -10.96% | 869.53 |
| Iron and steel | 89.29 | 130.48 | -31.57% | 1,220.48 |
| Other base metals | 82.81 | 41.34 | 100.32% | 625.49 |
| Animal, vegetable fats and oils | 81.58 | 116.79 | -30.15% | 790.34 |
| Motor vehicles | 77.12 | 102.12 | -24.48% | 915.61 |
| Fishery products | 42.40 | 37.36 | 13.48% | 387.33 |
| Computers, electrical products, spare-parts and components thereof | 39.73 | 23.64 | 68.05% | 433.12 |
| Paper | 31.25 | 30.92 | 1.09% | 293.56 |
| Parts and accessories of motor vehicles | 28.74 | 25.94 | 10.81% | 266.77 |
| Chemical products | 25.70 | 18.50 | 38.91% | 182.79 |
| Machine, equipment, tools and instruments | 20.57 | 18.53 | 10.99% | 188.51 |
| Pastries, sweets and cereal products | 19.82 | 12.30 | 61.17% | 111.26 |
| Chemicals | 18.81 | 14.15 | 32.94% | 136.10 |
| Plastics | 13.26 | 13.16 | 0.80% | 157.54 |
| Cashew nut | 12.84 | 2.93 | 338.00% | 42.04 |
| Rubber | 12.21 | 8.80 | 38.75% | 91.82 |
| Animal fodders and animal fodder materials | 11.04 | 14.19 | -22.19% | 132.50 |
| Essential oils and resinoids; perfumery, cosmetic | 10.30 | 10.39 | -0.93% | 86.42 |
| Yarn | 8.18 | 8.18 | -0.08% | 81.45 |
| Fabrics | 6.92 | 7.69 | -10.05% | 81.45 |
| Textile, leather and footwear materials and auxiliaries | 6.56 | 4.72 | 38.89% | 53.85 |
| Paper products | 5.55 | 2.43 | 128.39% | 35.42 |
| Other edible food preparations | 5.04 | 6.12 | -17.66% | 44.29 |
| Plastic products | 4.80 | 4.39 | 9.47% | 43.57 |
| Insulated wires and cables | 4.72 | 4.82 | -2.16% | 46.97 |
| Insecticides, rodenticides and materials | 3.96 | 4.11 | -3.71% | 33.85 |
| Pharmaceutical products | 3.77 | 1.14 | 230.47% | 16.26 |
| Glass and glassware | 3.61 | 4.14 | -12.76% | 26.22 |
| Wood and wooden products | 2.84 | 1.89 | 49.88% | 22.80 |
| Electric consumer products and parts thereof | 2.75 | 1.56 | 76.87% | 50.29 |
| Iron and steel products | 2.40 | 1.62 | 48.03% | 16.41 |
| Cotton | 1.27 | 1.33 | -4.05% | 15.76 |
| Rubber products | 1.08 | 1.10 | -1.85% | 14.15 |
| Other petroleum products | 0.86 | 1.47 | -41.41% | 11.33 |
| Fertilizers | 0.74 | 1.18 | -36.94% | 33.03 |
| Tobacco materials | 0.59 | 0.40 | 50.03% | 59.03 |
| Other base metal products | 0.16 | 0.22 | -27.84% | 2.09 |
Vietnam exports to Indonesia
In October, Vietnam exported US$470 billion worth of goods to Indonesia, up 7.2 percent over September, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has exported US$4,742 million worth of goods to Indonesia.
Read the full reporting on Vietnam exports to Indonesia in October→
Vietnam trade with Indonesia
In October, Vietnam imported goods worth US$939.25 million from Indonesia and exported US$470.07 million, bringing total trade to US$1,409.32 million and resulting in a trade deficit of US$469.19 million.
Two-way trade so far this year between Vietnam and Indonesia has reached US$14,118.96 million, with Vietnam importing US$9,377.27 million worth of goods and exporting US$4,741.69 million.
Discover more about trade in Vietnam→
Vietnam trade with Indonesia year to date US$millions
| October | September | MoM | YTD | |
| Imports | 939.25 | 961.26 | -2.29% | 9,377.27 |
| Exports | 470.07 | 438.49 | 7.20% | 4,741.69 |
| Total | 1,409.32 | 1,399.74 | 0.68% | 14,118.96 |
| Balance | -469.19 | -522.77 | -10.25% | -4,635.58 |
Vietnam-Indonesia trade & investment news
Outbound investment
In early November it was reported that FPT had signed a strategic cooperation agreement with Indonesia’s LAPI ITB and Digital Utama Lestari to support the country’s national digital transformation programme.
The partnership aims to generate US$100 million in revenue over five years through technology platforms and services in public administration, finance, tourism, agriculture, and logistics, local reporting said.
Vietnam-Indonesia trade relations
Vietnam and Indonesia established diplomatic relations in 1955 and upgraded ties to a Strategic Partnership in 2013. Both are key ASEAN economies with rapidly growing bilateral trade driven by manufacturing, agriculture, and energy cooperation.
Indonesia is one of Vietnam’s top regional trading partners, supplying coal, automotive parts, and palm oil, while importing rice, electronics, and garments from Vietnam.
The countries also cooperate under the ASEAN Economic Community framework.