Indonesia - Brazil Trade 2025 Q2: Deficit & Resource Exchange
Key Market Takeaways: Indonesia - Brazil Trade
The bilateral trade relationship between Indonesia and Brazil shows growth with volatility in Q2 2025.
- Economic Pulse: Indonesia runs a $723M trade deficit with Brazil, importing $1.3B (2.3x exports) amid fluctuating YoY growth.
- Exchange Structure: Indonesia - Brazil trade statistics reveal a resource-for-resource complementarity—processed fats/oils and machinery flow to Brazil, while agricultural byproducts and fuels dominate imports.
- Strategic Interdependence: The partnership reflects moderate value-add asymmetry, with Indonesia exporting more manufactured goods alongside raw materials.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Indonesia-Brazil Trade Trend in Q2 2025
Indonesia Export Performance: Shipments to Brazil
- Total Volume: $576.92M in Q2 2025.
- Growth Trend & Context:
- YoY growth was strong in April (+60.82%) and May (+31.52%), but flattened to 0% in June.
- No specific trade news to explain the volatility.
- Key Volatility: April saw a sharp MoM drop (-22.44%), followed by a rebound in May (+12.77%).
Indonesia Import Performance: Sourcing from Brazil
- Total Volume: $1.30B in Q2 2025.
- Growth Trend & Context:
- YoY was sharply negative in April (-30.2%) but rebounded to +14.68% in May before stabilizing at 0% in June.
- Key Volatility: May recorded the highest MoM jump (+31.26%), while April was the weakest month.
Indonesia - Brazil Trade Balance & Market Dynamics
- Net Position: Trade Deficit of $723.08M (Imports > Exports).
- Relationship Status: Indonesia remains a net importer from Brazil, with imports nearly 2.3x exports in Q2.
Indonesia Import Trend from Brazil 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 353.35M | 9.85% | -30.2% |
| May | 463.82M | 31.26% | 14.68% |
| Jun | 480.53M | 3.6% | 0.0% |
| Total | 1.30B | - | - |
Indonesia Export Trend to Brazil 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 177.18M | -22.44% | 60.82% |
| May | 199.80M | 12.77% | 31.52% |
| Jun | 199.94M | 0.07% | 0.0% |
| Total | 576.92M | - | - |
Get Historical Indonesia Brazil Trade Records
Indonesia-Brazil Top Trading Products in Q2 2025
Indonesia Export Profile: What Does Indonesia Sell to Brazil
- Top Commodity: Rank #1 export is HS 15 (Animal/Vegetable Fats & Oils) at 31.47% of total exports to Brazil.
- Demand Driver: Brazil likely uses these for industrial processing (e.g., food manufacturing, biofuels).
- Concentration: Trade is moderately concentrated, with the top 3 categories (HS 15, 85, 87) accounting for 55.67% of exports.
Indonesia Import Profile: What Does Indonesia Buy from Brazil
- Top Commodity: Rank #1 import is HS 23 (Residues & Waste from Food Industries) at 34.17% of total imports from Brazil.
- Dependency Nature: Reflects raw material dependency, likely for animal feed or fertilizer production.
Indonesia - Brazil Trade Relationship Dynamics
- The Exchange Model: Resource-for-Resource Complementarity. Indonesia supplies processed fats/oils (HS 15) and machinery (HS 85, 87), while Brazil provides agricultural byproducts (HS 23) and fuels (HS 27).
- Value Chain Position: Indonesia holds a slightly higher value-add position, exporting manufactured goods (e.g., machinery, vehicles) alongside raw materials, while Brazil’s exports are predominantly primary commodities.
Import Analysis by Product: Brazil to Indonesia (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 23 | 443.43M | 34.17% |
| 17 | 251.06M | 19.35% |
| 27 | 215.34M | 16.59% |
| 24 | 77.73M | 5.99% |
| 52 | 76.78M | 5.92% |
| 47 | 38.15M | 2.94% |
| 26 | 35.98M | 2.77% |
| 02 | 23.34M | 1.80% |
| 10 | 20.08M | 1.55% |
| 87 | 15.02M | 1.16% |
Export Analysis by Product: Indonesia to Brazil (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 15 | 181.56M | 31.47% |
| 85 | 70.54M | 12.23% |
| 87 | 69.06M | 11.97% |
| 27 | 47.63M | 8.26% |
| 40 | 45.62M | 7.91% |
| 84 | 30.24M | 5.24% |
| 64 | 28.21M | 4.89% |
| 38 | 15.46M | 2.68% |
| 72 | 14.75M | 2.56% |
| 55 | 10.73M | 1.86% |
Check Detailed Indonesia-Brazil Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
Indonesia’s trade with Brazil is poised for moderate growth in Q3 2025, driven by sustained demand for processed fats/oils (HS 15) and machinery (HS 85, 87) from Brazil’s industrial sector. However, volatility in monthly trade flows—particularly the sharp April declines and June stagnation—suggests potential supply chain disruptions or pricing pressures. The persistent trade deficit ($723M in Q2) will likely narrow slightly if Indonesia capitalizes on Brazil’s reliance on its higher-value exports, but import dependency on Brazilian agricultural byproducts (HS 23) remains a structural challenge.
Strategic Moves
- Lock in Long-Term Contracts for HS 15 Exports: Brazilian demand for Indonesian fats/oils is stable but subject to price swings. Exporters should secure multi-quarter agreements to stabilize revenue.
- Diversify Import Sources for HS 23: Reduce reliance on Brazilian agricultural residues by exploring alternative suppliers in Southeast Asia or Africa to mitigate supply chain risks.
- Expand Machinery (HS 85, 87) Market Share: Target Brazil’s industrial and automotive sectors with competitive pricing and financing terms, leveraging Indonesia’s value-add advantage.
Frequently Asked Questions
How did Indonesia - Brazil trade perform in 2025 Q2?
Indonesia's exports to Brazil totaled $576.92M, with strong YoY growth in April and May, while imports from Brazil reached $1.30B, showing mixed YoY trends.
What are the top exports from Indonesia to Brazil?
The top exports are HS 15 (Animal/Vegetable Fats & Oils), HS 85 (Machinery), and HS 87 (Vehicles), accounting for 55.67% of total exports.
What does Indonesia import from Brazil?
Indonesia primarily imports HS 23 (Residues & Waste from Food Industries) and HS 27 (Fuels), with HS 23 alone making up 34.17% of total imports.
What is the trade balance between Indonesia and Brazil?
Indonesia recorded a trade deficit of $723.08M with Brazil in Q2 2025, as imports were nearly 2.3x higher than exports.
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