Peru's non-traditional exports to Indonesia reached US$66 million in the first half of 2025, down 19.2% from the same period in 2024, due to lower shipments of cacao beans, the
This particular item (cacao beans) fell from US$42.1 million between January and June last year —when it accounted for 51% of total value-added exports— to US$14.2 million in the same period this year.
In 2024, cacao and byproduct exports worldwide grew by 200% compared to 2023, driven by the weakening of Ghana and Côte d'Ivoire, the world's main suppliers, which faced severe climate-related problems.
This was further supported by compliance with environmental regulations established by the European Union to prevent deforestation.
Exports to Indonesia
In the period in question, among all Peruvian value-added exports to Indonesia, the metalworking sector stood out with US$26.6 million.
Self-propelled drilling machines (US$21.9 million), which grew by 53%, front-end loaders and shovels, as well as other lifting, unloading, or handling machines and equipment, were part of its offering.
It was followed by the agribusiness sector (US$20.2 million), despite a 63.4% decline due to lower cacao bean shipments, although fully or partially defatted cacao paste, unsweetened cacao powder, and forage seeds were also traded.
Non-metallic mining ranked third (US$16.2 million), with anthracite (US$11.5 million) standing out as its leading item, accounting for 70.9%.
Goods from the iron and steel, chemical, miscellaneous, apparel, textile, and fishing industries for direct human consumption were also exported.
Trade agreement
As part of an official delegation to Asia, led by President Dina Boluarte, Foreign Trade and Tourism Minister Ursula Leon will sign the Peru–Indonesia Comprehensive Economic Partnership Agreement (CEPA) in Jakarta on August 11.
The CEPA is expected to open new opportunities for trade, investment, and cooperation with that Asian country, which has a population of over 276 million and is considered the fifth-largest economy in Asia.
Opportunity
The Untapped Opportunities Report: Anthracite to Indonesia by the Cien-Adex Global Economy and Business Research Center points to greater potential for this product in that market.
Between 2020 and 2024, Indonesia imported it dynamically, achieving an average annual growth rate of 31.8%; however, last year its purchases of Peruvian anthracite accounted for only 2.3% of the total.
China, Russia, and Vietnam were its main suppliers, accounting for 96.3% of the total.
Primary shipments to Indonesia between January and June totaled US$1.061 million, with traditional mining standing out. According to Trade Map, in 2024 Indonesia was the world's fourth-largest buyer of anthracite.