2022
Exports
$1.77MWorld Rnk 47 / 123
Flag Rnk 788 / 1194
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$120MWorld Rnk 22 / 197
Flag Rnk 316 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $1.77M in Petroleum Resins, making it the 47th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 788th most exported product in Indonesia. The main destination of Petroleum Resins exports from Indonesia are: Vietnam ($377k), Japan ($371k), Singapore ($268k), Malaysia ($192k), and China ($179k).

The fastest growing export markets for Petroleum Resins of Indonesia between 2021 and 2022 were Philippines ($112k), Malaysia ($65.3k), and Hong Kong ($36.4k).

Imports In 2018, Indonesia imported $120M in Petroleum Resins, becoming the 22nd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 316th most imported product in Indonesia. Indonesia imports Petroleum Resins primarily from: China ($44.8M), Japan ($20M), South Korea ($15.6M), Thailand ($9.44M), and Chinese Taipei ($8.57M).

The fastest growing import markets in Petroleum Resins for Indonesia between 2021 and 2022 were China ($8.81M), Belgium ($351k), and Japan ($323k).

COMPANIES In 2023, leading companies such as Michael Kors (8) and Arhaus (1) were at the forefront of shipping Petroleum Resins from Indonesia to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Petroleum Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.77M
IMPORTS (2022)$120M
NET TRADE (2022)-$118M

In 2022, Indonesia exported $1.77M in Petroleum Resins. The main destinations of Indonesia exports on Petroleum Resins were Vietnam ($377k), Japan ($371k), Singapore ($268k), Malaysia ($192k), and China ($179k).

In 2022, Indonesia imported $120M in Petroleum Resins, mainly from China ($44.8M), Japan ($20M), South Korea ($15.6M), Thailand ($9.44M), and Chinese Taipei ($8.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Philippines$112k (177%)
Malaysia$65.3k (51.4%)
Hong Kong$36.4k (381%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Indonesia WERE (2021 - 2022):
Singapore-$187k (-41%)
Saudi Arabia-$96.1k (-100%)
Vietnam-$76.9k (-16.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Petroleum Resins were:
In 2022, Indonesia's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $441k
TOP IMPORT POTENTIALChina+ $7.53M

Petroleum Resins’s highest export potential is China. With an export gap of $441k.   Petroleum Resins’s highest import potential is China with an import gap of $7.53M.

See methodology.

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