2022
Exports
$9.84MWorld Rnk 66 / 177
Flag Rnk 566 / 1194
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$293MWorld Rnk 20 / 219
Flag Rnk 171 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $9.84M in Iron Blocks, making it the 66th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 566th most exported product in Indonesia. The main destination of Iron Blocks exports from Indonesia are: Malaysia ($6.94M), Singapore ($1.61M), Timor-Leste ($328k), Indonesia ($211k), and Australia ($154k).

The fastest growing export markets for Iron Blocks of Indonesia between 2021 and 2022 were Malaysia ($5.96M), Indonesia ($211k), and Qatar ($98.8k).

Imports In 2022, Indonesia imported $293M in Iron Blocks, becoming the 20th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 171st most imported product in Indonesia. Indonesia imports Iron Blocks primarily from: China ($154M), Singapore ($78.6M), Thailand ($27.3M), United Arab Emirates ($4.48M), and South Korea ($4.27M).

The fastest growing import markets in Iron Blocks for Indonesia between 2021 and 2022 were China ($78.7M), Singapore ($51.6M), and United Arab Emirates ($3.56M).

Latest Trends

Jul 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 Iron Blocks. 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)$9.84M
IMPORTS (2022)$293M
NET TRADE (2022)-$283M

In 2022, Indonesia exported $9.84M in Iron Blocks. The main destinations of Indonesia exports on Iron Blocks were Malaysia ($6.94M), Singapore ($1.61M), Timor-Leste ($328k), Indonesia ($211k), and Australia ($154k).

In 2022, Indonesia imported $293M in Iron Blocks, mainly from China ($154M), Singapore ($78.6M), Thailand ($27.3M), United Arab Emirates ($4.48M), and South Korea ($4.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Malaysia$5.96M (610%)
Indonesia$211k (1%)
Qatar$98.8k (7.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Indonesia WERE (2021 - 2022):
Canada-$3.49M (-100%)
Singapore-$1.44M (-47.2%)
Iraq-$870k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Indonesia's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $2.01M
TOP IMPORT POTENTIALChina+ $11.9M

Iron Blocks’s highest export potential is Malaysia. With an export gap of $2.01M.   Iron Blocks’s highest import potential is China with an import gap of $11.9M.

See methodology.

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