2022
Exports
$18.8MWorld Rnk 44 / 156
Flag Rnk 472 / 1194
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$133MWorld Rnk 27 / 216
Flag Rnk 290 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $18.8M in Iron Wire, making it the 44th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 472nd most exported product in Indonesia. The main destination of Iron Wire exports from Indonesia are: Australia ($6.89M), New Zealand ($3.2M), China ($2.19M), Malaysia ($1.4M), and India ($1.35M).

The fastest growing export markets for Iron Wire of Indonesia between 2021 and 2022 were Australia ($3.56M), Rwanda ($401k), and South Korea ($400k).

Imports In 2022, Indonesia imported $133M in Iron Wire, becoming the 27th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 290th most imported product in Indonesia. Indonesia imports Iron Wire primarily from: N/A.

The fastest growing import markets in Iron Wire for Indonesia between 2021 and 2022 were China ($11.6M), Malaysia ($3.45M), and Chinese Taipei ($1.39M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$18.8M
IMPORTS (2022)$133M
NET TRADE (2022)-$114M

In 2022, Indonesia exported $18.8M in Iron Wire. The main destinations of Indonesia exports on Iron Wire were Australia ($6.89M), New Zealand ($3.2M), China ($2.19M), Malaysia ($1.4M), and India ($1.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Australia$3.56M (107%)
Rwanda$401k (1%)
South Korea$400k (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Indonesia WERE (2021 - 2022):
Burma-$2.4M (-100%)
India-$2M (-59.7%)
New Zealand-$979k (-23.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Indonesia's main exporting competitors in Iron Wire were:
In 2022, Indonesia's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.38M
TOP IMPORT POTENTIALChina+ $16.6M

Iron Wire’s highest export potential is China. With an export gap of $1.38M.   Iron Wire’s highest import potential is China with an import gap of $16.6M.

See methodology.

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