2022
Exports
$26.4MWorld Rnk 40 / 209
Flag Rnk 421 / 1194
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$206MWorld Rnk 18 / 223
Flag Rnk 207 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $26.4M in Padlocks, making it the 40th largest exporter of Padlocks in the world. At the same year, Padlocks was the 421st most exported product in Indonesia. The main destination of Padlocks exports from Indonesia are: Japan ($6.73M), Thailand ($5.36M), Brazil ($3.22M), Vietnam ($2.56M), and Malaysia ($2.36M).

The fastest growing export markets for Padlocks of Indonesia between 2021 and 2022 were Thailand ($2.05M), Brazil ($1.2M), and China ($748k).

Imports In 2022, Indonesia imported $206M in Padlocks, becoming the 18th largest importer of Padlocks in the world. At the same year, Padlocks was the 207th most imported product in Indonesia. Indonesia imports Padlocks primarily from: China ($147M), Thailand ($24.7M), Japan ($9.48M), India ($4.97M), and Singapore ($4.19M).

The fastest growing import markets in Padlocks for Indonesia between 2021 and 2022 were China ($20.7M), Thailand ($4.84M), and South Korea ($3.13M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Padlocks. 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)$26.4M
IMPORTS (2022)$206M
NET TRADE (2022)-$179M

In 2022, Indonesia exported $26.4M in Padlocks. The main destinations of Indonesia exports on Padlocks were Japan ($6.73M), Thailand ($5.36M), Brazil ($3.22M), Vietnam ($2.56M), and Malaysia ($2.36M).

In 2022, Indonesia imported $206M in Padlocks, mainly from China ($147M), Thailand ($24.7M), Japan ($9.48M), India ($4.97M), and Singapore ($4.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Thailand$2.05M (62.1%)
Brazil$1.2M (59%)
China$748k (890%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Indonesia WERE (2021 - 2022):
Mexico-$886k (-82.3%)
United States-$655k (-67.1%)
Japan-$495k (-6.85%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Indonesia's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.41M
TOP IMPORT POTENTIALChina+ $20.8M

Padlocks’s highest export potential is Malaysia. With an export gap of $1.41M.   Padlocks’s highest import potential is China with an import gap of $20.8M.

See methodology.

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