2022
Exports
$2.39MWorld Rnk 41 / 122
Flag Rnk 754 / 1194
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$262MWorld Rnk 1 / 191
Flag Rnk 189 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $2.39M in Steam Turbines, making it the 41st largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 754th most exported product in Indonesia. The main destination of Steam Turbines exports from Indonesia are: South Korea ($1.03M), India ($801k), Singapore ($180k), China ($155k), and Japan ($75.6k).

The fastest growing export markets for Steam Turbines of Indonesia between 2021 and 2022 were India ($467k), South Korea ($224k), and China ($149k).

Imports In 2022, Indonesia imported $262M in Steam Turbines, becoming the 1st largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 189th most imported product in Indonesia. Indonesia imports Steam Turbines primarily from: China ($162M), Germany ($48.7M), Japan ($23.8M), United States ($7.3M), and Malaysia ($5.4M).

The fastest growing import markets in Steam Turbines for Indonesia between 2021 and 2022 were Germany ($33.9M), China ($14.7M), and Japan ($5.69M).

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 Steam Turbines. 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)$2.39M
IMPORTS (2022)$262M
NET TRADE (2022)-$260M

In 2022, Indonesia exported $2.39M in Steam Turbines. The main destinations of Indonesia exports on Steam Turbines were South Korea ($1.03M), India ($801k), Singapore ($180k), China ($155k), and Japan ($75.6k).

In 2022, Indonesia imported $262M in Steam Turbines, mainly from China ($162M), Germany ($48.7M), Japan ($23.8M), United States ($7.3M), and Malaysia ($5.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
India$467k (140%)
South Korea$224k (27.6%)
China$149k (2.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Indonesia WERE (2021 - 2022):
Germany-$2.64M (-100%)
Singapore-$776k (-81.1%)
Iraq-$745k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Steam Turbines were:
In 2022, Indonesia's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $393k
TOP IMPORT POTENTIALJapan+ $5.84M

Steam Turbines’s highest export potential is India. With an export gap of $393k.   Steam Turbines’s highest import potential is Japan with an import gap of $5.84M.

See methodology.

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