2022
Exports
$1.98BWorld Rnk 1 / 155
Flag Rnk 29 / 1194
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$49.7MWorld Rnk 53 / 219
Flag Rnk 495 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $1.98B in Margarine, making it the 1st largest exporter of Margarine in the world. At the same year, Margarine was the 29th most exported product in Indonesia. The main destination of Margarine exports from Indonesia are: China ($1.21B), Nigeria ($80.8M), Italy ($59.4M), Algeria ($47.3M), and Vietnam ($35.3M).

The fastest growing export markets for Margarine of Indonesia between 2021 and 2022 were China ($250M), Uzbekistan ($17.9M), and Italy ($15.4M).

Imports In 2022, Indonesia imported $49.7M in Margarine, becoming the 53rd largest importer of Margarine in the world. At the same year, Margarine was the 495th most imported product in Indonesia. Indonesia imports Margarine primarily from: Malaysia ($18M), Singapore ($10.8M), Australia ($9.86M), Japan ($1.98M), and United States ($1.62M).

The fastest growing import markets in Margarine for Indonesia between 2021 and 2022 were Malaysia ($3.98M), Singapore ($2.65M), and Thailand ($1.08M).

COMPANIES In 2023, leading companies such as Barry Callebaut (11) were at the forefront of shipping Margarine from Indonesia to the United States.

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 Margarine. 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)$1.98B
IMPORTS (2022)$49.7M
NET TRADE (2022)$1.93B

In 2022, Indonesia exported $1.98B in Margarine. The main destinations of Indonesia exports on Margarine were China ($1.21B), Nigeria ($80.8M), Italy ($59.4M), Algeria ($47.3M), and Vietnam ($35.3M).

In 2022, Indonesia imported $49.7M in Margarine, mainly from Malaysia ($18M), Singapore ($10.8M), Australia ($9.86M), Japan ($1.98M), and United States ($1.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$250M (26.1%)
Uzbekistan$17.9M (1.36k%)
Italy$15.4M (34.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Indonesia WERE (2021 - 2022):
Ukraine-$17.7M (-79.5%)
Ghana-$12.5M (-39.9%)
Denmark-$5.85M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Margarine were:
In 2022, Indonesia's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.7M
TOP IMPORT POTENTIALMalaysia+ $6.81M

Margarine’s highest export potential is United States. With an export gap of $20.7M.   Margarine’s highest import potential is Malaysia with an import gap of $6.81M.

See methodology.

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