2022
Exports
$19.6MWorld Rnk 58 / 166
Flag Rnk 466 / 1194
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$1.29BWorld Rnk 4 / 224
Flag Rnk 30 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $19.6M in Concentrated Milk, making it the 58th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 466th most exported product in Indonesia. The main destination of Concentrated Milk exports from Indonesia are: Philippines ($9.4M), Timor-Leste ($4.31M), Singapore ($2.14M), Vietnam ($1.98M), and Cambodia ($336k).

The fastest growing export markets for Concentrated Milk of Indonesia between 2021 and 2022 were Timor-Leste ($1.36M), Singapore ($1.15M), and Vietnam ($594k).

Imports In 2022, Indonesia imported $1.29B in Concentrated Milk, becoming the 4th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 30th most imported product in Indonesia. Indonesia imports Concentrated Milk primarily from: New Zealand ($613M), United States ($298M), Australia ($170M), Belgium ($102M), and Germany ($23.8M).

The fastest growing import markets in Concentrated Milk for Indonesia between 2021 and 2022 were New Zealand ($316M), United States ($80.9M), and Australia ($67.2M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1) and IKEA Group (1) were at the forefront of shipping Concentrated Milk 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 Concentrated Milk. 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)$19.6M
IMPORTS (2022)$1.29B
NET TRADE (2022)-$1.27B

In 2022, Indonesia exported $19.6M in Concentrated Milk. The main destinations of Indonesia exports on Concentrated Milk were Philippines ($9.4M), Timor-Leste ($4.31M), Singapore ($2.14M), Vietnam ($1.98M), and Cambodia ($336k).

In 2022, Indonesia imported $1.29B in Concentrated Milk, mainly from New Zealand ($613M), United States ($298M), Australia ($170M), Belgium ($102M), and Germany ($23.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Timor-Leste$1.36M (45.8%)
Singapore$1.15M (117%)
Vietnam$594k (42.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Indonesia WERE (2021 - 2022):
Pakistan-$2.07M (-99.2%)
Sri Lanka-$809k (-92.8%)
Burma-$344k (-91.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Concentrated Milk were:
In 2022, Indonesia's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $1.11M
TOP IMPORT POTENTIALMalaysia+ $16.7M

Concentrated Milk’s highest export potential is Vietnam. With an export gap of $1.11M.   Concentrated Milk’s highest import potential is Malaysia with an import gap of $16.7M.

See methodology.

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