2022
Exports
$13.7BWorld Rnk 1 / 129
Flag Rnk 3 / 1194
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$1.5BWorld Rnk 8 / 172
Flag Rnk 24 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $13.7B in Ferroalloys, making it the 1st largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 3rd most exported product in Indonesia. The main destination of Ferroalloys exports from Indonesia are: China ($13.2B), India ($247M), Chinese Taipei ($140M), South Korea ($120M), and Algeria ($3.46M).

The fastest growing export markets for Ferroalloys of Indonesia between 2021 and 2022 were China ($6.86B), South Korea ($21.3M), and Philippines ($2.81M).

Imports In 2022, Indonesia imported $1.5B in Ferroalloys, becoming the 8th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 24th most imported product in Indonesia. Indonesia imports Ferroalloys primarily from: China ($545M), South Africa ($376M), Kazakhstan ($241M), India ($151M), and Malaysia ($56.5M).

The fastest growing import markets in Ferroalloys for Indonesia between 2021 and 2022 were Kazakhstan ($128M), China ($29.5M), and South Korea ($15.5M).

COMPANIES In 2023, leading companies such as QVC Inc (1) and Cinmar (1) were at the forefront of shipping Ferroalloys from Indonesia to the United States.

Latest Trends

Apr 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 Ferroalloys. 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)$13.7B
IMPORTS (2022)$1.5B
NET TRADE (2022)$12.2B

In 2022, Indonesia exported $13.7B in Ferroalloys. The main destinations of Indonesia exports on Ferroalloys were China ($13.2B), India ($247M), Chinese Taipei ($140M), South Korea ($120M), and Algeria ($3.46M).

In 2022, Indonesia imported $1.5B in Ferroalloys, mainly from China ($545M), South Africa ($376M), Kazakhstan ($241M), India ($151M), and Malaysia ($56.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$6.86B (108%)
South Korea$21.3M (21.4%)
Philippines$2.81M (903%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Indonesia WERE (2021 - 2022):
India-$252M (-50.4%)
Chinese Taipei-$54M (-27.8%)
Netherlands-$10.8M (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

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