2022
Exports
$71.1MWorld Rnk 5 / 153
Flag Rnk 305 / 1194
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$6.46MWorld Rnk 32 / 197
Flag Rnk 867 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $71.1M in Insect Resins, making it the 5th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 305th most exported product in Indonesia. The main destination of Insect Resins exports from Indonesia are: India ($25.7M), Vietnam ($12.7M), China ($7.58M), Bangladesh ($3.06M), and Saudi Arabia ($2.97M).

The fastest growing export markets for Insect Resins of Indonesia between 2021 and 2022 were Portugal ($1.19M), Saudi Arabia ($1.06M), and Bangladesh ($482k).

Imports In 2022, Indonesia imported $6.46M in Insect Resins, becoming the 32nd largest importer of Insect Resins in the world. At the same year, Insect Resins was the 867th most imported product in Indonesia. Indonesia imports Insect Resins primarily from: France ($3.2M), India ($1.44M), Singapore ($822k), Thailand ($252k), and United Arab Emirates ($141k).

The fastest growing import markets in Insect Resins for Indonesia between 2021 and 2022 were France ($776k), Singapore ($223k), and Timor-Leste ($60.7k).

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 Insect Resins. 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)$71.1M
IMPORTS (2022)$6.46M
NET TRADE (2022)$64.7M

In 2022, Indonesia exported $71.1M in Insect Resins. The main destinations of Indonesia exports on Insect Resins were India ($25.7M), Vietnam ($12.7M), China ($7.58M), Bangladesh ($3.06M), and Saudi Arabia ($2.97M).

In 2022, Indonesia imported $6.46M in Insect Resins, mainly from France ($3.2M), India ($1.44M), Singapore ($822k), Thailand ($252k), and United Arab Emirates ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Portugal$1.19M (13.7k%)
Saudi Arabia$1.06M (55.5%)
Bangladesh$482k (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Indonesia WERE (2021 - 2022):
Belgium-$585k (-100%)
France-$383k (-42.4%)
Malaysia-$381k (-20.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.32M
TOP IMPORT POTENTIALIndia+ $687k

Insect Resins’s highest export potential is China. With an export gap of $2.32M.   Insect Resins’s highest import potential is India with an import gap of $687k.

See methodology.

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