2022
Exports | Imports
$26.9M | $7.32MWorld Rnk 6 / 114
Flag Rnk 415 / 1194
World Rnk 17 / 172
Flag Rnk 846 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.078Rnk 67 / 124
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.41Rnk 935 / 1025

About

Exports In 2022, Indonesia exported $26.9M in Iron Ingots, making it the 6th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 415th most exported product in Indonesia. The main destination of Iron Ingots exports from Indonesia are: Guatemala ($18M), El Salvador ($8.7M), Singapore ($121k), Romania ($20.6k), and Malaysia ($17.6k).

The fastest growing export markets for Iron Ingots of Indonesia between 2021 and 2022 were Guatemala ($18M), El Salvador ($8.7M), and Romania ($13.5k).

Imports In 2022, Indonesia imported $7.32M in Iron Ingots, becoming the 17th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 846th most imported product in Indonesia. Indonesia imports Iron Ingots primarily from: Singapore ($4.99M), Chinese Taipei ($1.03M), China ($771k), Hong Kong ($200k), and South Korea ($167k).

The fastest growing import markets in Iron Ingots for Indonesia between 2021 and 2022 were Singapore ($969k), Chinese Taipei ($847k), and China ($360k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Ingots from Indonesia to the United States.

Latest Trends

Jan 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 Iron Ingots. 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)$26.9M
IMPORTS (2022)$7.32M
NET TRADE (2022)$19.5M

In 2022, Indonesia exported $26.9M in Iron Ingots. The main destinations of Indonesia exports on Iron Ingots were Guatemala ($18M), El Salvador ($8.7M), Singapore ($121k), Romania ($20.6k), and Malaysia ($17.6k).

In 2022, Indonesia imported $7.32M in Iron Ingots, mainly from Singapore ($4.99M), Chinese Taipei ($1.03M), China ($771k), Hong Kong ($200k), and South Korea ($167k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Guatemala$18M (1%)
El Salvador$8.7M (1%)
Romania$13.5k (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Indonesia WERE (2021 - 2022):
Singapore-$44.3k (-26.7%)
United Arab Emirates-$2.98k (-100%)
Japan-$422 (-22.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Indonesia's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

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