2023
Exports
$10MWorld Rnk 24 / 118
Flag Rnk 559 / 1192
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$40.6MWorld Rnk 17 / 169
Flag Rnk 510 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $10M in Iron Powder, making it the 24th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 559th most exported product in Indonesia. The main destination of Iron Powder exports from Indonesia are: Malaysia ($9.7M), Mexico ($137k), China ($70.7k), Thailand ($27.2k), and South Korea ($25.8k).

The fastest growing export markets for Iron Powder of Indonesia between 2022 and 2023 were Mexico ($137k), China ($34.3k), and Thailand ($27.2k).

Imports In 2023, Indonesia imported $40.6M in Iron Powder, becoming the 17th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 510th most imported product in Indonesia. Indonesia imports Iron Powder primarily from: China ($16.5M), Japan ($13.1M), Thailand ($3.46M), Sweden ($3.37M), and Singapore ($1.76M).

The fastest growing import markets in Iron Powder for Indonesia between 2022 and 2023 were China ($642k), Japan ($364k), and South Korea ($141k).

Latest Trends

Dec 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 Powder. 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 (2023)$10M
IMPORTS (2023)$40.6M
NET TRADE (2023)-$30.6M

In 2023, Indonesia exported $10M in Iron Powder. The main destinations of Indonesia exports on Iron Powder were Malaysia ($9.7M), Mexico ($137k), China ($70.7k), Thailand ($27.2k), and South Korea ($25.8k).

In 2023, Indonesia imported $40.6M in Iron Powder, mainly from China ($16.5M), Japan ($13.1M), Thailand ($3.46M), Sweden ($3.37M), and Singapore ($1.76M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Mexico$137k (1%)
China$34.3k (94%)
Thailand$27.2k (906k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Indonesia WERE (2022 - 2023):
Malaysia-$1.52M (-13.6%)
Singapore-$86.6k (-79%)
Japan-$42.3k (-97.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Indonesia's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $159k
TOP IMPORT POTENTIALSweden+ $1.25M

Iron Powder’s highest export potential is China. With an export gap of $159k.   Iron Powder’s highest import potential is Sweden with an import gap of $1.25M.

See methodology.

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