2022
Exports
$464World Rnk 77 / 89
Flag Rnk 1171 / 1194
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$139MWorld Rnk 14 / 144
Flag Rnk 279 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $464 in Iron Reductions, making it the 77th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 1171st most exported product in Indonesia. The main destination of Iron Reductions exports from Indonesia are: China ($462) and Paraguay ($2).

The fastest growing export markets for Iron Reductions of Indonesia between 2021 and 2022 were Paraguay ($2).

Imports In 2022, Indonesia imported $139M in Iron Reductions, becoming the 14th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 279th most imported product in Indonesia. Indonesia imports Iron Reductions primarily from: Russia ($91.7M), Malaysia ($22.2M), Estonia ($18.8M), United Arab Emirates ($3.61M), and South Africa ($1.07M).

The fastest growing import markets in Iron Reductions for Indonesia between 2021 and 2022 were Russia ($45.3M), Estonia ($18.8M), and South Africa ($1.07M).

Latest Trends

May 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 Reductions. 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)$464
IMPORTS (2022)$139M
NET TRADE (2022)-$139M

In 2022, Indonesia exported $464 in Iron Reductions. The main destinations of Indonesia exports on Iron Reductions were China ($462) and Paraguay ($2).

In 2022, Indonesia imported $139M in Iron Reductions, mainly from Russia ($91.7M), Malaysia ($22.2M), Estonia ($18.8M), United Arab Emirates ($3.61M), and South Africa ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):Paraguay$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Indonesia WERE (2021 - 2022):China-$500k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.92k
TOP IMPORT POTENTIALMalaysia+ $5.88M

Iron Reductions’s highest export potential is China. With an export gap of $1.92k.   Iron Reductions’s highest import potential is Malaysia with an import gap of $5.88M.

See methodology.

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