2022
Exports
$7.43BWorld Rnk 2 / 128
Flag Rnk 7 / 1194
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Stainless Steel
1.05Rnk 151 / 1025
2022
Imports
$481MWorld Rnk 23 / 208
Flag Rnk 110 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $7.43B in Large Flat-Rolled Stainless Steel, making it the 2nd largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 7th most exported product in Indonesia. The main destination of Large Flat-Rolled Stainless Steel exports from Indonesia are: China ($2.69B), Chinese Taipei ($1.49B), Vietnam ($867M), India ($508M), and Malaysia ($491M).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of Indonesia between 2021 and 2022 were China ($343M), Vietnam ($342M), and Turkey ($150M).

Imports In 2022, Indonesia imported $481M in Large Flat-Rolled Stainless Steel, becoming the 23rd largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 110th most imported product in Indonesia. Indonesia imports Large Flat-Rolled Stainless Steel primarily from: China ($249M), Japan ($84.5M), Malaysia ($43.7M), South Korea ($35.8M), and India ($32.9M).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for Indonesia between 2021 and 2022 were China ($65.5M), Malaysia ($21.3M), and Japan ($13.7M).

COMPANIES In 2023, leading companies such as Panasonic (1) and Givaudan Fragrances (1) were at the forefront of shipping Large Flat-Rolled Stainless Steel from Indonesia to the United States.

Latest Trends

Sep 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 Large Flat-Rolled Stainless Steel. 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)$7.43B
IMPORTS (2022)$481M
NET TRADE (2022)$6.95B

In 2022, Indonesia exported $7.43B in Large Flat-Rolled Stainless Steel. The main destinations of Indonesia exports on Large Flat-Rolled Stainless Steel were China ($2.69B), Chinese Taipei ($1.49B), Vietnam ($867M), India ($508M), and Malaysia ($491M).

In 2022, Indonesia imported $481M in Large Flat-Rolled Stainless Steel, mainly from China ($249M), Japan ($84.5M), Malaysia ($43.7M), South Korea ($35.8M), and India ($32.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Stainless Steel EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$343M (14.6%)
Vietnam$342M (65.1%)
Turkey$150M (60.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Stainless Steel BY Indonesia WERE (2021 - 2022):
Chinese Taipei-$326M (-18%)
Italy-$165M (-39.7%)
Russia-$31.7M (-81.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Large Flat-Rolled Stainless Steel were:
China $8.91B
In 2022, Indonesia's main importing competitors in Large Flat-Rolled Stainless Steel were:
Germany $4.95B
Italy $4.45B
China $3.42B

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Trade Value of Large Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $74.2M
TOP IMPORT POTENTIALChina+ $37.5M

Large Flat-Rolled Stainless Steel’s highest export potential is India. With an export gap of $74.2M.   Large Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $37.5M.

See methodology.

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