2022
Exports
$7.75MWorld Rnk 46 / 195
Flag Rnk 605 / 1194
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$147MWorld Rnk 24 / 224
Flag Rnk 273 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $7.75M in Lubricating Products, making it the 46th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 605th most exported product in Indonesia. The main destination of Lubricating Products exports from Indonesia are: Thailand ($1.96M), Philippines ($1.4M), Malaysia ($655k), United States ($647k), and China ($628k).

The fastest growing export markets for Lubricating Products of Indonesia between 2021 and 2022 were Philippines ($1.04M), United States ($438k), and Malaysia ($227k).

Imports In 2022, Indonesia imported $147M in Lubricating Products, becoming the 24th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 273rd most imported product in Indonesia. Indonesia imports Lubricating Products primarily from: Japan ($38.1M), Singapore ($27.6M), China ($16.1M), Germany ($14.8M), and United States ($13.5M).

The fastest growing import markets in Lubricating Products for Indonesia between 2021 and 2022 were Singapore ($6M), United States ($3.93M), and Germany ($2.47M).

COMPANIES In 2023, leading companies such as Adidas (4) were at the forefront of shipping Lubricating Products from Indonesia to the United States.

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 Lubricating Products. 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)$7.75M
IMPORTS (2022)$147M
NET TRADE (2022)-$139M

In 2022, Indonesia exported $7.75M in Lubricating Products. The main destinations of Indonesia exports on Lubricating Products were Thailand ($1.96M), Philippines ($1.4M), Malaysia ($655k), United States ($647k), and China ($628k).

In 2022, Indonesia imported $147M in Lubricating Products, mainly from Japan ($38.1M), Singapore ($27.6M), China ($16.1M), Germany ($14.8M), and United States ($13.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Philippines$1.04M (282%)
United States$438k (210%)
Malaysia$227k (53.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Indonesia WERE (2021 - 2022):
Pakistan-$156k (-75.3%)
Saudi Arabia-$83.3k (-100%)
India-$74.4k (-21.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Lubricating Products were:
In 2022, Indonesia's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.21M
TOP IMPORT POTENTIALGermany+ $6.61M

Lubricating Products’s highest export potential is China. With an export gap of $1.21M.   Lubricating Products’s highest import potential is Germany with an import gap of $6.61M.

See methodology.

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