2023
Exports
$63.1MWorld Rnk 11 / 190
Flag Rnk 314 / 1192
2023
PRODUCT COMPLEXITY IN Packing Bags
-1.73Rnk 976 / 1025
2023
Imports
$31.6MWorld Rnk 35 / 222
Flag Rnk 571 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $63.1M in Packing Bags, making it the 11th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 314th most exported product in Indonesia. The main destination of Packing Bags exports from Indonesia are: United States ($17.9M), Japan ($13.8M), Malaysia ($3.7M), Chinese Taipei ($3M), and Thailand ($2.84M).

The fastest growing export markets for Packing Bags of Indonesia between 2022 and 2023 were United States ($491k), Ghana ($370k), and Senegal ($282k).

Imports In 2023, Indonesia imported $31.6M in Packing Bags, becoming the 35th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 571st most imported product in Indonesia. Indonesia imports Packing Bags primarily from: China ($13.3M), Vietnam ($6.97M), Bangladesh ($3.18M), Thailand ($3.09M), and India ($1.33M).

The fastest growing import markets in Packing Bags for Indonesia between 2022 and 2023 were Vietnam ($1.91M), Hong Kong ($280k), and Pakistan ($124k).

COMPANIES In 2024, leading companies such as Giti Tire (97) and REI (Recreational Equipment Incorporated) (43) were at the forefront of shipping Packing Bags from Indonesia to the United States.

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 Packing Bags. 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)$63.1M
IMPORTS (2023)$31.6M
NET TRADE (2023)$31.6M

In 2023, Indonesia exported $63.1M in Packing Bags. The main destinations of Indonesia exports on Packing Bags were United States ($17.9M), Japan ($13.8M), Malaysia ($3.7M), Chinese Taipei ($3M), and Thailand ($2.84M).

In 2023, Indonesia imported $31.6M in Packing Bags, mainly from China ($13.3M), Vietnam ($6.97M), Bangladesh ($3.18M), Thailand ($3.09M), and India ($1.33M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
United States$491k (2.82%)
Ghana$370k (684%)
Senegal$282k (4.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Indonesia WERE (2022 - 2023):
Japan-$7.26M (-34.4%)
Australia-$2.1M (-83.1%)
Thailand-$1.52M (-34.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Packing Bags were:
China $1.42B
India $1.14B
In 2023, Indonesia's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.28M
TOP IMPORT POTENTIALChina+ $5.37M

Packing Bags’s highest export potential is United States. With an export gap of $6.28M.   Packing Bags’s highest import potential is China with an import gap of $5.37M.

See methodology.

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