2022
Exports
$10.6BWorld Rnk 25 / 226
Flag Rnk 9 / 21
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.72Rnk 19 / 1025
2022
Imports
$13.7BWorld Rnk 23 / 226
Flag Rnk 5 / 21
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $10.6B in Plastics and Rubbers, making it the 25th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 9th most exported product in Indonesia. The main destination of Plastics and Rubbers exports from Indonesia are: United States ($2.6B), Japan ($1.65B), China ($683M), India ($393M), and Vietnam ($374M).

The fastest growing export markets for Plastics and Rubbers of Indonesia between 2021 and 2022 were Japan ($136M), United States ($88.9M), and Vietnam ($74.8M).

Imports In 2022, Indonesia imported $13.7B in Plastics and Rubbers, becoming the 23rd largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 5th most imported product in Indonesia. Indonesia imports Plastics and Rubbers primarily from: China ($4.08B), Thailand ($1.53B), Singapore ($1.36B), South Korea ($1.33B), and Japan ($1.22B).

The fastest growing import markets in Plastics and Rubbers for Indonesia between 2021 and 2022 were China ($856M), Vietnam ($127M), and Japan ($116M).

COMPANIES In 2023, leading companies such as Giti Tire (1.29k), Hankook Tires (1.05k), and Goodyear Tire and Rubber (711) were at the forefront of shipping Plastics and Rubbers from Indonesia to the United States.

Latest Trends

Nov 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 Plastics and Rubbers. 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)$10.6B
IMPORTS (2022)$13.7B
NET TRADE (2022)-$3.16B

In 2022, Indonesia exported $10.6B in Plastics and Rubbers. The main destinations of Indonesia exports on Plastics and Rubbers were United States ($2.6B), Japan ($1.65B), China ($683M), India ($393M), and Vietnam ($374M).

In 2022, Indonesia imported $13.7B in Plastics and Rubbers, mainly from China ($4.08B), Thailand ($1.53B), Singapore ($1.36B), South Korea ($1.33B), and Japan ($1.22B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Japan$136M (8.95%)
United States$88.9M (3.54%)
Vietnam$74.8M (25%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Indonesia WERE (2021 - 2022):
China-$322M (-32.1%)
South Korea-$102M (-27.3%)
India-$79.8M (-16.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Plastics and Rubbers were:
In 2022, Indonesia's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $510M
TOP IMPORT POTENTIALChina+ $915M

Plastics and Rubbers’s highest export potential is China. With an export gap of $510M.   Plastics and Rubbers’s highest import potential is China with an import gap of $915M.

See methodology.

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