2022
Exports
$7.45BWorld Rnk 8 / 226
Flag Rnk 9 / 96
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$2.57BWorld Rnk 24 / 226
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $7.45B in Rubber & articles thereof, making it the 8th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 9th most exported product in Indonesia. The main destination of Rubber & articles thereof exports from Indonesia are: United States ($2.39B), Japan ($1.07B), China ($413M), Canada ($257M), and India ($225M).

The fastest growing export markets for Rubber & articles thereof of Indonesia between 2021 and 2022 were United States ($99.3M), Japan ($60.5M), and Brazil ($28.4M).

Imports In 2022, Indonesia imported $2.57B in Rubber & articles thereof, becoming the 24th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 17th most imported product in Indonesia. Indonesia imports Rubber & articles thereof primarily from: China ($637M), Japan ($609M), South Korea ($332M), Thailand ($294M), and Singapore ($105M).

The fastest growing import markets in Rubber & articles thereof for Indonesia between 2021 and 2022 were China ($134M), Japan ($110M), and India ($14.8M).

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 Rubber & articles thereof 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 Rubber & articles thereof. 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)$7.45B
IMPORTS (2022)$2.57B
NET TRADE (2022)$4.88B

In 2022, Indonesia exported $7.45B in Rubber & articles thereof. The main destinations of Indonesia exports on Rubber & articles thereof were United States ($2.39B), Japan ($1.07B), China ($413M), Canada ($257M), and India ($225M).

In 2022, Indonesia imported $2.57B in Rubber & articles thereof, mainly from China ($637M), Japan ($609M), South Korea ($332M), Thailand ($294M), and Singapore ($105M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$99.3M (4.33%)
Japan$60.5M (6%)
Brazil$28.4M (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Indonesia WERE (2021 - 2022):
India-$104M (-31.6%)
South Korea-$100M (-34.3%)
Russia-$63.4M (-57.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Indonesia's main importing competitors in Rubber & articles thereof were:

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $277M
TOP IMPORT POTENTIALChina+ $219M

Rubber & articles thereof’s highest export potential is China. With an export gap of $277M.   Rubber & articles thereof’s highest import potential is China with an import gap of $219M.

See methodology.

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