2023
Exports
$2.91BWorld Rnk 2 / 131
Flag Rnk 18 / 1192
2023
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1011 / 1025
2023
Imports
$184MWorld Rnk 17 / 193
Flag Rnk 223 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $2.91B in Rubber, making it the 2nd largest exporter of Rubber in the world. At the same year, Rubber was the 18th most exported product in Indonesia. The main destination of Rubber exports from Indonesia are: United States ($691M), Japan ($558M), China ($293M), India ($223M), and South Korea ($122M).

The fastest growing export markets for Rubber of Indonesia between 2022 and 2023 were India ($17.6M), China ($4.93M), and Luxembourg ($3.16M).

Imports In 2023, Indonesia imported $184M in Rubber, becoming the 17th largest importer of Rubber in the world. At the same year, Rubber was the 223rd most imported product in Indonesia. Indonesia imports Rubber primarily from: Cote d'Ivoire ($143M), Vietnam ($17.2M), Ghana ($11.2M), Thailand ($4.67M), and Philippines ($3.38M).

The fastest growing import markets in Rubber for Indonesia between 2022 and 2023 were Cote d'Ivoire ($94.2M), Ghana ($9.67M), and Philippines ($2.46M).

COMPANIES In 2024, leading companies such as Goodyear Tire and Rubber (838), Continental Tire (333), and Sumitomo Rubber (108) were at the forefront of shipping Rubber 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 Rubber. 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)$2.91B
IMPORTS (2023)$184M
NET TRADE (2023)$2.72B

In 2023, Indonesia exported $2.91B in Rubber. The main destinations of Indonesia exports on Rubber were United States ($691M), Japan ($558M), China ($293M), India ($223M), and South Korea ($122M).

In 2023, Indonesia imported $184M in Rubber, mainly from Cote d'Ivoire ($143M), Vietnam ($17.2M), Ghana ($11.2M), Thailand ($4.67M), and Philippines ($3.38M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
India$17.6M (8.56%)
China$4.93M (1.71%)
Luxembourg$3.16M (4.12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Indonesia WERE (2022 - 2023):
United States-$480M (-41%)
Japan-$397M (-41.6%)
Brazil-$106M (-59.2%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Rubber were:
In 2023, Indonesia's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $167M
TOP IMPORT POTENTIALThailand+ $12.8M

Rubber’s highest export potential is China. With an export gap of $167M.   Rubber’s highest import potential is Thailand with an import gap of $12.8M.

See methodology.

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