2022
Exports
$74.7MWorld Rnk 61 / 212
Flag Rnk 299 / 1194
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$520MWorld Rnk 23 / 187
Flag Rnk 101 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $74.7M in Scrap Iron, making it the 61st largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 299th most exported product in Indonesia. The main destination of Scrap Iron exports from Indonesia are: India ($45.3M), South Korea ($9.92M), Japan ($5.21M), Thailand ($4.78M), and Singapore ($4.02M).

The fastest growing export markets for Scrap Iron of Indonesia between 2021 and 2022 were Chinese Taipei ($209k), Japan ($169k), and Hong Kong ($163k).

Imports In 2022, Indonesia imported $520M in Scrap Iron, becoming the 23rd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 101st most imported product in Indonesia. Indonesia imports Scrap Iron primarily from: Hong Kong ($169M), Australia ($108M), Singapore ($95.9M), United Kingdom ($53.9M), and Thailand ($25.6M).

The fastest growing import markets in Scrap Iron for Indonesia between 2021 and 2022 were Hong Kong ($10.3M), Netherlands ($5.3M), and Thailand ($1.84M).

Latest Trends

Oct 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 Scrap Iron. 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)$74.7M
IMPORTS (2022)$520M
NET TRADE (2022)-$445M

In 2022, Indonesia exported $74.7M in Scrap Iron. The main destinations of Indonesia exports on Scrap Iron were India ($45.3M), South Korea ($9.92M), Japan ($5.21M), Thailand ($4.78M), and Singapore ($4.02M).

In 2022, Indonesia imported $520M in Scrap Iron, mainly from Hong Kong ($169M), Australia ($108M), Singapore ($95.9M), United Kingdom ($53.9M), and Thailand ($25.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Chinese Taipei$209k (16.8%)
Japan$169k (3.36%)
Hong Kong$163k (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Indonesia WERE (2021 - 2022):
Vietnam-$3.87M (-94.5%)
South Korea-$3.63M (-26.8%)
Malaysia-$3.26M (-56.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Scrap Iron were:
In 2022, Indonesia's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.8M
TOP IMPORT POTENTIALUnited States+ $17.3M

Scrap Iron’s highest export potential is India. With an export gap of $19.8M.   Scrap Iron’s highest import potential is United States with an import gap of $17.3M.

See methodology.

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