2022
Exports
$4.62MWorld Rnk 34 / 175
Flag Rnk 682 / 1194
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.32Rnk 439 / 1025
2022
Imports
$21.5MWorld Rnk 30 / 209
Flag Rnk 653 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $4.62M in Sound Recording Equipment, making it the 34th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 682nd most exported product in Indonesia. The main destination of Sound Recording Equipment exports from Indonesia are: Germany ($1.85M), Nigeria ($934k), United States ($839k), France ($138k), and Vietnam ($103k).

The fastest growing export markets for Sound Recording Equipment of Indonesia between 2021 and 2022 were United States ($327k), Vietnam ($97.4k), and South Korea ($72k).

Imports In 2022, Indonesia imported $21.5M in Sound Recording Equipment, becoming the 30th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 653rd most imported product in Indonesia. Indonesia imports Sound Recording Equipment primarily from: Singapore ($15M), China ($4.67M), Vietnam ($480k), Malaysia ($391k), and Hong Kong ($233k).

The fastest growing import markets in Sound Recording Equipment for Indonesia between 2021 and 2022 were Singapore ($8.3M), China ($2.84M), and Vietnam ($480k).

COMPANIES In 2023, leading companies such as CITY Furniture (6), Michael Kors (3), and IKEA Group (1) were at the forefront of shipping Sound Recording Equipment from Indonesia to the United States.

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 Sound Recording Equipment. 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)$4.62M
IMPORTS (2022)$21.5M
NET TRADE (2022)-$16.9M

In 2022, Indonesia exported $4.62M in Sound Recording Equipment. The main destinations of Indonesia exports on Sound Recording Equipment were Germany ($1.85M), Nigeria ($934k), United States ($839k), France ($138k), and Vietnam ($103k).

In 2022, Indonesia imported $21.5M in Sound Recording Equipment, mainly from Singapore ($15M), China ($4.67M), Vietnam ($480k), Malaysia ($391k), and Hong Kong ($233k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$327k (63.8%)
Vietnam$97.4k (1.78k%)
South Korea$72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Indonesia WERE (2021 - 2022):
Germany-$491k (-21%)
France-$485k (-77.8%)
Nigeria-$164k (-14.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Sound Recording Equipment were:
In 2022, Indonesia's main importing competitors in Sound Recording Equipment were:

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $900k
TOP IMPORT POTENTIALChina+ $4.66M

Sound Recording Equipment’s highest export potential is United States. With an export gap of $900k.   Sound Recording Equipment’s highest import potential is China with an import gap of $4.66M.

See methodology.

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