2022
Exports
$7.98MWorld Rnk 45 / 139
Flag Rnk 596 / 1194
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$1.53BWorld Rnk 13 / 200
Flag Rnk 22 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $7.98M in Soybeans, making it the 45th largest exporter of Soybeans in the world. At the same year, Soybeans was the 596th most exported product in Indonesia. The main destination of Soybeans exports from Indonesia are: China ($6.83M), Timor-Leste ($828k), Netherlands ($96.4k), France ($64.3k), and Malaysia ($45.6k).

The fastest growing export markets for Soybeans of Indonesia between 2021 and 2022 were China ($6.83M), Timor-Leste ($231k), and France ($56.2k).

Imports In 2022, Indonesia imported $1.53B in Soybeans, becoming the 13th largest importer of Soybeans in the world. At the same year, Soybeans was the 22nd most imported product in Indonesia. Indonesia imports Soybeans primarily from: United States ($1.29B), Canada ($174M), Argentina ($37.2M), Brazil ($22.6M), and Malaysia ($5.18M).

The fastest growing import markets in Soybeans for Indonesia between 2021 and 2022 were United States ($154M), Brazil ($19.5M), and Canada ($14.1M).

Latest Trends

Sep 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 Soybeans. 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)$7.98M
IMPORTS (2022)$1.53B
NET TRADE (2022)-$1.52B

In 2022, Indonesia exported $7.98M in Soybeans. The main destinations of Indonesia exports on Soybeans were China ($6.83M), Timor-Leste ($828k), Netherlands ($96.4k), France ($64.3k), and Malaysia ($45.6k).

In 2022, Indonesia imported $1.53B in Soybeans, mainly from United States ($1.29B), Canada ($174M), Argentina ($37.2M), Brazil ($22.6M), and Malaysia ($5.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$6.83M (1%)
Timor-Leste$231k (38.6%)
France$56.2k (688%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Indonesia WERE (2021 - 2022):
Netherlands-$79.6k (-45.2%)
Canada-$62.5k (-70.4%)
Saudi Arabia-$16.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Soybeans were:
In 2022, Indonesia's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.2M
TOP IMPORT POTENTIALBrazil+ $60.8M

Soybeans’s highest export potential is China. With an export gap of $10.2M.   Soybeans’s highest import potential is Brazil with an import gap of $60.8M.

See methodology.

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