Stainless Steel Ingots in Indonesia | The Observatory of Economic Complexity

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Exports In 2022, Indonesia exported $4.21B in Stainless Steel Ingots, making it the 1st largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 11th most exported product in Indonesia. The main destination of Stainless Steel Ingots exports from Indonesia are: China ($2.96B), India ($565M), Chinese Taipei ($418M), Italy ($135M), and Turkey ($49.4M).

The fastest growing export markets for Stainless Steel Ingots of Indonesia between 2021 and 2022 were India ($565M), South Korea ($32.8M), and China ($26.7M).

Imports In 2022, Indonesia imported $14.2M in Stainless Steel Ingots, becoming the 25th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 745th most imported product in Indonesia. Indonesia imports Stainless Steel Ingots primarily from: Singapore ($6.52M), China ($5.01M), Vietnam ($661k), Japan ($477k), and Malaysia ($379k).

The fastest growing import markets in Stainless Steel Ingots for Indonesia between 2021 and 2022 were Japan ($408k), South Korea ($184k), and Malaysia ($111k).

COMPANIES In 2023, leading companies such as HANKOOK TIRE AMERICA CORP. (17) were at the forefront of shipping Stainless Steel Ingots from Indonesia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Stainless Steel Ingots. 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

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Trade Value

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Year

EXPORTS (2022)$4.21B

IMPORTS (2022)$14.2M

NET TRADE (2022)$4.19B

In 2022, Indonesia exported $4.21B in Stainless Steel Ingots. The main destinations of Indonesia exports on Stainless Steel Ingots were China ($2.96B), India ($565M), Chinese Taipei ($418M), Italy ($135M), and Turkey ($49.4M).

In 2022, Indonesia imported $14.2M in Stainless Steel Ingots, mainly from Singapore ($6.52M), China ($5.01M), Vietnam ($661k), Japan ($477k), and Malaysia ($379k).

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