2022
Exports
$27.9MWorld Rnk 17 / 126
Flag Rnk 407 / 1194
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.38Rnk 74 / 1025
2022
Imports
$53.4MWorld Rnk 19 / 202
Flag Rnk 482 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $27.9M in Stainless Steel Wire, making it the 17th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 407th most exported product in Indonesia. The main destination of Stainless Steel Wire exports from Indonesia are: Italy ($5.11M), Germany ($3.72M), Sweden ($3.56M), Poland ($2.3M), and Spain ($2.14M).

The fastest growing export markets for Stainless Steel Wire of Indonesia between 2021 and 2022 were Singapore ($1.58M), Italy ($1.35M), and Sweden ($1.03M).

Imports In 2022, Indonesia imported $53.4M in Stainless Steel Wire, becoming the 19th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 482nd most imported product in Indonesia. Indonesia imports Stainless Steel Wire primarily from: China ($14.1M), Japan ($11M), Thailand ($7.76M), Chinese Taipei ($6.88M), and India ($5.14M).

The fastest growing import markets in Stainless Steel Wire for Indonesia between 2021 and 2022 were Thailand ($674k), Chinese Taipei ($440k), and South Korea ($274k).

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 Stainless Steel Wire. 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)$27.9M
IMPORTS (2022)$53.4M
NET TRADE (2022)-$25.5M

In 2022, Indonesia exported $27.9M in Stainless Steel Wire. The main destinations of Indonesia exports on Stainless Steel Wire were Italy ($5.11M), Germany ($3.72M), Sweden ($3.56M), Poland ($2.3M), and Spain ($2.14M).

In 2022, Indonesia imported $53.4M in Stainless Steel Wire, mainly from China ($14.1M), Japan ($11M), Thailand ($7.76M), Chinese Taipei ($6.88M), and India ($5.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Singapore$1.58M (382%)
Italy$1.35M (35.8%)
Sweden$1.03M (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Indonesia WERE (2021 - 2022):
South Korea-$1.93M (-67.4%)
United Kingdom-$1.66M (-50.3%)
Poland-$1.44M (-38.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Stainless Steel Wire were:
In 2022, Indonesia's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.36M
TOP IMPORT POTENTIALIndia+ $3.84M

Stainless Steel Wire’s highest export potential is Germany. With an export gap of $1.36M.   Stainless Steel Wire’s highest import potential is India with an import gap of $3.84M.

See methodology.

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