2022
Exports
$14.3MWorld Rnk 8 / 110
Flag Rnk 509 / 1194
2022
PRODUCT COMPLEXITY IN Time Switches
0.78Rnk 256 / 1025
2022
Imports
$7.98MWorld Rnk 15 / 198
Flag Rnk 835 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $14.3M in Time Switches, making it the 8th largest exporter of Time Switches in the world. At the same year, Time Switches was the 509th most exported product in Indonesia. The main destination of Time Switches exports from Indonesia are: Japan ($7.65M), France ($1.61M), Netherlands ($1.2M), South Korea ($1.09M), and Thailand ($716k).

The fastest growing export markets for Time Switches of Indonesia between 2021 and 2022 were South Korea ($581k), United Kingdom ($273k), and Kuwait ($133k).

Imports In 2022, Indonesia imported $7.98M in Time Switches, becoming the 15th largest importer of Time Switches in the world. At the same year, Time Switches was the 835th most imported product in Indonesia. Indonesia imports Time Switches primarily from: China ($6.52M), Singapore ($692k), Vietnam ($377k), South Korea ($135k), and Germany ($63.2k).

The fastest growing import markets in Time Switches for Indonesia between 2021 and 2022 were Singapore ($362k), South Korea ($131k), and Germany ($56.5k).

COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Time Switches from Indonesia to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$14.3M
IMPORTS (2022)$7.98M
NET TRADE (2022)$6.28M

In 2022, Indonesia exported $14.3M in Time Switches. The main destinations of Indonesia exports on Time Switches were Japan ($7.65M), France ($1.61M), Netherlands ($1.2M), South Korea ($1.09M), and Thailand ($716k).

In 2022, Indonesia imported $7.98M in Time Switches, mainly from China ($6.52M), Singapore ($692k), Vietnam ($377k), South Korea ($135k), and Germany ($63.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
South Korea$581k (113%)
United Kingdom$273k (1%)
Kuwait$133k (445%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Indonesia WERE (2021 - 2022):
Chinese Taipei-$521k (-67.2%)
Japan-$361k (-4.5%)
Netherlands-$126k (-9.49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Indonesia's main exporting competitors in Time Switches were:
In 2022, Indonesia's main importing competitors in Time Switches were:

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $158k
TOP IMPORT POTENTIALGermany+ $96.5k

Time Switches’s highest export potential is France. With an export gap of $158k.   Time Switches’s highest import potential is Germany with an import gap of $96.5k.

See methodology.

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