2023
Exports
$118MWorld Rnk 42 / 226
Flag Rnk 70 / 96
2023
PRODUCT COMPLEXITY IN Tools & cutlery
1.82Rnk 14 / 1025
2023
Imports
$653MWorld Rnk 30 / 226
Flag Rnk 47 / 96
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $118M in Tools & cutlery, making it the 42nd largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 70th most exported product in Indonesia. The main destination of Tools & cutlery exports from Indonesia are: United States ($32.2M), Japan ($19.6M), Germany ($7.12M), Mexico ($4.98M), and Thailand ($4.54M).

The fastest growing export markets for Tools & cutlery of Indonesia between 2022 and 2023 were Mexico ($1.82M), Thailand ($1.24M), and Turkey ($1.05M).

Imports In 2023, Indonesia imported $653M in Tools & cutlery, becoming the 30th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 47th most imported product in Indonesia. Indonesia imports Tools & cutlery primarily from: China ($271M), Japan ($99.8M), Singapore ($39.2M), United States ($38.7M), and Chinese Taipei ($33.9M).

The fastest growing import markets in Tools & cutlery for Indonesia between 2022 and 2023 were United States ($16.6M), Germany ($2.78M), and Mexico ($1.56M).

COMPANIES In 2024, leading companies such as LG Electronics (75), YAMAHA CORPORATION OF AMERICA (4), and Cinmar (3) were at the forefront of shipping Tools & cutlery from Indonesia to the United States.

Latest Trends

Dec 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 Tools & cutlery. 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 (2023)$118M
IMPORTS (2023)$653M
NET TRADE (2023)-$535M

In 2023, Indonesia exported $118M in Tools & cutlery. The main destinations of Indonesia exports on Tools & cutlery were United States ($32.2M), Japan ($19.6M), Germany ($7.12M), Mexico ($4.98M), and Thailand ($4.54M).

In 2023, Indonesia imported $653M in Tools & cutlery, mainly from China ($271M), Japan ($99.8M), Singapore ($39.2M), United States ($38.7M), and Chinese Taipei ($33.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Mexico$1.82M (57.6%)
Thailand$1.24M (37.5%)
Turkey$1.05M (236%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Indonesia WERE (2022 - 2023):
United States-$10.6M (-24.8%)
India-$4.33M (-64.2%)
Germany-$2.28M (-24.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Tools & cutlery were:
In 2023, Indonesia's main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.5M
TOP IMPORT POTENTIALChina+ $74.3M

Tools & cutlery’s highest export potential is United States. With an export gap of $14.5M.   Tools & cutlery’s highest import potential is China with an import gap of $74.3M.

See methodology.

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