2022
Exports
$204MWorld Rnk 39 / 224
Flag Rnk 172 / 1194
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.22BWorld Rnk 27 / 224
Flag Rnk 32 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $204M in Valves, making it the 39th largest exporter of Valves in the world. At the same year, Valves was the 172nd most exported product in Indonesia. The main destination of Valves exports from Indonesia are: United States ($62.2M), Singapore ($36M), Thailand ($21.9M), Kuwait ($19.7M), and Japan ($16.2M).

The fastest growing export markets for Valves of Indonesia between 2021 and 2022 were Singapore ($23.3M), Kuwait ($19.3M), and United States ($18.2M).

Imports In 2022, Indonesia imported $1.22B in Valves, becoming the 27th largest importer of Valves in the world. At the same year, Valves was the 32nd most imported product in Indonesia. Indonesia imports Valves primarily from: China ($572M), Japan ($128M), Singapore ($107M), United States ($81.9M), and South Korea ($59.7M).

The fastest growing import markets in Valves for Indonesia between 2021 and 2022 were China ($201M), United States ($38.4M), and Japan ($23.9M).

COMPANIES In 2023, leading companies such as Hankook Tires (1) were at the forefront of shipping Valves from Indonesia to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Valves. 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)$204M
IMPORTS (2022)$1.22B
NET TRADE (2022)-$1.02B

In 2022, Indonesia exported $204M in Valves. The main destinations of Indonesia exports on Valves were United States ($62.2M), Singapore ($36M), Thailand ($21.9M), Kuwait ($19.7M), and Japan ($16.2M).

In 2022, Indonesia imported $1.22B in Valves, mainly from China ($572M), Japan ($128M), Singapore ($107M), United States ($81.9M), and South Korea ($59.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Singapore$23.3M (185%)
Kuwait$19.3M (5.48k%)
United States$18.2M (41.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Indonesia WERE (2021 - 2022):
Australia-$53.4M (-97%)
Norway-$1.64M (-99.6%)
Burma-$1.63M (-78.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Valves were:
In 2022, Indonesia's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.3M
TOP IMPORT POTENTIALChina+ $144M

Valves’s highest export potential is United States. With an export gap of $39.3M.   Valves’s highest import potential is China with an import gap of $144M.

See methodology.

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