2022
Exports
$195kWorld Rnk 55 / 174
Flag Rnk 3016 / 4315
2022
Imports
$12.2MWorld Rnk 24 / 216
Flag Rnk 1767 / 4461
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

The fastest growing export markets for Wrench sockets, ratchet handles, extensions, spinners of Indonesia between 2021 and 2022 were Malaysia ($73.2k), Singapore ($36.2k), and United Arab Emirates ($4k).

Imports In 2022, Indonesia imported $12.2M in Wrench sockets, ratchet handles, extensions, spinners, becoming the 24th largest importer of Wrench sockets, ratchet handles, extensions, spinners in the world. At the same year, Wrench sockets, ratchet handles, extensions, spinners was the 1767th most imported product in Indonesia. Indonesia imports Wrench sockets, ratchet handles, extensions, spinners primarily from: China ($6M), Chinese Taipei ($4.28M), Japan ($307k), Singapore ($305k), and Germany ($241k).

The fastest growing import markets in Wrench sockets, ratchet handles, extensions, spinners for Indonesia between 2021 and 2022 were China ($1.8M), Chinese Taipei ($541k), and Sweden ($158k).

COMPANIES In 2023, leading companies such as Old Navy (5.97k), Gap (2.13k), and Hankook Tires (2.04k) were at the forefront of shipping Wrench sockets, ratchet handles, extensions, spinners from Indonesia to the United States.

Latest Trends

Jul 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 Wrench sockets, ratchet handles, extensions, spinners. 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)$195k
IMPORTS (2022)$12.2M
NET TRADE (2022)-$12M

In 2022, Indonesia imported $12.2M in Wrench sockets, ratchet handles, extensions, spinners, mainly from China ($6M), Chinese Taipei ($4.28M), Japan ($307k), Singapore ($305k), and Germany ($241k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrench sockets, ratchet handles, extensions, spinners EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Malaysia$73.2k (202%)
Singapore$36.2k (985%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrench sockets, ratchet handles, extensions, spinners BY Indonesia WERE (2021 - 2022):
Sri Lanka-$25.7k (-80.9%)
Netherlands-$7.71k (-93.9%)
United States-$7.25k (-78.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Wrench sockets, ratchet handles, extensions, spinners were:
In 2022, Indonesia's main importing competitors in Wrench sockets, ratchet handles, extensions, spinners were:

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Trade Value of Wrench sockets, ratchet handles, extensions, spinners by Exporters

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