HS Icon Wrenches in  Flag Indonesia

2019
Exports | Imports
: $609k | $43.1M, World Rnk 52 / 202
Flag Rnk 881 / 1193 | World Rnk 18 / 220
Flag Rnk 476 / 1211

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $112k | $3.95M, Belgium |  China

2019
ECONOMIC COMPLEXITY of Indonesia
: -0.034, Rnk 76 / 147

2019
PRODUCT COMPLEXITY  IN Wrenches
: 1.72, Rnk 24 / 1029

Exports In 2019, Indonesia exported $609k in Wrenches, making it the 52nd largest exporter of Wrenches in the world. At the same year, Wrenches was the 881st most exported product in Indonesia. The main destination of Wrenches exports from Indonesia are: Singapore ($161k), Belgium ($114k), Malaysia ($59k), Philippines ($37.1k), and Germany ($33.8k).

The fastest growing export markets for Wrenches of Indonesia between 2018 and 2019 were Belgium ($112k), Singapore ($94.1k), and Malaysia ($44.8k).

Imports In 2019, Indonesia imported $43.1M in Wrenches, becoming the 18th largest importer of Wrenches in the world. At the same year, Wrenches was the 476th most imported product in Indonesia. Indonesia imports Wrenches primarily from: China ($25.3M), Chinese Taipei ($7.99M), Japan ($2.29M), India ($2.12M), and United States ($1.35M).

The fastest growing import markets in Wrenches for Indonesia between 2018 and 2019 were China ($3.95M), Chinese Taipei ($520k), and India ($334k).

Tariffs In 2018, the average tariff for Indonesia in Wrenches was 4.73%. The countries with the highest import tariffs for Wrenches were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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EXPORTS (2019): $609k

IMPORTS (2019): $43.1M

NET TRADE (2019): -$42.5M

In 2019, Indonesia exported $609k in Wrenches. The main destinations of Indonesia exports on Wrenches were Singapore ($161k), Belgium ($114k), Malaysia ($59k), Philippines ($37.1k), and Germany ($33.8k).

In 2019, Indonesia imported $43.1M in Wrenches, mainly from China ($25.3M), Chinese Taipei ($7.99M), Japan ($2.29M), India ($2.12M), and United States ($1.35M).

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IN 2019, Indonesia HAD A POSITIVE NET TRADE IN Wrenches WITH:

IN 2019, Indonesia HAD A NEGATIVE NET TRADE IN Wrenches WITH:

Flow

THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Indonesia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Indonesia WERE (2018 - 2019):

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Market Concentration

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In 2019, Indonesia's main exporting competitors in Wrenches were:

In 2019, Indonesia's main importing competitors in Wrenches were:

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Tariffs by Country

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In 2018, the average tariff for Indonesia in Wrenches was 4.73%.

The countries with the highest tariffs for Wrenches in Indonesia were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).