2023
Exports
$64.8MWorld Rnk 27 / 151
Flag Rnk 312 / 1192
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$179MWorld Rnk 29 / 212
Flag Rnk 226 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $64.8M in Buses, making it the 27th largest exporter of Buses in the world. At the same year, Buses was the 312th most exported product in Indonesia. The main destination of Buses exports from Indonesia are: Thailand ($59.9M), Kuwait ($1.5M), Bahrain ($1.07M), United Arab Emirates ($1M), and Timor-Leste ($680k).

The fastest growing export markets for Buses of Indonesia between 2022 and 2023 were Thailand ($41M), United Arab Emirates ($712k), and Kuwait ($614k).

Imports In 2023, Indonesia imported $179M in Buses, becoming the 29th largest importer of Buses in the world. At the same year, Buses was the 226th most imported product in Indonesia. Indonesia imports Buses primarily from: Japan ($123M), South Korea ($33.2M), China ($18.2M), Germany ($3.16M), and India ($443k).

The fastest growing import markets in Buses for Indonesia between 2022 and 2023 were Japan ($65.1M), South Korea ($19.4M), and China ($17.4M).

Latest Trends

Dec 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 Buses. 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)$64.8M
IMPORTS (2023)$179M
NET TRADE (2023)-$114M

In 2023, Indonesia exported $64.8M in Buses. The main destinations of Indonesia exports on Buses were Thailand ($59.9M), Kuwait ($1.5M), Bahrain ($1.07M), United Arab Emirates ($1M), and Timor-Leste ($680k).

In 2023, Indonesia imported $179M in Buses, mainly from Japan ($123M), South Korea ($33.2M), China ($18.2M), Germany ($3.16M), and India ($443k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Thailand$41M (216%)
Kuwait$614k (69.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Indonesia WERE (2022 - 2023):
Nigeria-$340k (-100%)
Bangladesh-$316k (-100%)
Timor-Leste-$253k (-27.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Indonesia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $401k
TOP IMPORT POTENTIALChina+ $2.44M

Buses’s highest export potential is United Arab Emirates. With an export gap of $401k.   Buses’s highest import potential is China with an import gap of $2.44M.

See methodology.

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