2022
Exports
$24.8MWorld Rnk 36 / 152
Flag Rnk 431 / 1194
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$75.7MWorld Rnk 49 / 217
Flag Rnk 404 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $24.8M in Buses, making it the 36th largest exporter of Buses in the world. At the same year, Buses was the 431st most exported product in Indonesia. The main destination of Buses exports from Indonesia are: Thailand ($18.8M), Kuwait ($2.85M), Bahrain ($972k), Timor-Leste ($656k), and Nigeria ($329k).

The fastest growing export markets for Buses of Indonesia between 2021 and 2022 were Kuwait ($2.85M), Bahrain ($972k), and Nigeria ($329k).

Imports In 2022, Indonesia imported $75.7M in Buses, becoming the 49th largest importer of Buses in the world. At the same year, Buses was the 404th most imported product in Indonesia. Indonesia imports Buses primarily from: Japan ($52.3M), South Korea ($19.4M), Chinese Taipei ($2.17M), China ($742k), and Germany ($682k).

The fastest growing import markets in Buses for Indonesia between 2021 and 2022 were South Korea ($7.9M), Chinese Taipei ($2.17M), and Japan ($2.05M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (2) were at the forefront of shipping Buses from Indonesia to the United States.

Latest Trends

Sep 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 (2022)$24.8M
IMPORTS (2022)$75.7M
NET TRADE (2022)-$50.9M

In 2022, Indonesia exported $24.8M in Buses. The main destinations of Indonesia exports on Buses were Thailand ($18.8M), Kuwait ($2.85M), Bahrain ($972k), Timor-Leste ($656k), and Nigeria ($329k).

In 2022, Indonesia imported $75.7M in Buses, mainly from Japan ($52.3M), South Korea ($19.4M), Chinese Taipei ($2.17M), China ($742k), and Germany ($682k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Kuwait$2.85M (1%)
Bahrain$972k (1%)
Nigeria$329k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Indonesia WERE (2021 - 2022):
Thailand-$7.19M (-27.7%)
Bangladesh-$657k (-67.5%)
China-$202k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, 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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