2023
Exports
$441kWorld Rnk 85 / 146
Flag Rnk 940 / 1192
2023
PRODUCT COMPLEXITY IN Butter
0.079Rnk 528 / 1025
2023
Imports
$147MWorld Rnk 14 / 224
Flag Rnk 259 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $441k in Butter, making it the 85th largest exporter of Butter in the world. At the same year, Butter was the 940th most exported product in Indonesia. The main destination of Butter exports from Indonesia are: Hong Kong ($130k), Singapore ($114k), Nigeria ($54.9k), Panama ($24.5k), and Niger ($24.1k).

The fastest growing export markets for Butter of Indonesia between 2022 and 2023 were Nigeria ($36.6k), Panama ($24.5k), and Niger ($24.1k).

Imports In 2023, Indonesia imported $147M in Butter, becoming the 14th largest importer of Butter in the world. At the same year, Butter was the 259th most imported product in Indonesia. Indonesia imports Butter primarily from: New Zealand ($88.8M), Netherlands ($24.2M), Belgium ($17.9M), France ($8.32M), and Denmark ($3.49M).

The fastest growing import markets in Butter for Indonesia between 2022 and 2023 were Belgium ($9.39M), Denmark ($696k), and Netherlands ($382k).

Latest Trends

Dec 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 Butter. 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)$441k
IMPORTS (2023)$147M
NET TRADE (2023)-$146M

In 2023, Indonesia exported $441k in Butter. The main destinations of Indonesia exports on Butter were Hong Kong ($130k), Singapore ($114k), Nigeria ($54.9k), Panama ($24.5k), and Niger ($24.1k).

In 2023, Indonesia imported $147M in Butter, mainly from New Zealand ($88.8M), Netherlands ($24.2M), Belgium ($17.9M), France ($8.32M), and Denmark ($3.49M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Nigeria$36.6k (200%)
Panama$24.5k (1%)
Niger$24.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Indonesia WERE (2022 - 2023):
Philippines-$1.69M (-100%)
India-$683k (-100%)
Singapore-$114k (-50%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Butter were:
In 2023, Indonesia's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $168k
TOP IMPORT POTENTIALIndia+ $5.12M

Butter’s highest export potential is Singapore. With an export gap of $168k.   Butter’s highest import potential is India with an import gap of $5.12M.

See methodology.

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