2022
Exports
$5.36MWorld Rnk 33 / 126
Flag Rnk 659 / 1194
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$181MWorld Rnk 4 / 183
Flag Rnk 231 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $5.36M in Casting Machines, making it the 33rd largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 659th most exported product in Indonesia. The main destination of Casting Machines exports from Indonesia are: South Korea ($3.29M), Malaysia ($1.38M), Japan ($244k), Thailand ($144k), and Singapore ($77.1k).

The fastest growing export markets for Casting Machines of Indonesia between 2021 and 2022 were South Korea ($631k), Malaysia ($591k), and Singapore ($49.7k).

Imports In 2022, Indonesia imported $181M in Casting Machines, becoming the 4th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 231st most imported product in Indonesia. Indonesia imports Casting Machines primarily from: N/A.

The fastest growing import markets in Casting Machines for Indonesia between 2021 and 2022 were China ($105M), Finland ($12.8M), and Malaysia ($719k).

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 Casting Machines. 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)$5.36M
IMPORTS (2022)$181M
NET TRADE (2022)-$176M

In 2022, Indonesia exported $5.36M in Casting Machines. The main destinations of Indonesia exports on Casting Machines were South Korea ($3.29M), Malaysia ($1.38M), Japan ($244k), Thailand ($144k), and Singapore ($77.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
South Korea$631k (23.8%)
Malaysia$591k (75.2%)
Singapore$49.7k (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Indonesia WERE (2021 - 2022):
Japan-$550k (-69.3%)
Thailand-$274k (-65.6%)
United States-$77.2k (-66.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Indonesia's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $370k
TOP IMPORT POTENTIALJapan+ $2.33M

Casting Machines’s highest export potential is Malaysia. With an export gap of $370k.   Casting Machines’s highest import potential is Japan with an import gap of $2.33M.

See methodology.

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