2023
Exports
$11.3MWorld Rnk 46 / 197
Flag Rnk 533 / 1192
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$170MWorld Rnk 22 / 224
Flag Rnk 231 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $11.3M in Electric Soldering Equipment, making it the 46th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 533rd most exported product in Indonesia. The main destination of Electric Soldering Equipment exports from Indonesia are: Singapore ($3.7M), India ($1.94M), Mauritania ($1.1M), South Korea ($1M), and Saudi Arabia ($864k).

The fastest growing export markets for Electric Soldering Equipment of Indonesia between 2022 and 2023 were Singapore ($3.06M), India ($1.94M), and South Korea ($856k).

Imports In 2023, Indonesia imported $170M in Electric Soldering Equipment, becoming the 22nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 231st most imported product in Indonesia. Indonesia imports Electric Soldering Equipment primarily from: China ($85.3M), Japan ($31.1M), United States ($21.5M), Singapore ($6.13M), and South Korea ($5.51M).

The fastest growing import markets in Electric Soldering Equipment for Indonesia between 2022 and 2023 were United States ($10.7M), China ($9M), and Japan ($8.72M).

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 Electric Soldering Equipment. 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)$11.3M
IMPORTS (2023)$170M
NET TRADE (2023)-$159M

In 2023, Indonesia exported $11.3M in Electric Soldering Equipment. The main destinations of Indonesia exports on Electric Soldering Equipment were Singapore ($3.7M), India ($1.94M), Mauritania ($1.1M), South Korea ($1M), and Saudi Arabia ($864k).

In 2023, Indonesia imported $170M in Electric Soldering Equipment, mainly from China ($85.3M), Japan ($31.1M), United States ($21.5M), Singapore ($6.13M), and South Korea ($5.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Singapore$3.06M (479%)
India$1.94M (75.5k%)
South Korea$856k (576%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Indonesia WERE (2022 - 2023):
Burma-$315k (-99.8%)
France-$253k (-58%)
Turkey-$172k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Electric Soldering Equipment were:
In 2023, Indonesia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $510k
TOP IMPORT POTENTIALChina+ $11.1M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $510k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $11.1M.

See methodology.

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