2022
Exports
$685MWorld Rnk 32 / 223
Flag Rnk 72 / 1194
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$1.29BWorld Rnk 30 / 225
Flag Rnk 31 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $685M in Electrical Transformers, making it the 32nd largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 72nd most exported product in Indonesia. The main destination of Electrical Transformers exports from Indonesia are: Singapore ($208M), France ($127M), United States ($72.7M), Japan ($63.7M), and China ($23.7M).

The fastest growing export markets for Electrical Transformers of Indonesia between 2021 and 2022 were France ($31.7M), United States ($26.5M), and Singapore ($14.6M).

Imports In 2022, Indonesia imported $1.29B in Electrical Transformers, becoming the 30th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 31st most imported product in Indonesia. Indonesia imports Electrical Transformers primarily from: China ($875M), Singapore ($93.1M), South Korea ($62.2M), Vietnam ($46.1M), and Japan ($26.2M).

The fastest growing import markets in Electrical Transformers for Indonesia between 2021 and 2022 were China ($328M), Vietnam ($24.1M), and South Korea ($23.5M).

COMPANIES In 2023, leading companies such as Ford Motor Company (2), Hankook Tires (1), and LG Electronics (1) were at the forefront of shipping Electrical Transformers from Indonesia to the United States.

Latest Trends

Oct 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 Electrical Transformers. 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)$685M
IMPORTS (2022)$1.29B
NET TRADE (2022)-$601M

In 2022, Indonesia exported $685M in Electrical Transformers. The main destinations of Indonesia exports on Electrical Transformers were Singapore ($208M), France ($127M), United States ($72.7M), Japan ($63.7M), and China ($23.7M).

In 2022, Indonesia imported $1.29B in Electrical Transformers, mainly from China ($875M), Singapore ($93.1M), South Korea ($62.2M), Vietnam ($46.1M), and Japan ($26.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
France$31.7M (33.4%)
United States$26.5M (57.3%)
Singapore$14.6M (7.59%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Indonesia WERE (2021 - 2022):
Germany-$9.13M (-56.7%)
Austria-$7.37M (-86.9%)
Malaysia-$5.1M (-25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Electrical Transformers were:
In 2022, Indonesia's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.1M
TOP IMPORT POTENTIALChina+ $223M

Electrical Transformers’s highest export potential is United States. With an export gap of $76.1M.   Electrical Transformers’s highest import potential is China with an import gap of $223M.

See methodology.

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