2023
Exports
$9.87MWorld Rnk 36 / 138
Flag Rnk 560 / 1192
2023
PRODUCT COMPLEXITY IN Enzymes
1.08Rnk 151 / 1025
2023
Imports
$55.6MWorld Rnk 29 / 203
Flag Rnk 443 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $9.87M in Enzymes, making it the 36th largest exporter of Enzymes in the world. At the same year, Enzymes was the 560th most exported product in Indonesia. The main destination of Enzymes exports from Indonesia are: Germany ($2.92M), South Korea ($2.05M), United States ($1.72M), China ($780k), and Nigeria ($669k).

The fastest growing export markets for Enzymes of Indonesia between 2022 and 2023 were Germany ($1.64M), South Korea ($565k), and Philippines ($342k).

Imports In 2023, Indonesia imported $55.6M in Enzymes, becoming the 29th largest importer of Enzymes in the world. At the same year, Enzymes was the 443rd most imported product in Indonesia. Indonesia imports Enzymes primarily from: China ($16.6M), Denmark ($7.24M), Singapore ($6.55M), United States ($4.15M), and Belgium ($3.12M).

The fastest growing import markets in Enzymes for Indonesia between 2022 and 2023 were China ($1.82M), Bulgaria ($1.49M), and Singapore ($891k).

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 Enzymes. 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)$9.87M
IMPORTS (2023)$55.6M
NET TRADE (2023)-$45.7M

In 2023, Indonesia exported $9.87M in Enzymes. The main destinations of Indonesia exports on Enzymes were Germany ($2.92M), South Korea ($2.05M), United States ($1.72M), China ($780k), and Nigeria ($669k).

In 2023, Indonesia imported $55.6M in Enzymes, mainly from China ($16.6M), Denmark ($7.24M), Singapore ($6.55M), United States ($4.15M), and Belgium ($3.12M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Germany$1.64M (128%)
South Korea$565k (38.1%)
Philippines$342k (30.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Indonesia WERE (2022 - 2023):
Nigeria-$657k (-49.5%)
Brazil-$334k (-99.8%)
United States-$194k (-10.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.45M
TOP IMPORT POTENTIALChina+ $4.08M

Enzymes’s highest export potential is United States. With an export gap of $1.45M.   Enzymes’s highest import potential is China with an import gap of $4.08M.

See methodology.

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