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2022
Exports $37.5MWorld Rnk 22 / 120
Flag Rnk 377 / 1194
2022
Destination $3.63M Vietnam
2021 - 2022
FASTEST GROWING MARKET $3.63MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel1.55Rnk 41 / 1025
2022
Imports $77.8MWorld Rnk 24 / 198
Flag Rnk 400 / 1206
2022
Origin $1.21M China
2021 - 2022
FASTEST GROWING ORIGIN $1.21MMalaysia
2022
ECONOMIC COMPLEXITY of Indonesia-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $37.5M in Flat-Rolled Stainless Steel, making it the 22nd largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 377th most exported product in Indonesia. The main destination of Flat-Rolled Stainless Steel exports from Indonesia are: Vietnam ($9.49M), United States ($9.3M), United Kingdom ($6.48M), Canada ($3.34M), and Turkey ($2.06M).

The fastest growing export markets for Flat-Rolled Stainless Steel of Indonesia between 2021 and 2022 were United Kingdom ($3.63M), Canada ($2.64M), and Vietnam ($2.02M).

Imports In 2022, Indonesia imported $77.8M in Flat-Rolled Stainless Steel, becoming the 24th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 400th most imported product in Indonesia. Indonesia imports Flat-Rolled Stainless Steel primarily from: China ($36.5M), Japan ($27.3M), Malaysia ($5.32M), Singapore ($3.36M), and Chinese Taipei ($1.46M).

The fastest growing import markets in Flat-Rolled Stainless Steel for Indonesia between 2021 and 2022 were Malaysia ($1.21M), Finland ($1.06M), and United States ($463k).

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 Flat-Rolled Stainless Steel. 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)$37.5M
IMPORTS (2022)$77.8M
NET TRADE (2022)-$40.4M

In 2022, Indonesia exported $37.5M in Flat-Rolled Stainless Steel. The main destinations of Indonesia exports on Flat-Rolled Stainless Steel were Vietnam ($9.49M), United States ($9.3M), United Kingdom ($6.48M), Canada ($3.34M), and Turkey ($2.06M).

In 2022, Indonesia imported $77.8M in Flat-Rolled Stainless Steel, mainly from China ($36.5M), Japan ($27.3M), Malaysia ($5.32M), Singapore ($3.36M), and Chinese Taipei ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United Kingdom$3.63M (127%)
Canada$2.64M (378%)
Vietnam$2.02M (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Indonesia WERE (2021 - 2022):
India-$1.77M (-47.4%)
Poland-$1.4M (-75.7%)
United States-$981k (-9.54%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Flat-Rolled Stainless Steel were:
Germany $953M
China $901M
Italy $575M
In 2022, Indonesia's main importing competitors in Flat-Rolled Stainless Steel were:
Germany $909M
United States $376M
Italy $346M

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Trade Value of Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.89M
TOP IMPORT POTENTIALMalaysia+ $2.48M

Flat-Rolled Stainless Steel’s highest export potential is United States. With an export gap of $1.89M.   Flat-Rolled Stainless Steel’s highest import potential is Malaysia with an import gap of $2.48M.

See methodology.

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