2023
Exports
$23.2MWorld Rnk 25 / 120
Flag Rnk 435 / 1192
2023
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel
1.5Rnk 46 / 1025
2023
Imports
$59.7MWorld Rnk 26 / 201
Flag Rnk 436 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $23.2M in Flat-Rolled Stainless Steel, making it the 25th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 435th most exported product in Indonesia. The main destination of Flat-Rolled Stainless Steel exports from Indonesia are: Vietnam ($9.23M), United Kingdom ($4.22M), Turkey ($2.91M), United States ($2.62M), and Canada ($1.64M).

The fastest growing export markets for Flat-Rolled Stainless Steel of Indonesia between 2022 and 2023 were Singapore ($187k), China ($59.8k), and Israel ($49k).

Imports In 2023, Indonesia imported $59.7M in Flat-Rolled Stainless Steel, becoming the 26th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 436th most imported product in Indonesia. Indonesia imports Flat-Rolled Stainless Steel primarily from: China ($25.4M), Japan ($25.1M), Chinese Taipei ($2.24M), Malaysia ($1.87M), and South Korea ($1.35M).

The fastest growing import markets in Flat-Rolled Stainless Steel for Indonesia between 2022 and 2023 were Chinese Taipei ($593k), United States ($540k), and Germany ($210k).

COMPANIES In 2024, leading companies such as Design Within Reach (1) were at the forefront of shipping Flat-Rolled Stainless Steel from Indonesia to the United States.

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 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 (2023)$23.2M
IMPORTS (2023)$59.7M
NET TRADE (2023)-$36.5M

In 2023, Indonesia exported $23.2M in Flat-Rolled Stainless Steel. The main destinations of Indonesia exports on Flat-Rolled Stainless Steel were Vietnam ($9.23M), United Kingdom ($4.22M), Turkey ($2.91M), United States ($2.62M), and Canada ($1.64M).

In 2023, Indonesia imported $59.7M in Flat-Rolled Stainless Steel, mainly from China ($25.4M), Japan ($25.1M), Chinese Taipei ($2.24M), Malaysia ($1.87M), and South Korea ($1.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Singapore$187k (133%)
China$59.8k (1.42k%)
Israel$49k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Indonesia WERE (2022 - 2023):
United States-$6.37M (-70.9%)
United Kingdom-$2.54M (-37.6%)
India-$2.45M (-91.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Flat-Rolled Stainless Steel were:
In 2023, Indonesia's main importing competitors in Flat-Rolled Stainless Steel were:

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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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