2022
Exports
$1.01MWorld Rnk 24 / 78
Flag Rnk 842 / 1194
2022
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.68Rnk 28 / 1025
2022
Imports
$34.6MWorld Rnk 18 / 148
Flag Rnk 564 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $1.01M in Hot-Rolled Stainless Steel Bars, making it the 24th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 842nd most exported product in Indonesia. The main destination of Hot-Rolled Stainless Steel Bars exports from Indonesia are: United Arab Emirates ($695k), Germany ($146k), Singapore ($138k), India ($28.4k), and China ($1.76k).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Indonesia between 2021 and 2022 were United Arab Emirates ($603k), Germany ($146k), and India ($28.4k).

Imports In 2022, Indonesia imported $34.6M in Hot-Rolled Stainless Steel Bars, becoming the 18th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 564th most imported product in Indonesia. Indonesia imports Hot-Rolled Stainless Steel Bars primarily from: Chinese Taipei ($16M), China ($11.2M), India ($3.56M), Singapore ($3.23M), and Hong Kong ($237k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Indonesia between 2021 and 2022 were India ($2.64M), Chinese Taipei ($653k), and Hong Kong ($237k).

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 Hot-Rolled Stainless Steel Bars. 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)$1.01M
IMPORTS (2022)$34.6M
NET TRADE (2022)-$33.5M

In 2022, Indonesia exported $1.01M in Hot-Rolled Stainless Steel Bars. The main destinations of Indonesia exports on Hot-Rolled Stainless Steel Bars were United Arab Emirates ($695k), Germany ($146k), Singapore ($138k), India ($28.4k), and China ($1.76k).

In 2022, Indonesia imported $34.6M in Hot-Rolled Stainless Steel Bars, mainly from Chinese Taipei ($16M), China ($11.2M), India ($3.56M), Singapore ($3.23M), and Hong Kong ($237k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Germany$146k (1%)
India$28.4k (1.42M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Indonesia WERE (2021 - 2022):
Singapore-$149k (-52%)
Malaysia-$226 (-100%)
Hong Kong-$214 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2022, Indonesia's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $137k
TOP IMPORT POTENTIALIndia+ $1.49M

Hot-Rolled Stainless Steel Bars’s highest export potential is Germany. With an export gap of $137k.   Hot-Rolled Stainless Steel Bars’s highest import potential is India with an import gap of $1.49M.

See methodology.

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