2023
Exports
$543kWorld Rnk 27 / 78
Flag Rnk 912 / 1192
2023
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.66Rnk 26 / 1025
2023
Imports
$24.8MWorld Rnk 18 / 152
Flag Rnk 616 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $543k in Hot-Rolled Stainless Steel Bars, making it the 27th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 912th most exported product in Indonesia. The main destination of Hot-Rolled Stainless Steel Bars exports from Indonesia are: Germany ($194k), United States ($158k), Estonia ($120k), Singapore ($47.3k), and Japan ($20k).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Indonesia between 2022 and 2023 were United States ($158k), Estonia ($120k), and Germany ($36.9k).

Imports In 2023, Indonesia imported $24.8M 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 616th most imported product in Indonesia. Indonesia imports Hot-Rolled Stainless Steel Bars primarily from: Chinese Taipei ($11.8M), India ($8.58M), China ($2.69M), Singapore ($660k), and Hong Kong ($314k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Indonesia between 2022 and 2023 were India ($5.09M), Malaysia ($194k), and South Korea ($90.9k).

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 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 (2023)$543k
IMPORTS (2023)$24.8M
NET TRADE (2023)-$24.2M

In 2023, Indonesia exported $543k in Hot-Rolled Stainless Steel Bars. The main destinations of Indonesia exports on Hot-Rolled Stainless Steel Bars were Germany ($194k), United States ($158k), Estonia ($120k), Singapore ($47.3k), and Japan ($20k).

In 2023, Indonesia imported $24.8M in Hot-Rolled Stainless Steel Bars, mainly from Chinese Taipei ($11.8M), India ($8.58M), China ($2.69M), Singapore ($660k), and Hong Kong ($314k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
United States$158k (7.91M%)
Estonia$120k (1%)
Germany$36.9k (23.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Indonesia WERE (2022 - 2023):
United Arab Emirates-$740k (-100%)
Singapore-$59.2k (-55.6%)
India-$28.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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