2023
Exports
$2.2BWorld Rnk 21 / 223
Flag Rnk 24 / 1192
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$1.31BWorld Rnk 31 / 225
Flag Rnk 30 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $2.2B in Insulated Wire, making it the 21st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 24th most exported product in Indonesia. The main destination of Insulated Wire exports from Indonesia are: Japan ($941M), United States ($350M), Singapore ($328M), Vietnam ($112M), and Hong Kong ($98.6M).

The fastest growing export markets for Insulated Wire of Indonesia between 2022 and 2023 were Hong Kong ($60.6M), Japan ($58.2M), and United States ($29.3M).

Imports In 2023, Indonesia imported $1.31B in Insulated Wire, becoming the 31st largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 30th most imported product in Indonesia. Indonesia imports Insulated Wire primarily from: China ($794M), Japan ($101M), Singapore ($87.6M), South Korea ($44.8M), and Vietnam ($40.6M).

The fastest growing import markets in Insulated Wire for Indonesia between 2022 and 2023 were France ($28M), Vietnam ($9.14M), and Singapore ($5.54M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Insulated Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.2B
IMPORTS (2023)$1.31B
NET TRADE (2023)$888M

In 2023, Indonesia exported $2.2B in Insulated Wire. The main destinations of Indonesia exports on Insulated Wire were Japan ($941M), United States ($350M), Singapore ($328M), Vietnam ($112M), and Hong Kong ($98.6M).

In 2023, Indonesia imported $1.31B in Insulated Wire, mainly from China ($794M), Japan ($101M), Singapore ($87.6M), South Korea ($44.8M), and Vietnam ($40.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Hong Kong$60.6M (160%)
Japan$58.2M (6.6%)
United States$29.3M (9.13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Indonesia WERE (2022 - 2023):
France-$14.4M (-57%)
Malaysia-$12.2M (-45%)
Australia-$10.2M (-66.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Indonesia's main exporting competitors in Insulated Wire were:
In 2023, Indonesia's main importing competitors in Insulated Wire were:

Explore Visualizations

Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $196M
TOP IMPORT POTENTIALChina+ $134M

Insulated Wire’s highest export potential is United States. With an export gap of $196M.   Insulated Wire’s highest import potential is China with an import gap of $134M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with