2023
Exports
$16.9MWorld Rnk 56 / 164
Flag Rnk 489 / 1192
2023
PRODUCT COMPLEXITY IN Iron Blocks
-0.47Rnk 688 / 1025
2023
Imports
$236MWorld Rnk 19 / 220
Flag Rnk 191 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $16.9M in Iron Blocks, making it the 56th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 489th most exported product in Indonesia. The main destination of Iron Blocks exports from Indonesia are: India ($6.22M), Malaysia ($6.07M), Singapore ($1.43M), Mexico ($1.38M), and Tonga ($550k).

The fastest growing export markets for Iron Blocks of Indonesia between 2022 and 2023 were India ($6.22M), Mexico ($1.38M), and Tonga ($550k).

Imports In 2023, Indonesia imported $236M in Iron Blocks, becoming the 19th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 191st most imported product in Indonesia. Indonesia imports Iron Blocks primarily from: China ($150M), Singapore ($39.1M), Thailand ($14.9M), South Korea ($6.53M), and Malaysia ($5.8M).

The fastest growing import markets in Iron Blocks for Indonesia between 2022 and 2023 were South Korea ($1.96M), Bahrain ($1.44M), and Vietnam ($1.39M).

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 Iron Blocks. 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)$16.9M
IMPORTS (2023)$236M
NET TRADE (2023)-$220M

In 2023, Indonesia exported $16.9M in Iron Blocks. The main destinations of Indonesia exports on Iron Blocks were India ($6.22M), Malaysia ($6.07M), Singapore ($1.43M), Mexico ($1.38M), and Tonga ($550k).

In 2023, Indonesia imported $236M in Iron Blocks, mainly from China ($150M), Singapore ($39.1M), Thailand ($14.9M), South Korea ($6.53M), and Malaysia ($5.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
India$6.22M (1%)
Mexico$1.38M (1%)
Tonga$550k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Indonesia WERE (2022 - 2023):
Malaysia-$2.43M (-28.6%)
Singapore-$712k (-33.2%)
Timor-Leste-$443k (-77.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Iron Blocks were:
China $2.69B
Spain $1.83B
Germany $1.64B
In 2023, Indonesia's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $2.01M
TOP IMPORT POTENTIALChina+ $11.9M

Iron Blocks’s highest export potential is Malaysia. With an export gap of $2.01M.   Iron Blocks’s highest import potential is China with an import gap of $11.9M.

See methodology.

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