2023
Exports
$60.9MWorld Rnk 34 / 127
Flag Rnk 319 / 1192
falsefalse China
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$1.34BWorld Rnk 10 / 125
Flag Rnk 28 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $60.9M in Iron Ore, making it the 34th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 319th most exported product in Indonesia. The main destination of Iron Ore exports from Indonesia are: China ($60.9M), France ($4.96k), Netherlands ($483), Ireland ($205), and Sweden ($188).

The fastest growing export markets for Iron Ore of Indonesia between 2022 and 2023 were France ($4.96k), Sweden ($188), and Netherlands ($159).

Imports In 2023, Indonesia imported $1.34B in Iron Ore, becoming the 10th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 28th most imported product in Indonesia. Indonesia imports Iron Ore primarily from: Australia ($896M), Brazil ($209M), India ($122M), Mauritania ($22M), and Canada ($13.3M).

Latest Trends

Jan 2025

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 Iron Ore. 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)$60.9M
IMPORTS (2023)$1.34B
NET TRADE (2023)-$1.28B

In 2023, Indonesia exported $60.9M in Iron Ore. The main destinations of Indonesia exports on Iron Ore were China ($60.9M), France ($4.96k), Netherlands ($483), Ireland ($205), and Sweden ($188).

In 2023, Indonesia imported $1.34B in Iron Ore, mainly from Australia ($896M), Brazil ($209M), India ($122M), Mauritania ($22M), and Canada ($13.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
France$4.96k (1%)
Sweden$188 (1%)
Netherlands$159 (49.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Indonesia WERE (2022 - 2023):
China-$37.6M (-38.2%)
Vietnam-$6.38M (-100%)
Philippines-$441k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Iron Ore were:
In 2023, Indonesia's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $88.2M
TOP IMPORT POTENTIALAustralia+ $55.7M

Iron Ore’s highest export potential is China. With an export gap of $88.2M.   Iron Ore’s highest import potential is Australia with an import gap of $55.7M.

See methodology.

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