2022
Exports
$937kWorld Rnk 38 / 120
Flag Rnk 853 / 1194
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$54.4MWorld Rnk 11 / 191
Flag Rnk 477 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $937k in Knitting Machines, making it the 38th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 853rd most exported product in Indonesia. The main destination of Knitting Machines exports from Indonesia are: India ($415k), Egypt ($212k), Vietnam ($181k), Turkey ($96.9k), and Nigeria ($26.2k).

The fastest growing export markets for Knitting Machines of Indonesia between 2021 and 2022 were India ($222k), Egypt ($212k), and Vietnam ($164k).

Imports In 2022, Indonesia imported $54.4M in Knitting Machines, becoming the 11th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 477th most imported product in Indonesia. Indonesia imports Knitting Machines primarily from: China ($37.9M), South Korea ($4.45M), Chinese Taipei ($3.49M), Japan ($2.73M), and United States ($2.07M).

The fastest growing import markets in Knitting Machines for Indonesia between 2021 and 2022 were China ($5.76M), United States ($2.07M), and South Korea ($1.2M).

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 Knitting Machines. 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)$937k
IMPORTS (2022)$54.4M
NET TRADE (2022)-$53.5M

In 2022, Indonesia exported $937k in Knitting Machines. The main destinations of Indonesia exports on Knitting Machines were India ($415k), Egypt ($212k), Vietnam ($181k), Turkey ($96.9k), and Nigeria ($26.2k).

In 2022, Indonesia imported $54.4M in Knitting Machines, mainly from China ($37.9M), South Korea ($4.45M), Chinese Taipei ($3.49M), Japan ($2.73M), and United States ($2.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
India$222k (115%)
Egypt$212k (1%)
Vietnam$164k (983%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Indonesia WERE (2021 - 2022):
Cambodia-$203k (-100%)
Hong Kong-$55.9k (-99.8%)
Pakistan-$36.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Indonesia's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $316k
TOP IMPORT POTENTIALChina+ $1.75M

Knitting Machines’s highest export potential is India. With an export gap of $316k.   Knitting Machines’s highest import potential is China with an import gap of $1.75M.

See methodology.

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