2022
Exports
$3.99MWorld Rnk 70 / 184
Flag Rnk 694 / 1194
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$603MWorld Rnk 16 / 219
Flag Rnk 79 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $3.99M in Lifting Machinery, making it the 70th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 694th most exported product in Indonesia. The main destination of Lifting Machinery exports from Indonesia are: Singapore ($1.18M), Guatemala ($431k), Australia ($386k), Malaysia ($347k), and Thailand ($332k).

The fastest growing export markets for Lifting Machinery of Indonesia between 2021 and 2022 were Guatemala ($431k), Malaysia ($212k), and United Arab Emirates ($189k).

Imports In 2022, Indonesia imported $603M in Lifting Machinery, becoming the 16th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 79th most imported product in Indonesia. Indonesia imports Lifting Machinery primarily from: China ($447M), Germany ($18.5M), South Korea ($17.7M), Japan ($13.1M), and Singapore ($13.1M).

The fastest growing import markets in Lifting Machinery for Indonesia between 2021 and 2022 were China ($165M), Hong Kong ($10.4M), and Ecuador ($5.62M).

COMPANIES In 2023, leading companies such as EUROMARKET DESIGNS INC (10), IKEA SUPPLY AG (2), and CINMAR LLC (2) were at the forefront of shipping Lifting Machinery from Indonesia to the United States.

Latest Trends

Mar 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 Lifting Machinery. 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)$3.99M
IMPORTS (2022)$603M
NET TRADE (2022)-$599M

In 2022, Indonesia exported $3.99M in Lifting Machinery. The main destinations of Indonesia exports on Lifting Machinery were Singapore ($1.18M), Guatemala ($431k), Australia ($386k), Malaysia ($347k), and Thailand ($332k).

In 2022, Indonesia imported $603M in Lifting Machinery, mainly from China ($447M), Germany ($18.5M), South Korea ($17.7M), Japan ($13.1M), and Singapore ($13.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Guatemala$431k (1%)
Malaysia$212k (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Indonesia WERE (2021 - 2022):
Singapore-$1.64M (-58.3%)
Mauritania-$1.3M (-98.4%)
Philippines-$111k (-93.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Indonesia's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

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