2023
Exports
$1.19MWorld Rnk 39 / 97
Flag Rnk 826 / 1192
2023
PRODUCT COMPLEXITY IN Magnesium
0.96Rnk 189 / 1025
2023
Imports
$4.13MWorld Rnk 47 / 176
Flag Rnk 900 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $1.19M in Magnesium, making it the 39th largest exporter of Magnesium in the world. At the same year, Magnesium was the 826th most exported product in Indonesia. The main destination of Magnesium exports from Indonesia are: Hong Kong ($449k), China ($350k), South Korea ($196k), Germany ($142k), and Japan ($48.8k).

The fastest growing export markets for Magnesium of Indonesia between 2022 and 2023 were Hong Kong ($449k), China ($350k), and South Korea ($145k).

Imports In 2023, Indonesia imported $4.13M in Magnesium, becoming the 47th largest importer of Magnesium in the world. At the same year, Magnesium was the 900th most imported product in Indonesia. Indonesia imports Magnesium primarily from: China ($4.07M), Japan ($16.4k), Germany ($8.08k), Hong Kong ($7.79k), and Singapore ($7.64k).

The fastest growing import markets in Magnesium for Indonesia between 2022 and 2023 were Japan ($6.93k), Germany ($3.11k), and Austria ($2.85k).

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 Magnesium. 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)$1.19M
IMPORTS (2023)$4.13M
NET TRADE (2023)-$2.94M

In 2023, Indonesia exported $1.19M in Magnesium. The main destinations of Indonesia exports on Magnesium were Hong Kong ($449k), China ($350k), South Korea ($196k), Germany ($142k), and Japan ($48.8k).

In 2023, Indonesia imported $4.13M in Magnesium, mainly from China ($4.07M), Japan ($16.4k), Germany ($8.08k), Hong Kong ($7.79k), and Singapore ($7.64k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Hong Kong$449k (1%)
China$350k (1%)
South Korea$145k (284%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Indonesia WERE (2022 - 2023):
Brazil-$2.21M (-100%)
India-$620k (-100%)
Belgium-$201k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $420k
TOP IMPORT POTENTIALChina+ $3.95M

Magnesium’s highest export potential is India. With an export gap of $420k.   Magnesium’s highest import potential is China with an import gap of $3.95M.

See methodology.

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