2023
Exports
$1.61BWorld Rnk 1 / 162
Flag Rnk 34 / 1192
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$38.3MWorld Rnk 53 / 221
Flag Rnk 521 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $1.61B in Margarine, making it the 1st largest exporter of Margarine in the world. At the same year, Margarine was the 34th most exported product in Indonesia. The main destination of Margarine exports from Indonesia are: China ($938M), Algeria ($65.7M), Italy ($65.2M), Nigeria ($54.8M), and Malaysia ($42.2M).

The fastest growing export markets for Margarine of Indonesia between 2022 and 2023 were Algeria ($18.5M), Malaysia ($14.3M), and Romania ($12M).

Imports In 2023, Indonesia imported $38.3M in Margarine, becoming the 53rd largest importer of Margarine in the world. At the same year, Margarine was the 521st most imported product in Indonesia. Indonesia imports Margarine primarily from: Malaysia ($13.6M), Singapore ($9.23M), Australia ($6.53M), Japan ($1.76M), and Thailand ($1.68M).

The fastest growing import markets in Margarine for Indonesia between 2022 and 2023 were Thailand ($661k), China ($226k), and Netherlands ($220k).

COMPANIES In 2024, leading companies such as Barry Callebaut (11) were at the forefront of shipping Margarine from Indonesia to the United States.

Latest Trends

Dec 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 Margarine. 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)$1.61B
IMPORTS (2023)$38.3M
NET TRADE (2023)$1.57B

In 2023, Indonesia exported $1.61B in Margarine. The main destinations of Indonesia exports on Margarine were China ($938M), Algeria ($65.7M), Italy ($65.2M), Nigeria ($54.8M), and Malaysia ($42.2M).

In 2023, Indonesia imported $38.3M in Margarine, mainly from Malaysia ($13.6M), Singapore ($9.23M), Australia ($6.53M), Japan ($1.76M), and Thailand ($1.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Algeria$18.5M (39%)
Malaysia$14.3M (51.5%)
Romania$12M (1.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Indonesia WERE (2022 - 2023):
China-$365M (-28%)
Singapore-$30.8M (-53.3%)
Nigeria-$13.2M (-19.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Margarine were:
In 2023, Indonesia's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.7M
TOP IMPORT POTENTIALMalaysia+ $6.81M

Margarine’s highest export potential is United States. With an export gap of $20.7M.   Margarine’s highest import potential is Malaysia with an import gap of $6.81M.

See methodology.

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