2022
Exports
$6.3BWorld Rnk 1 / 162
Flag Rnk 11 / 96
2022
PRODUCT COMPLEXITY IN Nickel articles
1.47Rnk 61 / 1025
2022
Imports
$80MWorld Rnk 36 / 206
Flag Rnk 84 / 96
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $6.3B in Nickel articles, making it the 1st largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 11th most exported product in Indonesia. The main destination of Nickel articles exports from Indonesia are: China ($4.47B), Japan ($1.22B), United Kingdom ($347M), South Korea ($92.5M), and Norway ($76.7M).

The fastest growing export markets for Nickel articles of Indonesia between 2021 and 2022 were China ($4.17B), Japan ($266M), and South Korea ($77.3M).

Imports In 2022, Indonesia imported $80M in Nickel articles, becoming the 36th largest importer of Nickel articles in the world. At the same year, Nickel articles was the 84th most imported product in Indonesia. Indonesia imports Nickel articles primarily from: Japan ($16.8M), Singapore ($15.4M), Germany ($12.3M), China ($5.93M), and Switzerland ($5.78M).

The fastest growing import markets in Nickel articles for Indonesia between 2021 and 2022 were Switzerland ($2.19M), Canada ($1.37M), and Malaysia ($1.19M).

Latest Trends

Jul 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 Nickel articles. 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)$6.3B
IMPORTS (2022)$80M
NET TRADE (2022)$6.22B

In 2022, Indonesia exported $6.3B in Nickel articles. The main destinations of Indonesia exports on Nickel articles were China ($4.47B), Japan ($1.22B), United Kingdom ($347M), South Korea ($92.5M), and Norway ($76.7M).

In 2022, Indonesia imported $80M in Nickel articles, mainly from Japan ($16.8M), Singapore ($15.4M), Germany ($12.3M), China ($5.93M), and Switzerland ($5.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$4.17B (1.37k%)
Japan$266M (28%)
South Korea$77.3M (505%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY Indonesia WERE (2021 - 2022):
Spain-$31.4M (-100%)
Italy-$7.29M (-99.6%)
United States-$2.5M (-28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Nickel articles were:
Canada $5.49B
Russia $4.87B
In 2022, Indonesia's main importing competitors in Nickel articles were:

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $26.9M
TOP IMPORT POTENTIALChina+ $3.4M

Nickel articles’s highest export potential is Malaysia. With an export gap of $26.9M.   Nickel articles’s highest import potential is China with an import gap of $3.4M.

See methodology.

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