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Exports In 2022, Indonesia exported $17.8k in Nitric Acids, making it the 72nd largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1113th most exported product in Indonesia. The main destination of Nitric Acids exports from Indonesia are: Japan ($9.35k) and Malaysia ($8.44k).

The fastest growing export markets for Nitric Acids of Indonesia between 2021 and 2022 were Japan ($9.35k) and Malaysia ($8.15k).

Imports In 2022, Indonesia imported $12.5M in Nitric Acids, becoming the 12th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 769th most imported product in Indonesia. Indonesia imports Nitric Acids primarily from: South Korea ($7.7M), China ($2.09M), Malaysia ($1.84M), Germany ($218k), and Belgium ($199k).

The fastest growing import markets in Nitric Acids for Indonesia between 2021 and 2022 were South Korea ($2.41M), Malaysia ($768k), and China ($470k).

Latest Trends

Sep 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 Nitric Acids. 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)$17.8k
IMPORTS (2022)$12.5M
NET TRADE (2022)-$12.5M

In 2022, Indonesia exported $17.8k in Nitric Acids. The main destinations of Indonesia exports on Nitric Acids were Japan ($9.35k) and Malaysia ($8.44k).

In 2022, Indonesia imported $12.5M in Nitric Acids, mainly from South Korea ($7.7M), China ($2.09M), Malaysia ($1.84M), Germany ($218k), and Belgium ($199k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Japan$9.35k (1%)
Malaysia$8.15k (2.81k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Indonesia WERE (2021 - 2022):
Laos-$1.42k (-100%)
Timor-Leste-$21 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Nitric Acids were:
In 2022, Indonesia's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $10.2k
TOP IMPORT POTENTIALGermany+ $236k

Nitric Acids’s highest export potential is Malaysia. With an export gap of $10.2k.   Nitric Acids’s highest import potential is Germany with an import gap of $236k.

See methodology.

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