2022
Exports
$741MWorld Rnk 25 / 217
Flag Rnk 46 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$1.54BWorld Rnk 17 / 225
Flag Rnk 28 / 96
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $741M in Paints, dyes, & varnishes, making it the 25th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 46th most exported product in Indonesia. The main destination of Paints, dyes, & varnishes exports from Indonesia are: Germany ($101M), Singapore ($100M), India ($66.8M), Vietnam ($37.4M), and United States ($36.5M).

The fastest growing export markets for Paints, dyes, & varnishes of Indonesia between 2021 and 2022 were United Kingdom ($13.9M), Germany ($7.46M), and Brazil ($7.39M).

Imports In 2022, Indonesia imported $1.54B in Paints, dyes, & varnishes, becoming the 17th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 28th most imported product in Indonesia. Indonesia imports Paints, dyes, & varnishes primarily from: China ($517M), India ($140M), Japan ($114M), Singapore ($90.8M), and South Korea ($86.9M).

The fastest growing import markets in Paints, dyes, & varnishes for Indonesia between 2021 and 2022 were Belgium ($49.5M), Switzerland ($13.4M), and Malaysia ($9.43M).

COMPANIES In 2023, leading companies such as Arhaus (13), Adidas (8), and Cinmar (7) were at the forefront of shipping Paints, dyes, & varnishes from Indonesia to the United States.

Latest Trends

Aug 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 Paints, dyes, & varnishes. 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)$741M
IMPORTS (2022)$1.54B
NET TRADE (2022)-$803M

In 2022, Indonesia exported $741M in Paints, dyes, & varnishes. The main destinations of Indonesia exports on Paints, dyes, & varnishes were Germany ($101M), Singapore ($100M), India ($66.8M), Vietnam ($37.4M), and United States ($36.5M).

In 2022, Indonesia imported $1.54B in Paints, dyes, & varnishes, mainly from China ($517M), India ($140M), Japan ($114M), Singapore ($90.8M), and South Korea ($86.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United Kingdom$13.9M (173%)
Germany$7.46M (7.98%)
Brazil$7.39M (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Indonesia WERE (2021 - 2022):
Singapore-$13.4M (-11.8%)
Chinese Taipei-$5.58M (-30.9%)
Netherlands-$4.4M (-11.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Indonesia's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $32.8M
TOP IMPORT POTENTIALIndia+ $53.5M

Paints, dyes, & varnishes’s highest export potential is China. With an export gap of $32.8M.   Paints, dyes, & varnishes’s highest import potential is India with an import gap of $53.5M.

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