2022
Exports
$408MWorld Rnk 29 / 220
Flag Rnk 110 / 1194
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$582MWorld Rnk 27 / 225
Flag Rnk 83 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $408M in Plastic Lids, making it the 29th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 110th most exported product in Indonesia. The main destination of Plastic Lids exports from Indonesia are: Japan ($158M), Singapore ($81.1M), United States ($35.2M), Thailand ($10.7M), and United Kingdom ($9.94M).

The fastest growing export markets for Plastic Lids of Indonesia between 2021 and 2022 were Singapore ($40.8M), Japan ($23.8M), and Brazil ($3.91M).

Imports In 2022, Indonesia imported $582M in Plastic Lids, becoming the 27th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 83rd most imported product in Indonesia. Indonesia imports Plastic Lids primarily from: China ($308M), Malaysia ($89.9M), Singapore ($40.1M), Thailand ($35.7M), and Vietnam ($18.5M).

The fastest growing import markets in Plastic Lids for Indonesia between 2021 and 2022 were China ($57M), Malaysia ($12.6M), and Vietnam ($6.87M).

COMPANIES In 2023, leading companies such as L'Oreal (5), Uttermost Furniture (1), and Michael Kors (1) were at the forefront of shipping Plastic Lids from Indonesia to the United States.

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 Plastic Lids. 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)$408M
IMPORTS (2022)$582M
NET TRADE (2022)-$174M

In 2022, Indonesia exported $408M in Plastic Lids. The main destinations of Indonesia exports on Plastic Lids were Japan ($158M), Singapore ($81.1M), United States ($35.2M), Thailand ($10.7M), and United Kingdom ($9.94M).

In 2022, Indonesia imported $582M in Plastic Lids, mainly from China ($308M), Malaysia ($89.9M), Singapore ($40.1M), Thailand ($35.7M), and Vietnam ($18.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Singapore$40.8M (101%)
Japan$23.8M (17.8%)
Brazil$3.91M (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY Indonesia WERE (2021 - 2022):
Germany-$2.63M (-34.6%)
United States-$2.07M (-5.56%)
Australia-$1.29M (-21.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Plastic Lids were:
In 2022, Indonesia's main importing competitors in Plastic Lids were:

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.2M
TOP IMPORT POTENTIALChina+ $66.3M

Plastic Lids’s highest export potential is United States. With an export gap of $40.2M.   Plastic Lids’s highest import potential is China with an import gap of $66.3M.

See methodology.

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