2022
Exports
$2.6BWorld Rnk 2 / 177
Flag Rnk 21 / 1194
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$4.35MWorld Rnk 41 / 118
Flag Rnk 916 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $2.6B in Precious Metal Scraps, making it the 2nd largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 21st most exported product in Indonesia. The main destination of Precious Metal Scraps exports from Indonesia are: Switzerland ($1.32B), Japan ($1.21B), South Korea ($49.3M), Hong Kong ($4.25M), and Singapore ($4.04M).

The fastest growing export markets for Precious Metal Scraps of Indonesia between 2021 and 2022 were Switzerland ($1.24B), Japan ($147M), and South Korea ($49.2M).

Imports In 2022, Indonesia imported $4.35M in Precious Metal Scraps, becoming the 41st largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 916th most imported product in Indonesia. Indonesia imports Precious Metal Scraps primarily from: Singapore ($4.34M), Italy ($4.79k), Turkey ($4.57k), and Germany ($2.58k).

The fastest growing import markets in Precious Metal Scraps for Indonesia between 2021 and 2022 were Singapore ($3.87M), Italy ($4.79k), and Turkey ($4.57k).

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 Precious Metal Scraps. 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)$2.6B
IMPORTS (2022)$4.35M
NET TRADE (2022)$2.59B

In 2022, Indonesia exported $2.6B in Precious Metal Scraps. The main destinations of Indonesia exports on Precious Metal Scraps were Switzerland ($1.32B), Japan ($1.21B), South Korea ($49.3M), Hong Kong ($4.25M), and Singapore ($4.04M).

In 2022, Indonesia imported $4.35M in Precious Metal Scraps, mainly from Singapore ($4.34M), Italy ($4.79k), Turkey ($4.57k), and Germany ($2.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Switzerland$1.24B (1.64k%)
Japan$147M (13.8%)
South Korea$49.2M (37.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Indonesia WERE (2021 - 2022):
Hong Kong-$55.7M (-92.9%)
Italy-$5.89M (-100%)
India-$3.43M (-97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Precious Metal Scraps were:
In 2022, Indonesia's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $31.4M
TOP IMPORT POTENTIALSingapore+ $540k

Precious Metal Scraps’s highest export potential is South Korea. With an export gap of $31.4M.   Precious Metal Scraps’s highest import potential is Singapore with an import gap of $540k.

See methodology.

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