2023
Exports
$3.45BWorld Rnk 2 / 176
Flag Rnk 14 / 1192
2023
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.62Rnk 738 / 1025
2023
Imports
$660kWorld Rnk 57 / 126
Flag Rnk 1070 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $3.45B 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 14th most exported product in Indonesia. The main destination of Precious Metal Scraps exports from Indonesia are: Switzerland ($2.17B), Japan ($724M), Hong Kong ($225M), Singapore ($178M), and Canada ($88.3M).

The fastest growing export markets for Precious Metal Scraps of Indonesia between 2022 and 2023 were Switzerland ($577M), Hong Kong ($221M), and Singapore ($168M).

Imports In 2023, Indonesia imported $660k in Precious Metal Scraps, becoming the 57th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1070th most imported product in Indonesia. Indonesia imports Precious Metal Scraps primarily from: Singapore ($645k), Hong Kong ($7.47k), United States ($3.4k), Malaysia ($1.8k), and China ($1.24k).

The fastest growing import markets in Precious Metal Scraps for Indonesia between 2022 and 2023 were Hong Kong ($7.47k), United States ($3.4k), and Malaysia ($1.8k).

Latest Trends

Jan 2025

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 (2023)$3.45B
IMPORTS (2023)$660k
NET TRADE (2023)$3.45B

In 2023, Indonesia exported $3.45B in Precious Metal Scraps. The main destinations of Indonesia exports on Precious Metal Scraps were Switzerland ($2.17B), Japan ($724M), Hong Kong ($225M), Singapore ($178M), and Canada ($88.3M).

In 2023, Indonesia imported $660k in Precious Metal Scraps, mainly from Singapore ($645k), Hong Kong ($7.47k), United States ($3.4k), Malaysia ($1.8k), and China ($1.24k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Switzerland$577M (36.3%)
Hong Kong$221M (5.19k%)
Singapore$168M (1.81k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Indonesia WERE (2022 - 2023):
Japan-$511M (-41.4%)
United Kingdom-$2.19M (-67.3%)
United States-$308k (-96.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Precious Metal Scraps were:
In 2023, Indonesia's main importing competitors in Precious Metal Scraps were:

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
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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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