2023
Exports
$1.19BWorld Rnk 18 / 147
Flag Rnk 45 / 1192
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$801MWorld Rnk 21 / 184
Flag Rnk 56 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $1.19B in Refined Copper, making it the 18th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 45th most exported product in Indonesia. The main destination of Refined Copper exports from Indonesia are: Malaysia ($464M), China ($288M), Vietnam ($275M), Thailand ($71.3M), and Chinese Taipei ($34.7M).

The fastest growing export markets for Refined Copper of Indonesia between 2022 and 2023 were India ($15.7M), Finland ($14.5M), and Japan ($12.8M).

Imports In 2023, Indonesia imported $801M in Refined Copper, becoming the 21st largest importer of Refined Copper in the world. At the same year, Refined Copper was the 56th most imported product in Indonesia. Indonesia imports Refined Copper primarily from: Japan ($329M), Philippines ($128M), China ($126M), Australia ($80.3M), and Chile ($73.1M).

The fastest growing import markets in Refined Copper for Indonesia between 2022 and 2023 were Australia ($58.8M), China ($50.1M), and Japan ($25.4M).

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 Refined Copper. 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)$1.19B
IMPORTS (2023)$801M
NET TRADE (2023)$389M

In 2023, Indonesia exported $1.19B in Refined Copper. The main destinations of Indonesia exports on Refined Copper were Malaysia ($464M), China ($288M), Vietnam ($275M), Thailand ($71.3M), and Chinese Taipei ($34.7M).

In 2023, Indonesia imported $801M in Refined Copper, mainly from Japan ($329M), Philippines ($128M), China ($126M), Australia ($80.3M), and Chile ($73.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
India$15.7M (1.75M%)
Finland$14.5M (317%)
Japan$12.8M (1.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Indonesia WERE (2022 - 2023):
Malaysia-$318M (-40.7%)
Thailand-$278M (-79.6%)
China-$43.6M (-13.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Refined Copper were:
In 2023, Indonesia's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $304M
TOP IMPORT POTENTIALChile+ $29.2M

Refined Copper’s highest export potential is China. With an export gap of $304M.   Refined Copper’s highest import potential is Chile with an import gap of $29.2M.

See methodology.

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