2022
Exports
$2.33MWorld Rnk 50 / 130
Flag Rnk 761 / 1194
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$256MWorld Rnk 1 / 214
Flag Rnk 192 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $2.33M in Refractory Cements, making it the 50th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 761st most exported product in Indonesia. The main destination of Refractory Cements exports from Indonesia are: Thailand ($413k), South Korea ($369k), Chinese Taipei ($360k), Singapore ($347k), and Malaysia ($259k).

The fastest growing export markets for Refractory Cements of Indonesia between 2021 and 2022 were Chinese Taipei ($274k), China ($171k), and Malaysia ($115k).

Imports In 2022, Indonesia imported $256M in Refractory Cements, becoming the 1st largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 192nd most imported product in Indonesia. Indonesia imports Refractory Cements primarily from: China ($237M), South Korea ($5.42M), Malaysia ($3.76M), Netherlands ($1.83M), and Japan ($1.55M).

The fastest growing import markets in Refractory Cements for Indonesia between 2021 and 2022 were China ($32.3M), South Korea ($3.23M), and Netherlands ($1.76M).

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 Refractory Cements. 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)$2.33M
IMPORTS (2022)$256M
NET TRADE (2022)-$254M

In 2022, Indonesia exported $2.33M in Refractory Cements. The main destinations of Indonesia exports on Refractory Cements were Thailand ($413k), South Korea ($369k), Chinese Taipei ($360k), Singapore ($347k), and Malaysia ($259k).

In 2022, Indonesia imported $256M in Refractory Cements, mainly from China ($237M), South Korea ($5.42M), Malaysia ($3.76M), Netherlands ($1.83M), and Japan ($1.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Chinese Taipei$274k (322%)
China$171k (576%)
Malaysia$115k (79.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Indonesia WERE (2021 - 2022):
Australia-$57.7k (-92.1%)
Vietnam-$50.4k (-88.7%)
India-$41.4k (-59%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Refractory Cements were:
In 2022, Indonesia's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $261k
TOP IMPORT POTENTIALMalaysia+ $3.01M

Refractory Cements’s highest export potential is Malaysia. With an export gap of $261k.   Refractory Cements’s highest import potential is Malaysia with an import gap of $3.01M.

See methodology.

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