2022
Exports
$545MWorld Rnk 21 / 213
Flag Rnk 91 / 1194
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$487MWorld Rnk 29 / 224
Flag Rnk 108 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $545M in Refrigerators, making it the 21st largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 91st most exported product in Indonesia. The main destination of Refrigerators exports from Indonesia are: India ($68.3M), Japan ($56.6M), Vietnam ($44.2M), South Korea ($41.7M), and Singapore ($38.1M).

The fastest growing export markets for Refrigerators of Indonesia between 2021 and 2022 were India ($29.8M), Japan ($13.1M), and Vietnam ($7.09M).

Imports In 2022, Indonesia imported $487M in Refrigerators, becoming the 29th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 108th most imported product in Indonesia. Indonesia imports Refrigerators primarily from: China ($368M), Thailand ($49.6M), South Korea ($14.8M), Vietnam ($7.25M), and Malaysia ($6.45M).

The fastest growing import markets in Refrigerators for Indonesia between 2021 and 2022 were China ($73.6M), Germany ($2.86M), and Denmark ($2.64M).

COMPANIES In 2023, leading companies such as LG Electronics (107), Cinmar (2), and REI (Recreational Equipment Incorporated) (1) were at the forefront of shipping Refrigerators from Indonesia to the United States.

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 Refrigerators. 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)$545M
IMPORTS (2022)$487M
NET TRADE (2022)$57.5M

In 2022, Indonesia exported $545M in Refrigerators. The main destinations of Indonesia exports on Refrigerators were India ($68.3M), Japan ($56.6M), Vietnam ($44.2M), South Korea ($41.7M), and Singapore ($38.1M).

In 2022, Indonesia imported $487M in Refrigerators, mainly from China ($368M), Thailand ($49.6M), South Korea ($14.8M), Vietnam ($7.25M), and Malaysia ($6.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
India$29.8M (77.4%)
Japan$13.1M (30.1%)
Vietnam$7.09M (19.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Indonesia WERE (2021 - 2022):
South Korea-$14.3M (-25.6%)
Cambodia-$8.39M (-53.8%)
Thailand-$8.22M (-21.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Indonesia's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $41.2M
TOP IMPORT POTENTIALChina+ $67.4M

Refrigerators’s highest export potential is United States. With an export gap of $41.2M.   Refrigerators’s highest import potential is China with an import gap of $67.4M.

See methodology.

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