2022
Exports
$12kWorld Rnk 60 / 82
Flag Rnk 3836 / 4315
falsefalse China
2022
Imports
$2.78MWorld Rnk 32 / 152
Flag Rnk 2853 / 4461
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $12k in Salts of formic acid, making it the 60th largest exporter of Salts of formic acid in the world. At the same year, Salts of formic acid was the 3836th most exported product in Indonesia. The main destination of Salts of formic acid exports from Indonesia are: China ($12k).

The fastest growing export markets for Salts of formic acid of Indonesia between 2021 and 2022 were China ($12k).

Imports In 2022, Indonesia imported $2.78M in Salts of formic acid, becoming the 32nd largest importer of Salts of formic acid in the world. At the same year, Salts of formic acid was the 2853rd most imported product in Indonesia. Indonesia imports Salts of formic acid primarily from: China ($1.6M), Norway ($505k), Germany ($270k), Chinese Taipei ($174k), and Netherlands ($152k).

COMPANIES In 2023, leading companies such as Old Navy (5.97k), Gap (2.13k), and Hankook Tires (2.04k) were at the forefront of shipping Salts of formic acid from Indonesia to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Salts of formic acid. 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)$12k
IMPORTS (2022)$2.78M
NET TRADE (2022)-$2.77M

In 2022, Indonesia exported $12k in Salts of formic acid. The main destinations of Indonesia exports on Salts of formic acid were China ($12k).

In 2022, Indonesia imported $2.78M in Salts of formic acid, mainly from China ($1.6M), Norway ($505k), Germany ($270k), Chinese Taipei ($174k), and Netherlands ($152k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salts of formic acid EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):China$12k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salts of formic acid BY Indonesia WERE (2021 - 2022):
Timor-Leste-$13 (-100%)
Singapore-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Salts of formic acid were:
In 2022, Indonesia's main importing competitors in Salts of formic acid were:

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Trade Value of Salts of formic acid by Exporters

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