2023
Exports
$66MWorld Rnk 61 / 207
Flag Rnk 309 / 1192
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$477MWorld Rnk 23 / 177
Flag Rnk 108 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $66M in Scrap Iron, making it the 61st largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 309th most exported product in Indonesia. The main destination of Scrap Iron exports from Indonesia are: India ($40.5M), Singapore ($9.71M), Thailand ($2.99M), South Korea ($2.81M), and China ($2.77M).

The fastest growing export markets for Scrap Iron of Indonesia between 2022 and 2023 were Singapore ($4.87M), China ($2.11M), and Chinese Taipei ($430k).

Imports In 2023, Indonesia imported $477M in Scrap Iron, becoming the 23rd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 108th most imported product in Indonesia. Indonesia imports Scrap Iron primarily from: Australia ($128M), Hong Kong ($122M), Singapore ($71.4M), United Kingdom ($47.4M), and Japan ($45.3M).

The fastest growing import markets in Scrap Iron for Indonesia between 2022 and 2023 were Japan ($22.3M), Poland ($1.73M), and Brazil ($1.03M).

COMPANIES In 2024, leading companies such as Euromarket Designs (3) were at the forefront of shipping Scrap Iron from Indonesia to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Scrap Iron. 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)$66M
IMPORTS (2023)$477M
NET TRADE (2023)-$411M

In 2023, Indonesia exported $66M in Scrap Iron. The main destinations of Indonesia exports on Scrap Iron were India ($40.5M), Singapore ($9.71M), Thailand ($2.99M), South Korea ($2.81M), and China ($2.77M).

In 2023, Indonesia imported $477M in Scrap Iron, mainly from Australia ($128M), Hong Kong ($122M), Singapore ($71.4M), United Kingdom ($47.4M), and Japan ($45.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Singapore$4.87M (101%)
China$2.11M (318%)
Chinese Taipei$430k (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Indonesia WERE (2022 - 2023):
South Korea-$7.75M (-73.4%)
India-$4.02M (-9.01%)
Japan-$3.07M (-55.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Indonesia's main exporting competitors in Scrap Iron were:
In 2023, Indonesia's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.8M
TOP IMPORT POTENTIALUnited States+ $17.3M

Scrap Iron’s highest export potential is India. With an export gap of $19.8M.   Scrap Iron’s highest import potential is United States with an import gap of $17.3M.

See methodology.

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