2022
Exports
$44.9MWorld Rnk 13 / 84
Flag Rnk 356 / 1194
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2022
Imports
$60.7MWorld Rnk 8 / 100
Flag Rnk 451 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $44.9M in Scrap Vessels, making it the 13th largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 356th most exported product in Indonesia. The main destination of Scrap Vessels exports from Indonesia are: Thailand ($29.2M), Pakistan ($15.7M), and Australia ($62.5k).

The fastest growing export markets for Scrap Vessels of Indonesia between 2021 and 2022 were Australia ($62.5k).

Imports In 2022, Indonesia imported $60.7M in Scrap Vessels, becoming the 8th largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 451st most imported product in Indonesia. Indonesia imports Scrap Vessels primarily from: Thailand ($56.8M), Singapore ($2.44M), United States ($1.46M), and Malaysia ($8.98k).

The fastest growing import markets in Scrap Vessels for Indonesia between 2021 and 2022 were Thailand ($56.8M), Singapore ($2.11M), and United States ($1.46M).

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 Scrap Vessels. 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)$44.9M
IMPORTS (2022)$60.7M
NET TRADE (2022)-$15.8M

In 2022, Indonesia exported $44.9M in Scrap Vessels. The main destinations of Indonesia exports on Scrap Vessels were Thailand ($29.2M), Pakistan ($15.7M), and Australia ($62.5k).

In 2022, Indonesia imported $60.7M in Scrap Vessels, mainly from Thailand ($56.8M), Singapore ($2.44M), United States ($1.46M), and Malaysia ($8.98k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):Australia$62.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY Indonesia WERE (2021 - 2022):
Thailand-$25.5M (-46.6%)
Pakistan-$7.27M (-31.7%)
India-$1.56M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Scrap Vessels were:
In 2022, Indonesia's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPakistan+ $245k
TOP IMPORT POTENTIALSingapore+ $1.19M

Scrap Vessels’s highest export potential is Pakistan. With an export gap of $245k.   Scrap Vessels’s highest import potential is Singapore with an import gap of $1.19M.

See methodology.

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