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2022
Exports $19.1MWorld Rnk 26 / 157
Flag Rnk 468 / 1194
2022
Destination $2.11M China
2021 - 2022
FASTEST GROWING MARKET $2.11MVietnam
2022
PRODUCT COMPLEXITY IN Silicone1.72Rnk 20 / 1025
2022
Imports $151MWorld Rnk 21 / 215
Flag Rnk 267 / 1206
2022
Origin $14.6M China
2021 - 2022
FASTEST GROWING ORIGIN $14.6MChina
2022
ECONOMIC COMPLEXITY of Indonesia-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $19.1M in Silicone, making it the 26th largest exporter of Silicone in the world. At the same year, Silicone was the 468th most exported product in Indonesia. The main destination of Silicone exports from Indonesia are: China ($6.82M), United States ($6.55M), Vietnam ($2.42M), Singapore ($1.4M), and Thailand ($485k).

The fastest growing export markets for Silicone of Indonesia between 2021 and 2022 were Vietnam ($2.11M), China ($1.83M), and United States ($1.65M).

Imports In 2022, Indonesia imported $151M in Silicone, becoming the 21st largest importer of Silicone in the world. At the same year, Silicone was the 267th most imported product in Indonesia. Indonesia imports Silicone primarily from: China ($51.2M), Germany ($16.8M), Thailand ($14.7M), Japan ($12.8M), and India ($12.6M).

The fastest growing import markets in Silicone for Indonesia between 2021 and 2022 were China ($14.6M), India ($8.23M), and Germany ($2.66M).

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 Silicone. 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)$19.1M
IMPORTS (2022)$151M
NET TRADE (2022)-$132M

In 2022, Indonesia exported $19.1M in Silicone. The main destinations of Indonesia exports on Silicone were China ($6.82M), United States ($6.55M), Vietnam ($2.42M), Singapore ($1.4M), and Thailand ($485k).

In 2022, Indonesia imported $151M in Silicone, mainly from China ($51.2M), Germany ($16.8M), Thailand ($14.7M), Japan ($12.8M), and India ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Vietnam$2.11M (697%)
China$1.83M (36.6%)
United States$1.65M (33.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Indonesia WERE (2021 - 2022):
Thailand-$611k (-55.8%)
Singapore-$307k (-18%)
Malaysia-$87.3k (-89.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Silicone were:
China $2.2B
Germany $2.07B
United States $1.55B
In 2022, Indonesia's main importing competitors in Silicone were:
United States $1.2B
China $1B
South Korea $600M

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.63M
TOP IMPORT POTENTIALChina+ $12.6M

Silicone’s highest export potential is China. With an export gap of $3.63M.   Silicone’s highest import potential is China with an import gap of $12.6M.

See methodology.

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