2022
Exports
$108MWorld Rnk 30 / 144
Flag Rnk 256 / 1194
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$37MWorld Rnk 33 / 182
Flag Rnk 553 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $108M in Silver, making it the 30th largest exporter of Silver in the world. At the same year, Silver was the 256th most exported product in Indonesia. The main destination of Silver exports from Indonesia are: Singapore ($36.1M), Hong Kong ($34.4M), India ($25.4M), Switzerland ($6.08M), and Australia ($2.77M).

The fastest growing export markets for Silver of Indonesia between 2021 and 2022 were Hong Kong ($21.6M), India ($16.2M), and Czechia ($227k).

Imports In 2022, Indonesia imported $37M in Silver, becoming the 33rd largest importer of Silver in the world. At the same year, Silver was the 553rd most imported product in Indonesia. Indonesia imports Silver primarily from: Japan ($18.5M), Singapore ($6.47M), South Korea ($4.35M), Thailand ($2.3M), and Germany ($1.85M).

The fastest growing import markets in Silver for Indonesia between 2021 and 2022 were Hong Kong ($590k), Chinese Taipei ($587k), and United States ($27.7k).

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 Silver. 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)$108M
IMPORTS (2022)$37M
NET TRADE (2022)$70.7M

In 2022, Indonesia exported $108M in Silver. The main destinations of Indonesia exports on Silver were Singapore ($36.1M), Hong Kong ($34.4M), India ($25.4M), Switzerland ($6.08M), and Australia ($2.77M).

In 2022, Indonesia imported $37M in Silver, mainly from Japan ($18.5M), Singapore ($6.47M), South Korea ($4.35M), Thailand ($2.3M), and Germany ($1.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Hong Kong$21.6M (169%)
India$16.2M (178%)
Czechia$227k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Indonesia WERE (2021 - 2022):
Switzerland-$25.1M (-80.5%)
Singapore-$14.3M (-28.3%)
United States-$10.3M (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $10.9M
TOP IMPORT POTENTIALSouth Korea+ $2.78M

Silver’s highest export potential is India. With an export gap of $10.9M.   Silver’s highest import potential is South Korea with an import gap of $2.78M.

See methodology.

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