2022
Exports
$534kWorld Rnk 37 / 112
Flag Rnk 915 / 1194
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$37.6MWorld Rnk 13 / 195
Flag Rnk 551 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $534k in Soapstone, making it the 37th largest exporter of Soapstone in the world. At the same year, Soapstone was the 915th most exported product in Indonesia. The main destination of Soapstone exports from Indonesia are: Nigeria ($386k), Singapore ($55k), China ($36.3k), Vietnam ($27.6k), and Chinese Taipei ($12.5k).

The fastest growing export markets for Soapstone of Indonesia between 2021 and 2022 were China ($36.2k), Vietnam ($27.6k), and Philippines ($3.56k).

Imports In 2022, Indonesia imported $37.6M in Soapstone, becoming the 13th largest importer of Soapstone in the world. At the same year, Soapstone was the 551st most imported product in Indonesia. Indonesia imports Soapstone primarily from: China ($15.7M), United States ($12.2M), India ($7.07M), South Korea ($834k), and Chinese Taipei ($672k).

The fastest growing import markets in Soapstone for Indonesia between 2021 and 2022 were India ($2.1M), China ($545k), and South Korea ($252k).

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 Soapstone. 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)$534k
IMPORTS (2022)$37.6M
NET TRADE (2022)-$37M

In 2022, Indonesia exported $534k in Soapstone. The main destinations of Indonesia exports on Soapstone were Nigeria ($386k), Singapore ($55k), China ($36.3k), Vietnam ($27.6k), and Chinese Taipei ($12.5k).

In 2022, Indonesia imported $37.6M in Soapstone, mainly from China ($15.7M), United States ($12.2M), India ($7.07M), South Korea ($834k), and Chinese Taipei ($672k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$36.2k (604k%)
Vietnam$27.6k (1%)
Philippines$3.56k (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Indonesia WERE (2021 - 2022):
Nigeria-$288k (-42.8%)
South Africa-$58.5k (-100%)
Singapore-$40.6k (-42.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $58.6k
TOP IMPORT POTENTIALIndia+ $1.1M

Soapstone’s highest export potential is China. With an export gap of $58.6k.   Soapstone’s highest import potential is India with an import gap of $1.1M.

See methodology.

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