2023
Exports
$24MWorld Rnk 17 / 128
Flag Rnk 431 / 1192
2023
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.45Rnk 53 / 1025
2023
Imports
$48.8MWorld Rnk 17 / 203
Flag Rnk 470 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $24M in Stainless Steel Wire, making it the 17th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 431st most exported product in Indonesia. The main destination of Stainless Steel Wire exports from Indonesia are: Italy ($4.77M), Singapore ($2.57M), Sweden ($2.22M), Germany ($1.8M), and United Kingdom ($1.6M).

The fastest growing export markets for Stainless Steel Wire of Indonesia between 2022 and 2023 were Netherlands ($937k), Russia ($644k), and Turkey ($573k).

Imports In 2023, Indonesia imported $48.8M in Stainless Steel Wire, becoming the 17th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 470th most imported product in Indonesia. Indonesia imports Stainless Steel Wire primarily from: China ($14.3M), Japan ($9.14M), Thailand ($7.48M), Chinese Taipei ($6.04M), and India ($4.61M).

The fastest growing import markets in Stainless Steel Wire for Indonesia between 2022 and 2023 were Hong Kong ($471k), Germany ($122k), and United States ($98.5k).

Latest Trends

Jan 2025

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 Stainless Steel Wire. 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)$24M
IMPORTS (2023)$48.8M
NET TRADE (2023)-$24.7M

In 2023, Indonesia exported $24M in Stainless Steel Wire. The main destinations of Indonesia exports on Stainless Steel Wire were Italy ($4.77M), Singapore ($2.57M), Sweden ($2.22M), Germany ($1.8M), and United Kingdom ($1.6M).

In 2023, Indonesia imported $48.8M in Stainless Steel Wire, mainly from China ($14.3M), Japan ($9.14M), Thailand ($7.48M), Chinese Taipei ($6.04M), and India ($4.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Netherlands$937k (179%)
Russia$644k (1.94k%)
Turkey$573k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Indonesia WERE (2022 - 2023):
Germany-$2.32M (-56.3%)
Poland-$1.61M (-60.2%)
Sweden-$1.37M (-38.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Stainless Steel Wire were:
In 2023, Indonesia's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.36M
TOP IMPORT POTENTIALIndia+ $3.84M

Stainless Steel Wire’s highest export potential is Germany. With an export gap of $1.36M.   Stainless Steel Wire’s highest import potential is India with an import gap of $3.84M.

See methodology.

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