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Exports In 2022, Indonesia exported $70.8M in Turpentine, making it the 2nd largest exporter of Turpentine in the world. At the same year, Turpentine was the 307th most exported product in Indonesia. The main destination of Turpentine exports from Indonesia are: India ($68M), United States ($1.3M), China ($750k), Singapore ($214k), and Netherlands ($121k).

The fastest growing export markets for Turpentine of Indonesia between 2021 and 2022 were India ($5.55M), United States ($1.3M), and Netherlands ($121k).

Imports In 2022, Indonesia imported $4.67M in Turpentine, becoming the 13th largest importer of Turpentine in the world. At the same year, Turpentine was the 906th most imported product in Indonesia. Indonesia imports Turpentine primarily from: China ($2.83M), India ($1.35M), Singapore ($198k), Brazil ($103k), and Germany ($76.9k).

The fastest growing import markets in Turpentine for Indonesia between 2021 and 2022 were Germany ($42.7k), Vietnam ($22.5k), and Brazil ($18.5k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Turpentine from Indonesia to the United States.

Latest Trends

Sep 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 Turpentine. 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)$70.8M
IMPORTS (2022)$4.67M
NET TRADE (2022)$66.1M

In 2022, Indonesia exported $70.8M in Turpentine. The main destinations of Indonesia exports on Turpentine were India ($68M), United States ($1.3M), China ($750k), Singapore ($214k), and Netherlands ($121k).

In 2022, Indonesia imported $4.67M in Turpentine, mainly from China ($2.83M), India ($1.35M), Singapore ($198k), Brazil ($103k), and Germany ($76.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
India$5.55M (8.89%)
United States$1.3M (1%)
Netherlands$121k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Indonesia WERE (2021 - 2022):
China-$1.28M (-63.1%)
France-$142k (-100%)
Pakistan-$69.5k (-69.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALIndia+ $174k

Turpentine’s highest export potential is United States. With an export gap of $1.11M.   Turpentine’s highest import potential is India with an import gap of $174k.

See methodology.

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