Indonesia Export Data
15-Feb-2024
Rubber, recognized for its elasticity, is a commodity used in many products and uses worldwide. There are two distinct kinds of rubber: natural and synthetic. Natural rubber is made from the juice (latex) of the rubber tree, whereas synthetic rubber comes from petroleum. However, Indonesia is one of the world's top producers and exporters of natural rubber, with a considerable presence in the global market.
The country's rubber business has a lengthy history, dating back to the late 1800s when rubber plantations were first created. Today, Indonesia's rubber business is a major economic driver, employing millions and contributing significantly to export revenues. In this blog, we will explore the Indonesia rubber export data, natural rubber exporters, and their HS codes.
Indonesia is known for its favorable climate and fertile soil, ideal for rubber cultivation. The country primarily produces natural rubber derived from the latex of rubber trees. Rubber trees are usually raised in large plantations, especially in Sumatra, Kalimantan, and Sulawesi provinces.
The production process of natural rubber involves tapping the latex from the rubber trees, which is then processed to produce various grades of rubber. Indonesia produces a variety of rubbers, such as ribbed smoked sheet (RSS), standard Indonesian rubber (SIR), and latex concentrate.
As the world's second-largest rubber producer, Indonesia exports significant amounts of rubber to the global market, according to natural rubber exporters.
Since the 1980s, the Indonesian rubber industry has seen a consistent production increase. Smallholder farmers provide the vast majority of the country's rubber output (around 80%). Thus, governments and private estates play minimal roles in the local rubber sector.
Now it's time to look at some remarkable Indonesia rubber export data!
Indonesia is the second-biggest exporter of rubber in the world, with a vibrant export market for raw and processed rubber products. According to Indonesia rubber export data, Indonesia's natural rubber exports were valued at 3.5 billion US dollars in 2022.
As per natural rubber exporters data, Indonesia was the second largest exporter of natural rubber in 2022, accounting for 22% of global sales. Here's a breakdown of its key destinations:
Country | Indonesia rubber export data value (Million USD) | Units | Use |
United States | 1000 | Million USD | Tire manufacturing, industrial applications |
Japan | 820 | Million USD | Automotive, other industries |
China | 300 | Million USD | Tires, footwear, and various industries |
India | 291 | Million USD | Tire production, industrial applications |
Let's take a look at the Indonesia rubber export data by country!
United States: The biggest buyer, importing $1 billion of rubber in 2022. Used in tire manufacturing and other industrial applications.
Japan: Japan is the second-largest importer, with $820 million in 2022. Utilized in automotive and other industries.
China: China is an expanding market, importing $300 million in 2022. Employed in various industries, including tires and footwear.
India: India is another significant importer, buying $291 million in 2022. Used in tire production and other industrial applications.
South Korea: Rounding out the top 5 with $250 million in imports in 2022. Used in tire manufacturing and other industries.
Indonesia is a large producer of natural rubber, ranking third in the world, thanks to its extensive rubber plantations and export possibilities. Indonesia's rubber is interesting to foreign customers since it is priced competitively compared to other producers.
According to the most recent Indonesia Rubber Export data, Indonesia's natural rubber exports were valued at $3.5 billion in 2022.
However, Indonesia is a major exporter of natural rubber, with a significant share of its production being exported to various countries worldwide. The Indonesia rubber export data provides valuable insights into the global rubber market dynamics and the industry's key players.
Variety of Rubber Types: As per natural rubber exporters data, Indonesia exports a variety of rubber varieties, including sheet rubber (RSS), technically specified rubber (TSR), and crumb rubber (SIR), to meet the needs of a broad range of specific industries.
Top Export Destinations: The United States, Japan, China, India, and South Korea import Indonesian rubber, which is used in various industries, including tires, automobile parts, footwear, and more.
Note: The Harmonized System (HS) code for natural rubber is 4001.
Let's take a look at the Indonesia market trends for the Indonesia rubber industry!
The Asia-Pacific area is a key driver for the global rubber market, with demand expanding rapidly, driven by China, the world's biggest rubber consumer, estimated to account for approximately 40% of total global rubber consumption by 2021 (mostly utilized in the tire manufacturing industry).
Meanwhile, a considerable rise in rubber consumption is projected in Indonesia, India, Vietnam, and Thailand due to the development of their automobile sectors.
According to Indonesia rubber export data, Indonesia is one of the largest natural rubber exporters in the world, competing with other major producers such as Thailand, Malaysia, and Vietnam. The country's competitive advantage lies in its abundant natural resources, favorable climate, and established rubber production and export infrastructure.
Indonesia's rubber sector is a major player in the worldwide market, with large production and export volumes. The country's favorable climate and plenty of natural resources make it a competitive player in the business, and its export data sheds light on the global rubber market's dynamics. As per Indonesia trade data, the Indonesian rubber export data by nation reveals that the United States is one of the top buyers of Indonesian rubber, followed by China, Japan, and India. However, these countries import significant amounts of natural rubber for various industries, including automotive, construction, and manufacturing. So, if you need any assistance regarding Indonesia rubber export data by country, natural rubber HS code, or Indonesia rubber export data, connect with our professionals today and explore the global market without any hustle and bustle.
As per Indonesia trade data, Indonesia exported $4.36B in Rubber in 2023. The main destinations of Indonesia exports on Rubber were the United States ($1B), Japan ($820M), China ($300M), India ($291M), and South Korea ($250M).
According to Indonesia trade data, Thailand is the world's biggest rubber-producing country. Thailand is followed by Indonesia and China, in second and third place, respectively. India ranks fourth in Rubber production.
As per Indonesia rubber export data, Indonesia's natural rubber exports had a value of 3.5 billion U.S. dollars in 2022.10
Based on Indonesia Rubber trade data, it was estimated that Indonesia produced around 3.14 million metric tons of rubber in 2022.