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Who buys Indonesia’s ferroalloys? Export destinations 2024

In 2024, Indonesia exported $13.3 billion of ferroalloys (9.4 million tonnes), 30.4% of the world total. China bought 94% of the total, followed by India (3%) and South Korea (2%). Indonesia was the world’s largest exporter of ferroalloys.

Summary

Value
$13.3billion
Tonnes
9.4million tonnes
Share of world total
30.4%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China12.5Tonnes: 8,914,970USD per tonne: $1,40494.2%Sea
India0.34Tonnes: 184,151USD per tonne: $1,8672.6%Sea
South Korea0.2Tonnes: 135,186USD per tonne: $1,4921.5%Sea
Taiwan0.09Tonnes: 48,509USD per tonne: $1,8200.66%Sea
Netherlands re-exports0.05Tonnes: 57,641USD per tonne: $7890.34%Sea
United Kingdom0.04Tonnes: 25,269USD per tonne: $1,5290.29%Sea
Italy0.04Tonnes: 21,131USD per tonne: $1,8110.29%Sea
Philippines< 0.01Tonnes: 2,631USD per tonne: $1,0600.02%Sea
Algeria< 0.01Tonnes: 2,545USD per tonne: $9500.02%Sea
Malaysia< 0.01Tonnes: 1,319USD per tonne: $1,2090.01%Sea
South Africa< 0.01Tonnes: 648USD per tonne: $2,3090.01%Sea
Pakistan< 0.01Tonnes: 1,230USD per tonne: $5190%Sea
Nigeria< 0.01Tonnes: 439USD per tonne: $1,1650%Sea
Cambodia< 0.01Tonnes: 594USD per tonne: $7340%Sea
Australia< 0.01Tonnes: 96USD per tonne: $2,6030%Sea
Thailand< 0.01Tonnes: 161USD per tonne: $1,3810%Sea
Senegal< 0.01Tonnes: 222USD per tonne: $9430%Sea
Kenya< 0.01Tonnes: 164USD per tonne: $1,0070%Sea
Uganda< 0.01Tonnes: 164USD per tonne: $1,0010%Sea
Mauritania< 0.01Tonnes: 139USD per tonne: $7770%Sea

Trend

Who it sells to

China has been its main destination since 2015

Value in USD billions. The five largest destinations in 2024.

  • China 12.5
  • India 0.34
  • South Korea 0.2
  • Taiwan 0.09
  • Netherlands 0.05

Source: CEPII BACI

Show the numbers
Partner19952024
China012.5
India00.34
South Korea0.020.2
Taiwan0.010.09
Netherlands0.030.05

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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