Indonesia Exported US$646.78 Million Worth of Other Chemical Products to the Netherlands in 2023

Indonesia recorded exports to the Netherlands worth US$3.87 billion as of December 2023. This figure represents a significant 28.12% decrease compared to the previous year's exports, which totaled US$5.38 billion.

Indonesia's trade record with the Netherlands shows an upward trend in exports over the past 10 years. The lowest export value was US$3.11 billion, while the highest reached US$5.38 billion.

Of the 97 products (two-digit HS codes) exported to the Netherlands, 65 were worth more than one billion dollars. Furthermore, according to Trademap data, 87 major Indonesian products are exported to the Netherlands annually. In other words, these products are the mainstay of Indonesian exports to the Netherlands. Many of the other products are also exported to other countries.

Below is a list of the top five Indonesian products exported to the Netherlands, ordered from highest to lowest transaction value.

1. Other Chemical Products

Indonesia exported a significant amount of Other Chemical Products, categorized under HS code 38 in Trademap. In 2023, exports totaled US$646.78 million, lower than the previous period's US$1.39 billion.

2. Animal, vegetable or microbial fats and oils and their fractions

Second on the list is Animal, vegetable or microbial fats and oils and their fractions. Exports to the Netherlands in 2023 reached US$548.6 million, down from US$930.68 million in the previous period.

3. Footwear, gaiters and the like

Falling under HS code 64, Footwear, gaiters and the like are categorized together with parts of such articles. Indonesia exported US$402.79 million worth, an increase compared to the previous period's US$207.07 million. The Netherlands currently remains the largest export destination for this product category. Other top five export destinations include the United States, Germany, France, Italy, and Afghanistan.

4. Food industry residues and waste

Under HS code 23, Food industry residues and waste are categorized together with prepared animal feeding stuffs. Indonesia exported US$345.54 million worth to the Netherlands. The Netherlands is currently the largest export destination for this product. Other top five export destinations include China, Germany, the United States, Vietnam, and Indonesia.

5. Machinery, mechanical appliances and electrical parts

Indonesia exported this product to several countries, with the Netherlands being the largest recipient. In 2023, exports totaled US$214.38 million. Other top five export destinations include China, the United States, Hong Kong, China, Germany, and Singapore.