Indonesia recorded exports to Equatorial Guinea totaling US$6.49 million as of December 2020. This figure represents a drastic 28.36% decrease compared to the previous year's exports, which reached US$9.06 million.
Indonesia's trade record with Equatorial Guinea shows an upward trend in exports over the past 10 years. The lowest export value was US$2.77 million, while the highest reached US$9.06 million.
Of the 97 products (two-digit HS codes) exported to Equatorial Guinea, 0.03 thousand products were worth more than one billion dollars. Most of the exported products to this country are also exported to other countries, totaling 0.01 thousand products.
The following is a list of the top five products exported by Indonesia to Equatorial Guinea, ordered from highest to lowest transaction value:
1. Vegetable fats and oils and their cleavage products
Indonesia's largest export is vegetable fats and oils and their cleavage products. In the Trademap classification, this falls under HS code 15. This export category is grouped with edible fats and animal... In 2020, Indonesia exported US$4,761 thousand worth of these products. This is lower than the previous period's US$7,545 thousand.
2. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
The second largest export is soap, organic surface-active agents, washing preparations, lubricating preparations, etc. Exports to Equatorial Guinea in 2020 totaled US$824 thousand, slightly lower than the previous period's US$828 thousand.
3. Electrical machinery and equipment and parts thereof
Next, under HS code 85, electrical machinery and equipment and parts thereof are categorized with sound recorders and reproducers, television... Indonesia exported US$542 thousand worth of these products. Trademap data shows Indonesia exports electrical machinery and equipment and parts thereof to 158 countries. Exports to Equatorial Guinea rank 103rd. Five other major export destinations for this product category are the United States, Singapore, Japan, Hong Kong, China, and Thailand.
4. Paper and paperboard
Also under HS code 48, paper and paperboard are categorized with articles of pulp, paper or paperboard. Indonesia exported US$105 thousand. Exports of paper and paperboard to Equatorial Guinea rank 122nd. Besides Equatorial Guinea, the largest export destinations are China, Japan, the United States, Vietnam, and Malaysia. Indonesia exports this product to 157 countries.
5. Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates
Another export product is preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, valued at US$96 thousand. This is lower than the previous period's US$187 thousand. Besides Equatorial Guinea, Indonesia also exports these preparations to the United States, Japan, Saudi Arabia, Thailand, and the Netherlands. In addition to these major countries, Indonesia exports this product to 96 other countries.