Indonesia's Top Exports to Cyprus in 2023

Indonesia recorded exports to Cyprus valued at US$16.16 million as of December 2023. This figure represents a 28.8% increase compared to the previous year's exports, which were recorded at US$12.54 million.

Indonesia's trade record with Cyprus shows an upward trend in exports over the past 10 years. 2023 marks a historic record with the highest export value ever recorded.

Of the 97 products (two-digit HS codes) exported to Cyprus, 36 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 43 main Indonesian products exported to this country annually. In other words, these products are Indonesia's main export commodities to Cyprus. The majority of other products are also exported to many other countries.

The following is a list of the top five main products exported by Indonesia to Cyprus. This list is arranged in descending order of value.

1. Paper and Paperboard



Indonesia exports a significant amount of Paper and Paperboard, ranking first. In the Trademap classification, Paper and Paperboard falls under the HS code 48. This product category is grouped together with articles of pulp, paper or paperboard.




In 2023, Indonesia recorded exports valued at US$8.67 million. The export value of Paper and Paperboard; articles of pulp, paper or paperboard increased compared to the previous period, which was recorded at US$4,691 thousand.


2. Fish and crustaceans, molluscs and other aquatic invertebrates





In the Trademap classification, Fish and crustaceans, molluscs and other aquatic invertebrates fall under the HS code 03. Indonesia exported US$2.44 million worth of these products to Cyprus.


3. Rubber



Rubber exports to Cyprus are currently the largest. Indonesia exported US$1.11 million worth of rubber to this country. Other major export destinations for rubber with the highest values include the United States, Germany, China, Mexico, and France.


4. Furniture



Another exported product is Furniture, amounting to US$1.08 million. The export value of this product increased compared to the previous period, which was recorded at US$861 thousand. Trademap data shows Indonesia's trade activity exporting Furniture to 4 countries. Exports of Furniture to this country are the largest. The other five countries that are major export destinations for Furniture are the United States, Germany, France, the United Kingdom, and Canada.


5. Machinery and electrical equipment and parts



Indonesia also recorded significant exports of Machinery and electrical equipment and parts to Cyprus. The export value of this product in 2023 was US$0.62 million. This figure increased compared to the previous period, which was recorded at US$582 thousand. There is one main export destination for this product. Exports of Machinery and electrical equipment and parts to Cyprus are the largest. Other countries in the top five export destinations are China, the United States, Hong Kong, China, Germany, and Singapore.