Indonesia recorded exports to Sao Tome and Principe totaling US$1.62 million as of December 2021. This figure represents an 18.04% increase compared to the previous year's exports of US$1.38 million.
Indonesia's trade record with Sao Tome and Principe shows an upward trend in exports over the past 10 years. 2021 marked a historic high with the highest export value on record.
Of the 97 products (two-digit HS codes) exported to Sao Tome and Principe, 0.04 thousand products were worth more than one billion dollars. Most of the exported products to this country are also exported to other countries, totaling seven products.
The following is a list of the top five products exported by Indonesia to Sao Tome and Principe, ordered from highest to lowest transaction value:
1. Vegetable fats and oils and their fractions
Falling under HS code 15, Vegetable fats and oils and their fractions are categorized together with Edible fats and animal... This product group ranks first in exports to Sao Tome and Principe. Indonesia exported US$1,086 thousand from this country. Exports of Vegetable fats and oils and their fractions; Edible fats; animal... increased compared to the previous period, which recorded US$1,020 thousand.
2. Rubber and articles thereof
Rubber and articles thereof, under the Trademap classification, fall under HS code 40. Indonesia exported US$364 thousand.
3. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
Indonesia also exports significant quantities of Soap, organic surface-active agents, washing preparations, lubricating preparations, etc. to Sao Tome and Principe. Exports of this product totaled US$115 thousand. This is lower than the previous period, which reached US$271 thousand. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, etc. to Sao Tome and Principe are ranked 126th. Besides this country, the largest exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, etc. are destined for Malaysia, China, India, the Philippines, and Thailand. Indonesia also exports this product to 154 countries.
4. Explosives
Another exported product is Explosives, valued at US$24 thousand. Exports of this product increased compared to the previous period, which recorded US$23 thousand. Besides Sao Tome and Principe, Indonesia also relies on exports of Explosives to Angola, Nigeria, Ghana, Mozambique, and Japan. In addition to these main countries, Indonesia has exported this product to 16 other countries.
5. Essential oils and resinoids
Indonesia's export destinations for this product reach 138 countries. Exports of Essential oils and resinoids to this country are ranked 114th. In 2021, Indonesia recorded exports of US$19 thousand. Other top five export destinations include Singapore, Thailand, Malaysia, the United States, and India.