Indonesia recorded US$6.49 million in exports to Equatorial Guinea as of December 2020. This figure represents a drastic 28.36% decrease compared to the previous year's exports of 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 (0.01 thousand) are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Equatorial Guinea, ordered by value of transaction from highest to lowest.
1. Vegetable fats and oils and their cleavage products
Falling under HS code 15, Vegetable fats and oils and their cleavage products are categorized together with Edible fats and animal... This product group ranked first in exports to Equatorial Guinea, with Indonesia exporting US$4,761 thousand. This export value is lower than the previous period's US$7,545 thousand.
2. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
Second, Indonesia's largest export was Soap, organic surface-active agents, washing preparations, lubricating preparations, etc. The export value to Equatorial Guinea in 2020 was recorded at US$824 thousand, lower than the previous period's US$828 thousand.
3. Electrical machinery and equipment and parts thereof
Falling under HS code 85, Electrical machinery and equipment and parts thereof are categorized together with Sound recorders and reproducers, television... Indonesia exported US$542 thousand worth of these products to Equatorial Guinea. This product ranked 103rd in terms of export destinations. Besides Equatorial Guinea, the largest exports of Electrical machinery and equipment and parts thereof were to the United States, Singapore, Japan, Hong Kong, China, and Thailand. Indonesia also exported this product to 158 countries.
4. Paper and paperboard
Fourth, Indonesia also exported US$105 thousand worth of Paper and paperboard to Equatorial Guinea. This export value increased compared to the previous period's US$96 thousand. This product ranked 122nd in terms of export destinations. Besides Equatorial Guinea, the largest exports of Paper and paperboard were to China, Japan, the United States, Vietnam, and Malaysia. Indonesia also exported this product to 157 countries.
5. Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates
For this product, Indonesia exported a significant amount of Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates to Equatorial Guinea, with an export value of US$96 thousand. This is lower than the previous period's US$187 thousand. Besides Equatorial Guinea, Indonesia also exported Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates to the United States, Japan, Saudi Arabia, Thailand, and the Netherlands. In addition to these major countries, Indonesia exported this product to 96 other countries.