Indonesia Exported US$71.57 Million Worth of Machinery to Kazakhstan in 2023
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Indonesia recorded exports to Kazakhstan totaling US$111.4 million as of December 2023. This figure represents a 5.24% increase compared to the previous year's exports, which were recorded at US$105.85 million.
Indonesia's trade record with Kazakhstan shows an upward trend in exports over the past 10 years. The lowest export value was US$3.2 million, while the highest reached US$207.14 million.
Of the 97 products (two-digit HS codes) exported to Kazakhstan, 38 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 mainstay exports to Kazakhstan. The rest are mostly products also widely exported to other countries.
The following is a list of the top five products exported by Indonesia to Kazakhstan. This list is ordered from highest to lowest transaction value.
- Electrical machinery, equipment, and parts
- Nuclear reactors, boilers, machinery, and mechanical equipment
- Animal, vegetable, or microbial fats and oils and their cleavage products
- Footwear, headgear, and the like
- Plastics
Indonesia's top export to Kazakhstan is electrical machinery, equipment, and parts. In the Trademap classification, electrical machinery, equipment, and parts fall under HS code 85. This product category is grouped together with sound recording and reproducing apparatus, television, etc. In 2023, Indonesia recorded exports valued at US$71.57 million. This is lower than the previous period, which reached US$82,777,000.
Second on the list is nuclear reactors, boilers, machinery, and mechanical equipment. Exports to Kazakhstan in 2023 totaled US$16.89 million. This figure is higher than the previous period's US$6,245,000.
Indonesia exports this product to only one country. Exports of animal, vegetable, or microbial fats and oils and their cleavage products to Kazakhstan are the largest. In 2023, Indonesia recorded exports of US$8.12 million. Five other countries that are sources of exports of animal, vegetable, or microbial fats and oils and their cleavage products are Ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles), and Slovakia.
Falling under HS code 64, footwear, headgear, and the like are grouped together with parts of such articles. Indonesia exported US$2.88 million worth of these products to Kazakhstan. Trademap data shows that Indonesia exports footwear, headgear, and the like to four countries. Exports to Kazakhstan are the largest. Five other countries that are sources of exports of footwear, headgear, and the like are the United States, Germany, France, Italy, and Afghanistan.
Indonesia also exports a significant amount of plastics to Kazakhstan. Exports of this product were valued at US$2.63 million. This is an increase compared to the previous period's US$428,000. Trademap data shows that Indonesia exports plastics to four countries. Exports to Kazakhstan are the largest. Five other countries that are sources of plastic exports are the United States, China, Germany, Mexico, and France.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."