Indonesia Exported US$52.02 Million Worth of Rubber to Romania in 2023
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Indonesia recorded US$135.79 million in exports to Romania as of December 2023. This figure represents an 11.84% increase compared to the previous year's exports of US$121.41 million.
Indonesia's trade record with Romania shows an upward trend in exports over the past 10 years. 2023 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Romania, 45 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 59 main Indonesian products exported annually to this country. In other words, these products are Indonesia's main exports to Romania. The majority of other products are also exported to many other countries.
The following is a list of the top five Indonesian products exported to Romania, ordered from highest to lowest transaction value.
- Rubber
- Machinery, electrical equipment and parts
- Animal, vegetable or microbial fats and oils and their cleavage products
- Mineral fuels, mineral oils and products of their distillation
- Paper and Paperboard
Indonesia exported a significant amount of Rubber, categorized under HS code 40 in the Trademap classification. In 2023, Indonesia exported US$52.02 million worth of rubber. This is lower than the previous period's export value of US$64,125,000.
Falling under HS code 85, Machinery, electrical equipment and parts are grouped with sound recording and reproducing apparatus, television receivers. Indonesia exported US$23.58 million worth of these products to Romania.
Exports of Animal, vegetable or microbial fats and oils and their cleavage products to Romania are currently the largest. Indonesia exported US$17.92 million worth of these products to Romania. Other major export destinations for these products include ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles) and Slovakia.
Fourth on the list, Indonesia also exported US$13.38 million worth of Mineral fuels, mineral oils and products of their distillation to Romania. There were no recorded exports to this country in the previous year. Besides Romania, Indonesia also relies on exports of Mineral fuels, mineral oils and products of their distillation to China, the United States, India, Japan, and the Republic of Korea. In addition to these major countries, Indonesia exported this product to four other countries.
Exports of Paper and Paperboard to Romania are the largest. In 2023, Indonesia recorded exports worth US$7.24 million. Other top five export destinations include the United States, Germany, France, the United Kingdom, and Italy.
"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."
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