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Indonesia recorded exports to Cuba totaling US$8.2 million as of December 2023. This figure represents a 173.91% increase compared to the previous year's exports of US$2.99 million.
Indonesia's trade record with Cuba shows an upward trend in exports over the past 10 years. The lowest export value was US$2.75 million, while the highest reached US$13.26 million.
Of the 97 products (two-digit HS codes) exported to Cuba, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, nine main Indonesian products are exported to Cuba annually. In other words, these products are the mainstay of Indonesian exports to Cuba. The majority of other products are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Cuba. This list is ordered from highest to lowest transaction value.
- Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured
- Animal, vegetable or microbial fats and oils and their fractions
- Electrical machinery, equipment and parts
- Glass and glassware
- Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or
Indonesia's largest export to Cuba is Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured. In the Trademap classification, this falls under HS code 34. In 2023, Indonesia recorded exports of US$6.93 million. This represents an increase compared to the previous period, which recorded US$2,728,000.
Second, Indonesia's largest export is Animal, vegetable or microbial fats and oils and their fractions. The export value to Cuba in 2023 was US$0.43 million. In the previous year, Indonesia recorded no exports to this country.
Exports of Electrical machinery, equipment and parts to Cuba are currently among the largest. Indonesia exported US$0.29 million to this country. Other major export destinations for Electrical machinery, equipment and parts include China, the United States, Hong Kong, China, Germany, and Singapore.
Exports of Glass and glassware to Cuba are currently among the largest. Indonesia exported US$0.23 million to this country. Other major export destinations for Glass and glassware include the United States, China, Germany, France, and Italy.
Indonesia exports this product to a single country. Exports of Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or to this country are the largest. In 2023, Indonesia recorded exports of US$0.22 million. Five other major export destinations for Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or are the United States, Japan, the United Kingdom, Germany, 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."