Indonesia's Animal Fat and Oil Exports to Togo Drop to US$130.67 Million
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Indonesia recorded exports to Togo totaling US$205.97 million as of December 2023. This represents an 11.51% decrease compared to the previous year's exports, which reached US$232.78 million.
Indonesia's trade record with Togo shows an upward trend in exports over the past 10 years. The lowest export value was US$52.15 million, while the highest reached US$259.18 million.
Of the 97 products (two-digit HS codes) exported to Togo, 35 were worth more than one billion dollars. Furthermore, according to Trademap data, 33 main Indonesian products are exported to Togo annually. In other words, these products are Indonesia's mainstays for exports to Togo. The remaining products are largely also exported to other countries.
The following is a list of the top five products exported from Indonesia to Togo, ordered from highest to lowest transaction value:
1. Animal, vegetable or microbial fats and oils and their fractions.
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions are categorized together with prepared edible fats. Exports of this product to Togo ranked first, with Indonesia exporting US$130.67 million. This is lower than the previous period's US$172.98 million.
2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, with HS code 87. Indonesia exported US$46.79 million.
3. Paper and paperboard.
Next, Indonesia exported a significant amount of Paper and paperboard to Togo, valued at US$8.77 million. This is lower than the previous period's US$11,006,000. Togo is the sole export destination for this product. Exports of Paper and paperboard to Togo are recorded as the largest. Other top five export destinations include the United States, Germany, France, the United Kingdom, and Italy.
4. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial.
Indonesia also exported a significant amount of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Togo, valued at US$7.79 million in 2023. This is higher than the previous period's US$3,935,000. Besides Togo, Indonesia also relies on exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Germany, the United States, China, France, and the United Kingdom. In addition to these main countries, Indonesia exported this product to four other countries.
5. Articles of apparel and clothing accessories, knitted or crocheted.
Exports of Articles of apparel and clothing accessories, knitted or crocheted to Togo are currently the largest. Indonesia exported US$2.29 million to this destination. Other major export destinations for Articles of apparel and clothing accessories, knitted or crocheted include the United States, Germany, France, Japan, and the United Kingdom.
"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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