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Indonesia recorded self-owned exports of US$337.17 million as of December 2023. This figure shows a 17.98% decrease compared to the previous year's exports, which were recorded at US$411.06 million.
Indonesia's self-owned trade record shows an upward trend in exports over the past 10 years. The lowest Indonesian export value was US$184.15 million, and the highest was US$411.06 million.
Of the 97 products (two-digit HS codes) exported to [Country Name], 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 61 main Indonesian products exported annually to this country. In other words, these products are Indonesia's main exports to [Country Name]. The rest are mostly products also exported to other countries.
The following is a list of the five main products exported by Indonesia to [Country Name]. This list is ordered from the highest to lowest transaction value.
1. Animal, vegetable or microbial fats and oils and their fractions
Indonesia exported a large quantity of Animal, vegetable or microbial fats and oils and their fractions. In the Trademap classification, Animal, vegetable or microbial fats and oils and their fractions fall under the HS code 15. This type of export good is grouped together with prepared edible fats.
In 2023, Indonesia recorded exports of US$165.97 million. The export value of Animal, vegetable or microbial fats and oils and their fractions; prepared edible fats; was lower than the previous period, which reached US$228.32 million.
2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Second, Indonesia's largest export was Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. The export value from [Country Name] in 2023 was recorded at US$74.9 million. This figure is higher than the previous period, which was recorded at US$70,596 thousand.
3. Mineral fuels, mineral oils and products of their distillation
Exports of Mineral fuels, mineral oils and products of their distillation to [Country Name] are currently the largest. For this country, Indonesia exported US$29.02 million. Other countries that are major export destinations for Mineral fuels, mineral oils and products of their distillation with the highest value are China, the United States, India, Japan, and the Republic of Korea.
4. Paper and paperboard
Indonesia exported this product to one country. Exports of Paper and paperboard to this country are the largest. In 2023, Indonesia recorded exports worth US$12.67 million. Five other countries that are sources of Paper and paperboard exports are the United States, Germany, France, the United Kingdom, and Italy.
5. Inorganic chemicals
Furthermore, Indonesia exports a large quantity of Inorganic chemicals to [Country Name]. The export value of this product was recorded at US$9.94 million. This amount is lower than the previous period, which reached US$46,033 thousand. Besides [Country Name], Indonesia also relies on exports of Inorganic chemicals to China, the Republic of Korea, the United States, India, and Japan. In addition to these main countries, Indonesia recorded exports of this product to four other countries.
"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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