Indonesia recorded exports to Cuba totaling US$2.99 million as of December 2022. This figure represents a 76.03% decrease compared to the previous year's exports, which were recorded at US$12,492 thousand.
Indonesia's trade record with Cuba shows a significant decline in exports over the past 10 years. The lowest export value was US$2.75 million, while the highest reached US$13,519 thousand.
Of the 97 products (two-digit HS codes) exported to Cuba, 37 products were worth more than one billion dollars. Most of the exported products to Cuba are also exported to other countries, with six products in common.
The following is a list of the top five products exported by Indonesia to Cuba, ordered from highest to lowest transaction value.
1. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
This product, classified under HS code 34 in Trademap, was Indonesia's top export to Cuba, totaling US$2,728 thousand. This is lower than the previous period's US$12,273 thousand.
2. Other made-up textile articles
Falling under HS code 63, this category includes sets, worn clothing, worn textile articles, and rags. Indonesia exported US$95 thousand worth of these products.
3. Rubber and articles thereof
Indonesia exported this product to 146 countries. Exports to Cuba ranked 119th. In 2022, Indonesia exported US$86 thousand worth of rubber and articles thereof to Cuba. The largest exports of this product were to the United States, Japan, China, India, and the Republic of Korea.
4. Furniture
Indonesia exported furniture to 158 countries. Exports to Cuba ranked 125th. In 2022, Indonesia recorded exports of US$41 thousand. The top five export destinations for furniture were the United States, Japan, the Netherlands, Germany, and Belgium.
5. Inorganic chemicals
Indonesia also exported a significant amount of inorganic chemicals to Cuba, totaling US$39 thousand. No exports were recorded to Cuba in the previous year. Indonesia exported this product to 75 countries. Exports to Cuba ranked 59th. The other top five export destinations for inorganic chemicals were India, the Republic of Korea, China, Japan, and Malaysia.