Indonesia is the Largest Exporter of Iron or Steel Goods to Andorra

Indonesia recorded US$225,000 in exports to Andorra as of December 2022. This figure represents a 3.69% increase compared to the previous year's exports of US$217,000.

Indonesia's trade record with Andorra shows a significant decrease in exports over the past 10 years. The lowest export value was US$10,000, while the highest reached US$469,000.

Of the 97 products (two-digit HS codes) exported to Andorra, 37 were worth more than one billion dollars. Most of the exported products are also exported to other countries, with five products accounting for the majority.

The following is a list of the top five products exported by Indonesia to Andorra, ordered from highest to lowest transaction value:

1. Iron or steel articles: With HS code 73, this product topped the list of exports to Andorra, reaching US$111,000. No exports were recorded to Andorra in the previous year.

2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof: Classified under HS code 87 in Trademap, Indonesia exported US$78,000 worth of these products.

3. Mineral fuels, mineral oils and products of their distillation: Ranked 61st in exports to Andorra, Indonesia exported US$22,000 in 2022. Major export destinations for this product include China, India, Japan, Malaysia, and the Republic of Korea.

4. Iron and steel: Exports of iron and steel amounted to US$12,000. No exports were recorded to Andorra in the previous year. Besides Andorra, Indonesia also exports iron and steel to China, Taipei, China, India, Vietnam, and Malaysia. In addition to these major destinations, Indonesia exported this product to 81 other countries.

5. Electrical machinery and equipment and parts thereof: Indonesia exported US$1,000 worth of this product to Andorra. No exports were recorded to Andorra in the previous year. Trademap data shows that Indonesia exports electrical machinery and equipment and parts thereof to 159 countries. Exports to Andorra ranked 162nd. Other top five export destinations include Singapore, the United States, Japan, the Republic of Korea, and Hong Kong, China.