Indonesia's Fat Exports to Grenada Increase to US$416,000

Indonesia recorded exports to Grenada totaling US$0.59 million as of December 2020. This figure represents a 25.41% decrease compared to the previous year's exports of US$0.79 million.

Indonesia's trade record with Grenada shows an upward trend in exports over the past 10 years. The lowest export value was US$0.21 million, while the highest reached US$1.28 million.

Of the 97 products (two-digit HS codes) exported to Grenada, 0.03 thousand products were worth more than one billion dollars. Most of the exported products are also exported to other countries, with seven products in common.

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

1. Vegetable fats and oils and their fractions

Falling under HS code 15, Vegetable fats and oils and their fractions are categorized together with Edible fats and animal... Exports of this product to Grenada ranked first, with Indonesia exporting US$416,000. The export value of Vegetable fats and oils and their fractions; Edible fats; animal... increased compared to the previous period, which recorded US$368,000.

2. Manufactured tobacco and tobacco substitutes

Manufactured tobacco and tobacco substitutes fall under HS code 24. Indonesia exported US$113,000 worth of these products.

3. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

Indonesia is recorded as exporting this product to 157 countries. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to Grenada ranked 143rd. In 2020, Indonesia recorded exports of US$46,000. Other countries in the top five export destinations include the Philippines, Vietnam, Thailand, Japan, and Saudi Arabia.

4. Cereal preparations, flour, starch or milk preparations

Falling under HS code 19, Cereal preparations, flour, starch or milk preparations are categorized together with pastrycooks' products. Indonesia exported US$5,000, showing an increase as no exports were reported to this country in the previous year. Trademap data shows Indonesia's trading activity exporting Cereal preparations, flour, starch or milk preparations to 128 countries. Exports of Cereal preparations, flour, starch or milk preparations to Grenada ranked 126th. Five other countries that are major sources of Cereal preparations, flour, starch or milk preparations exports are China, Malaysia, the Philippines, Vietnam, and Thailand.

5. Wood and articles of wood

Exports of Wood and articles of wood totaled US$4,000. The export value of this product increased compared to the previous period, which recorded US$2,000. Besides Grenada, Indonesia also relies on exports of Wood and articles of wood to Japan, the United States, China, Korea, Republic of, and Taipei, China. In addition to these main countries, Indonesia is recorded as exporting this product to 146 other countries.