Indonesia was the largest exporter of ceramic products to Macau in 2023.
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Indonesia recorded US$2.85 million in exports to Macau as of December 2023. This figure represents a significant 7.27% decrease compared to the previous year's exports of US$3.07 million.
Indonesia's trade record with Macau shows a drastic reduction in exports over the past 10 years. The lowest export value reached US$1.16 million, while the highest reached US$9.58 million.
Of the 97 products (two-digit HS codes) exported to Macau, 38 were worth more than one million dollars. Furthermore, according to Trademap data, 30 main Indonesian products are exported to Macau annually. In other words, these products are Indonesia's mainstay exports to Macau. The remaining products are largely those also exported to other countries.
The following is a list of the top five Indonesian export products to Macau, ordered by value from highest to lowest.
- Ceramic Products
- Wood and Wood Products
- Coffee, Tea, Maté, and Spices
- Machinery, Electrical Equipment and Parts
- Pharmaceutical Products
Ceramic products, classified under HS code 69 in Trademap, are the top export to Macau. Indonesia exported US$0.52 million worth of these products to Macau. This represents an increase compared to the previous period's US$456,000.
Under HS code 44, wood and wood products are categorized together with charcoal. Indonesia exported US$0.5 million worth of these products to Macau.
Exports of coffee, tea, maté, and spices to Macau were substantial. In 2023, Indonesia exported US$0.47 million worth. Five other major export destinations for these products are the United States, Germany, France, Italy, and Canada.
Exports of machinery, electrical equipment, and parts to Macau are currently among the largest. Indonesia exported US$0.35 million worth to this destination. Other major export destinations for these products include China, the United States, Hong Kong, Germany, and Singapore.
Indonesia also exported a significant amount of pharmaceutical products to Macau. The value of these exports in 2023 reached US$0.19 million, an increase from the previous period's US$95,000. Trademap data shows Indonesia exports pharmaceutical products to four countries, with Macau being the largest recipient. Other top five export destinations include the United States, Germany, Belgium, Switzerland, and China.
"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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