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Indonesia recorded exports to Papua New Guinea totaling US$196.86 million as of December 2023. This figure represents a significant 19.5% decrease compared to the previous year's exports, which reached US$244.56 million.
Indonesia's trade record with Papua New Guinea shows an upward trend in exports over the past 10 years. The lowest export value was US$139.01 million, while the highest reached US$244.56 million.
Of the 97 products (two-digit HS codes) exported to Papua New Guinea, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, 75 main Indonesian products are exported to this country annually. In other words, these products are the mainstay of Indonesian exports to Papua New Guinea. Many of the other products are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Papua New Guinea. This list is ordered from highest to lowest transaction value.
- Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured
- Edible preparations
- Aluminum
- Fertilizers
- Milled products
Indonesia's largest export to Papua New Guinea is Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured. In the Trademap classification, this falls under HS code 34. In 2023, Indonesia exported US$17.55 million worth of these products. This is lower than the previous period, which reached US$22,062,000.
Edible preparations fall under HS code 21. Indonesia exported US$16.74 million worth of these products.
Aluminum exports to Papua New Guinea are currently the largest. Indonesia exported US$15.43 million worth of aluminum to this country. Other major export destinations for Indonesian aluminum include the United States, Germany, China, Mexico, and France.
Indonesia exports a significant amount of fertilizers to Papua New Guinea, valued at US$13.62 million. This is lower than the previous period, which reached US$18,515,000. Trademap data shows that Indonesia exports fertilizers to four countries, with Papua New Guinea being the largest recipient. Other top five export destinations include Brazil, India, the United States, China, and France.
Falling under HS code 11, milled products are categorized together with malt, starch, inulin, and wheat gluten. Indonesia exported US$13.04 million worth of these products, lower than the previous period's US$19,698,000. Trademap data shows that Indonesia exports milled products to four countries, with Papua New Guinea being the largest recipient. The other top five export destinations are the United States, China, the Netherlands, Germany, and Brazil.
"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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