Indonesia exported US$146.43 million worth of vehicles (excluding railway and tram equipment) to Peru in 2023.
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Indonesia recorded US$367.4 million in exports to Peru as of December 2023. This figure represents a 17.03% decrease compared to the previous year's exports of US$442.78 million.
Indonesia's trade record with Peru shows an upward trend in exports over the past 10 years. The lowest export value was US$159.09 million, while the highest reached US$442.78 million.
Of the 97 products (two-digit HS codes) exported to Peru, 37 were worth more than one billion dollars. Furthermore, according to Trademap data, 61 main Indonesian products are exported to Peru annually. In other words, these products are the mainstay of Indonesian exports to Peru. 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 Peru, ordered by value from highest to lowest:
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.
Indonesia exported a significant amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. In the Trademap classification, this falls under HS code 87. In 2023, Indonesia exported US$146.43 million worth of these products. This is lower than the previous period's US$157.8 million.
2. Footwear, gaiters and the like
Indonesia exported US$55.52 million worth of footwear, gaiters and the like (HS code 64), categorized together with parts of such articles.
3. Other chemical products
Indonesia exported US$34.07 million worth of other chemical products to Peru, lower than the previous period's US$38,877,000. Trademap data shows that Indonesia exports these products to four countries, with Peru being the largest recipient. The other five countries that import these products are the United States, China, Germany, the Netherlands, and France.
4. Paper and paperboard
Indonesia exported US$33.04 million worth of paper and paperboard to Peru in 2023, its largest export market for this product. The other five countries that import these products are the United States, Germany, France, the United Kingdom, and Italy.
5. Nuclear reactors, boilers, machinery and mechanical appliances
Indonesia exported US$27.37 million worth of nuclear reactors, boilers, machinery and mechanical appliances to Peru in 2023, its largest export market for this product. The other five countries that import these products are the United States, China, Germany, the United Kingdom, and Mexico.
"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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