Indonesia's Exports to New Caledonia Increased, but Imports Decreased in 2020

Indonesia's trade balance with New Caledonia showed a surplus of US$14.55 million in 2020. This trade balance value increased by 29.19% compared to the previous year's balance, which was recorded at US$11.26 million.

This positive trade balance, according to Trademap data, was supported by Indonesia's export value, which reached US$14.56 million. This value is higher than Indonesia's imports from New Caledonia, which were recorded at US$17,000.

Indonesia's exports to New Caledonia have been on an upward trend in the last year. The previous year's export value was US$11.41 million.

Meanwhile, imports, according to Trademap data, decreased by 88.82% compared to the previous year, which was recorded at US$0.15 million.

Based on product type, there were 10 main export products from Indonesia to New Caledonia that recorded a surplus during 2020. The total value of these main exports reached US$13.19 million.

List of 10 Main Indonesian Export Products to New Caledonia

1. (HS 87): Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof


2. (HS 73): Articles of iron or steel


3. (HS 48): Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard; articles of paper pulp, of paper or of paperboard


4. (HS 76): Aluminum and articles thereof


5. (HS 44): Wood and articles of wood; wood charcoal


6. (HS 94): Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; parts thereof


7. (HS 62): Articles of apparel and clothing accessories, knitted or crocheted


8. (HS 19): Preparations of cereals, flour, starch or milk; pastrycooks' products


9. (HS 83): Articles of base metal


10. (HS 40): Rubber and articles thereof

Globally, the trade balance for all goods was better this time due to an increase in several types of goods. The total value of Indonesia's trade balance was recorded at US$21.68 billion, or an increase of 703.56%. In other words, Indonesia recorded a trade surplus. The previous year's trade balance for Indonesia with all countries worldwide was recorded at US$-3.59 billion.