Indonesia exported US$187.96 million worth of animal fats and oils to Benin in 2023.
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Indonesia recorded exports to Benin totaling US$203.87 million as of December 2023. This figure represents a 6.16% increase compared to the previous year's exports, which were recorded at US$192.05 million.
Indonesia's trade record with Benin shows an upward trend in exports over the past 10 years. The lowest export value was US$141.98 million, while the highest reached US$249.31 million.
Of the 97 products (two-digit HS codes) exported to Benin, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 22 main Indonesian products exported to Benin annually. In other words, these products are the mainstay of Indonesian exports to Benin. The remaining products are largely those also exported to many other countries.
The following is a list of the top five Indonesian products exported to Benin. This list is ordered from highest to lowest transaction value.
- Animal, vegetable or microbial fats and oils and their cleavage products
- Paper and Paperboard
- Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial
- Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
- Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their cleavage products are a group of export goods categorized together with prepared edible fats. Exports of this product to Benin rank first, with Indonesia exporting US$187.96 million worth. Exports of Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; increased compared to the previous period, which recorded US$175.25 million.
Falling under HS code 48, Paper and Paperboard are a group of export goods categorized together with articles of pulp, paper or paperboard. Indonesia exported US$8.22 million.
Indonesia also exported US$2.14 million worth of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Benin. The export value of this product is lower than the previous period, which reached US$2.145 million. Besides Benin, Indonesia also relies on exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Germany, the United States, China, France, and the United Kingdom. In addition to these main countries, Indonesia is recorded as exporting this product to 4 other countries.
Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to Benin are currently the largest. For this country, Indonesia exported US$2.1 million. Other countries that are the mainstay of exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof with the largest value are the United States, Germany, Canada, the United Kingdom, and France.
Indonesia also exports a significant amount of Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or to Benin. The export value of this product is US$1.11 million. This figure is lower than the previous period, which reached US$3,266 thousand. There is only one export destination for this product. Exports of Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or to Benin are recorded as the largest. Other countries in the top five export destinations are the United States, Japan, the United Kingdom, Germany, and France.
"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."