Indonesia's Rubber Exports to Finland Drop to US$23,815 Thousand

Indonesia recorded exports to Finland totaling US$92,092 thousand in December 2022. This figure represents a 7.82% increase compared to the previous year's exports of US$85,413 thousand.

Indonesia's trade record with Finland shows a significant decrease in exports over the past 10 years. The lowest export value recorded was US$60,787 thousand, while the highest reached US$149,112 thousand.

Of the 97 products (two-digit HS codes) exported to Finland, 40 products were worth more than one billion dollars. Most of the exported products (47) are also exported to other countries.

The following is a list of the top five Indonesian export products to Finland, ordered by value from highest to lowest.

1. Rubber and articles thereof

Indonesia's primary export to Finland is rubber and articles thereof. In the Trademap classification, rubber and articles thereof fall under HS code 40. In 2022, Indonesia exported US$23,815 thousand. This is lower than the previous period's US$38,336 thousand.

2. Copper and articles thereof

Copper and articles thereof, classified under HS code 74 in Trademap, accounted for US$21,225 thousand in exports from Indonesia to Finland.

3. Inorganic chemicals

Inorganic chemical exports to Finland ranked 21st. In 2022, Indonesia exported US$12,607 thousand. The largest exports of inorganic chemicals were to India, Korea, China, Japan, and Malaysia.

4. Ceramic products

Ceramic products (HS code 69 in Trademap) accounted for US$8,106 thousand in exports, lower than the previous period's US$8,379 thousand. Besides Finland, Indonesia also exports ceramic products to the United States, Japan, Malaysia, India, and the Philippines, as well as 117 other countries.

5. Preparations of vegetables, fruit, nuts or other parts of plants

Indonesia exported US$5,941 thousand worth of preparations of vegetables, fruit, nuts, or other parts of plants to Finland. This represents an increase compared to the previous period's US$3,698 thousand. Trademap data shows that Indonesia exports these preparations to 87 countries. Finland ranked 13th as a destination for this product. The top five export destinations are the United States, the Netherlands, Spain, China, and Japan.