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Indonesia recorded exports to Denmark totaling US$147.67 million as of December 2023. This represents a drastic 79.21% decrease compared to the previous year's exports, which reached US$710.32 million.
Indonesia's trade record with Denmark shows an upward trend in exports over the past 10 years. The lowest export value was US$147.67 million, while the highest reached US$710.32 million.
Of the 97 products (two-digit HS codes) exported to Denmark, 43 were worth more than one billion dollars. Furthermore, according to Trademap data, 64 main Indonesian products are exported to Denmark annually. In other words, these products are Indonesia's main exports to Denmark. The remaining products are largely also exported to other countries.
The following is a list of the top five Indonesian products exported to Denmark, ordered by value from highest to lowest:
1. Footwear, gaiters and the like
Falling under HS code 64, Footwear, gaiters and the like are a group of export goods categorized together with parts of such articles. Exports of this product to Denmark ranked first. Indonesia exported US$53.13 million worth of these goods to Denmark. This is lower than the previous period, which reached US$62,659,000.
2. Animal, vegetable or microbial fats and oils and their fractions
Second, Indonesia's largest export was Animal, vegetable or microbial fats and oils and their fractions. Exports to Denmark in 2023 totaled US$19.27 million. This is lower than the previous period, which reached US$76,359,000.
3. Furniture
Furniture exports to Denmark are currently the largest. Indonesia exported US$17.46 million worth of furniture to Denmark. Other major export destinations for furniture include the United States, Germany, France, the United Kingdom, and Canada.
4. 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 to Denmark. The value of these exports was US$6.82 million. This is lower than the previous period, which reached US$17,533,000. Denmark is the sole export destination for this product. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to Denmark are the largest. The five other countries that import this product from Indonesia are the United States, Germany, Canada, the United Kingdom, and France.
5. Iron and steel
Another product is Iron and steel, under HS code 72. Indonesia exported US$5.54 million worth of iron and steel, an increase compared to the previous period, which recorded US$350,000. Denmark is the sole export destination for this product. Exports of Iron and steel to Denmark are the largest. The five other countries that import this product from Indonesia are China, the United States, Germany, Afghanistan, and Africa not specified elsewhere.
"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."