Indonesia recorded exports to Kiribati of US$3.02 million as of December 2022. This figure represents a drastic 32.76% decrease compared to the previous year's exports, which were recorded at US$4.49 million.
Indonesia's trade record with Kiribati shows an upward trend in exports over the past 10 years. The lowest export value was US$1.73 million, while the highest reached US$4.49 million.
Of the 97 products (two-digit HS codes) exported to Kiribati, 37 were worth more than one million dollars. Most of the exported products (28) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Kiribati, ordered from highest to lowest transaction value.
1. Animal, vegetable or microbial fats and oils and their cleavage products
Indonesia exported a significant amount of Animal, vegetable or microbial fats and oils and their cleavage products. In the Trademap classification, these fall under HS code 15. This product category is grouped with edible processed fats and...
In 2022, Indonesia exported US$709,000 worth of Animal, vegetable or microbial fats and oils and their cleavage products; edible processed fats;... This represents an increase compared to the previous period, which recorded US$707,000.
2. Essential oils and resinoids
Falling under HS code 33, Essential oils and resinoids are grouped with perfumery, cosmetic or toilet preparations. Indonesia exported US$668,000 worth of these products.
3. Preparations of cereals, flour, starch or milk
Another exported product was Preparations of cereals, flour, starch or milk, valued at US$540,000. This is lower than the previous period's US$755,000. Trademap data shows Indonesia exports Preparations of cereals, flour, starch or milk to 129 countries. Exports to Kiribati rank 56th. Other top five export destinations include China, Malaysia, Philippines, Vietnam, and Thailand.
4. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
Indonesia also exported US$405,000 worth of Soap, organic surface-active agents, washing preparations, lubricating preparations, etc. to Kiribati. This is lower than the previous period's US$869,000. Indonesia exports this product to 162 countries. Exports to Kiribati rank 106th. The other top five export destinations for this product are China, India, Malaysia, Philippines, and Thailand.
5. Articles of apparel and clothing accessories, knitted or crocheted
Another exported product was Articles of apparel and clothing accessories, knitted or crocheted, valued at US$207,000. This represents an increase compared to the previous period's US$156,000. Indonesia exports this product to 159 countries. Exports to Kiribati rank 89th. Other top five export destinations include the United States, Japan, Germany, Republic of Korea, and Canada.