Indonesia exported US$0.59 million worth of vehicles (excluding railway or tram equipment) to Palau in 2023.

Indonesia recorded exports worth US$0.76 million to the palace as of December 2023. This figure represents a 76.04% increase compared to the previous year's exports, which were recorded at US$0.43 million.

Indonesia's trade record with the palace shows an upward trend in exports over the past 10 years. 2023 marks a historic record with the highest export value ever recorded.

Of the 97 products (two-digit HS codes) exported to the palace, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 12 main Indonesian products exported annually to this country. In other words, these products are Indonesia's mainstay exports to the palace. The majority of other products are also exported to other countries.

The following is a list of the top five products exported by Indonesia to the palace. This list is ordered from the highest to lowest transaction value.

1. 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. In the Trademap classification, these vehicles fall under HS code 87. In 2023, Indonesia recorded exports worth US$0.59 million. The export value of these vehicles increased compared to the previous period, which was recorded at US$111,000.

2. Animal or vegetable fats and oils and their cleavage products

Second, Indonesia's largest export was Animal or vegetable fats and oils and their cleavage products. Exports to the palace in 2023 were recorded at US$46,000. This figure is lower than the previous period, which reached US$61,000.

3. Paper and paperboard

Indonesia also exported US$33,000 worth of Paper and paperboard to the palace. The export value of this product increased compared to the previous period, which was recorded at US$27,000. There is only one country as the export destination for this product. Exports of Paper and paperboard to the palace are recorded as the largest. Five other countries that are sources of Paper and paperboard exports are the United States, Germany, France, the United Kingdom, and Italy.

4. Wood and articles of wood

Exports of Wood and articles of wood to the palace are currently the largest. Indonesia exported US$25,000 worth of these products to this country. Other countries with the largest exports of Wood and articles of wood are the United States, China, Japan, Germany, and the United Kingdom.

5. Essential oils and resinoids

Falling under HS code 33, Essential oils and resinoids are a group of export products categorized together with perfumery, cosmetic or toilet preparations. Indonesia exported US$12,000 worth of these products to this country. Exports of Essential oils and resinoids are currently largest to this palace. Besides this country, the five largest countries that are sources of Indonesian Essential oils and resinoids exports are the United States, China, Germany, France, and the United Kingdom.