Indonesia recorded exports to Germany totaling US$2.46 billion as of December 2020. This figure represents a 2.13% increase compared to the previous year's exports, which were recorded at US$2.41 billion.
Indonesia's trade record with Germany shows a significant decrease in exports over the past 10 years. The lowest export value to Germany was US$2.41 billion, while the highest reached US$3.3 billion.
Of the 97 products (two-digit HS codes) exported to Germany, 80 products were worth more than one billion dollars. Most of the products exported to Germany are also exported to other countries, totaling 80 products.
The following is a list of the top five products exported by Indonesia to Germany, ordered from highest to lowest transaction value.
1. Footwear, headgear and the like
Falling under HS code 64, Footwear, headgear and the like is a product group categorized together with and as parts of such articles. Exports of this product to Germany ranked first. Indonesia exported US$347.23 million worth of these products to Germany. Exports of Footwear, headgear and the like; parts of such articles increased compared to the previous period, which was recorded at US$306.65 million.
2. Machinery, mechanical appliances, nuclear reactors, boilers
Falling under HS code 84, Machinery, mechanical appliances, nuclear reactors, boilers is a product group categorized together with and as parts thereof. Indonesia exported US$338.98 million worth of these products to Germany.
3. Articles of apparel and clothing accessories, knitted or crocheted
Indonesia exported this product to 151 countries. Exports of Articles of apparel and clothing accessories, knitted or crocheted to Germany ranked third. In 2020, Indonesia recorded exports valued at US$210.23 million. Five other countries that received exports of Articles of apparel and clothing accessories, knitted or crocheted were the United States, Japan, South Korea, the Republic of Korea, and China.
4. Ores, slag and ash
Other exports included Ores, slag and ash, totaling US$169.84 million. Exports of this product increased compared to the previous period, which was recorded at US$19,260,000. Indonesia exported this product to 25 countries. Exports of Ores, slag and ash to Germany ranked fifth. Other top five export destinations included China, Japan, South Korea, the Republic of Korea, and India.
5. Articles of apparel and clothing accessories, not knitted or crocheted
Exports of Articles of apparel and clothing accessories, not knitted or crocheted to Germany ranked third. In 2020, Indonesia recorded exports valued at US$166.88 million. Five other countries that received exports of Articles of apparel and clothing accessories, not knitted or crocheted were the United States, Japan, South Korea, the Republic of Korea, and Canada.