Indonesia Exported US$390.65 Million Worth of Animal Fats and Oils to South Africa in 2023
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Indonesia recorded exports to South Africa worth US$843.1 million as of December 2023. This figure represents a 22.71% decrease compared to the previous year's exports, which were recorded at US$1.09 billion.
Indonesia's trade record with South Africa shows a significant decline in exports over the past 10 years. The lowest export value was US$572.2 million, while the highest reached US$1.38 billion.
Of the 97 products (two-digit HS codes) exported to South Africa, 41 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 73 main Indonesian products exported to this country annually. In other words, these products are Indonesia's main export commodities to South Africa. The remaining products are largely also exported to other countries.
The following is a list of the top five products exported by Indonesia to South Africa. This list is ordered from highest to lowest transaction value.
- Animal, vegetable or microbial fats and oils and their cleavage products
- Paper and Paperboard
- Nuclear reactors, boilers, machinery and mechanical appliances
- Footwear, gaiters and the like
- Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their cleavage products are a group of export goods categorized together with Prepared edible fats. Exports of this product to South Africa ranked first, with Indonesia exporting US$390.65 million. The export value of Animal, vegetable or microbial fats and oils and their cleavage products; Prepared edible fats; is lower than the previous period, which reached US$461.81 million.
Falling under HS code 48, Paper and Paperboard are a group of export goods categorized together with Articles of pulp, paper or paperboard. Indonesia exported US$65.65 million worth of these products.
Falling under HS code 84, Nuclear reactors, boilers, machinery and mechanical appliances are a group of export goods categorized together with Parts. Indonesia exported US$65.27 million worth of these products to South Africa. Exports of Nuclear reactors, boilers, machinery and mechanical appliances to South Africa are recorded as the largest. Five other countries that are sources of Nuclear reactors, boilers, machinery and mechanical appliances exports are the United States, China, Germany, the United Kingdom, and Mexico.
Exports of Footwear, gaiters and the like to South Africa are currently the largest. Indonesia exported US$44.81 million worth of these products to this country. Other countries that are major export destinations for Footwear, gaiters and the like with the highest value are the United States, Germany, France, Italy, and Afghanistan.
Another major export product is Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, with exports totaling US$43.02 million. The export value of this product is lower than the previous period, which reached US$121.86 million. Trademap data shows Indonesia's trade activity exporting Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to 4 countries. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to this country are the largest. Five other countries that are sources of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof exports are the United States, Germany, Canada, the United Kingdom, and France.
"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."