Indonesia recorded exports to Nauru of US$0.61 million as of December 2020. This figure represents a 26.88% increase compared to the previous year's exports, which were recorded at US$0.48 million.
Indonesia's trade record with Nauru shows an upward trend in exports over the past 10 years. 2020 marked a historical record with the highest export value ever recorded.
Of the total 97 products (two-digit HS codes) exported to Nauru, 30 products were worth more than one billion dollars. Most of the products exported to Nauru are also exported to other countries, totaling 10 products.
The following is a list of the top five products exported by Indonesia to Nauru, ordered from highest to lowest transaction value.
1. Preparations of cereals, flour, starch or milk
Indonesia exported a significant amount of Preparations of cereals, flour, starch or milk. In the Trademap classification, Preparations of cereals, flour, starch or milk fall under HS code 19. This product category is grouped together with pastrycooks' products. In 2020, Indonesia exported US$397,000. Exports of Preparations of cereals, flour, starch or milk; pastrycooks' products increased compared to the previous period, which recorded US$294,000.
2. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
Soap, organic surface-active agents, washing preparations, lubricating preparations, etc., falls under HS code 34 in the Trademap classification. Indonesia exported US$71,000 to Nauru.
3. Essential oils and resinoids
Ranked third, Essential oils and resinoids fall under HS code 33. This product group is categorized together with perfumery, cosmetic or toilet preparations. Indonesia exported US$45,000, an increase compared to the previous period's US$12,000. Indonesia exports this product to 136 countries. Exports of Essential oils and resinoids to Nauru ranked 92nd. Other top five export destinations include Singapore, Thailand, the Philippines, Malaysia, and India.
4. Beverages, spirits and vinegar
Exports of Beverages, spirits and vinegar to Nauru ranked 44th. In 2020, Indonesia recorded exports of US$29,000. Besides Nauru, the largest exports of Beverages, spirits and vinegar were to the Philippines, Timor-Leste, Singapore, Nigeria, and Malaysia.
5. Wood and wood articles
Indonesia exports this product to 151 countries. Exports of Wood and wood articles to Nauru ranked 127th. In 2020, Indonesia recorded exports of US$24,000. Other top five export destinations include Japan, the United States, China, South Korea, and Taiwan.