Indonesia recorded exports to Barbados totaling US$3.77 million as of December 2020. This figure represents a 5.89% decrease compared to the previous year's exports of US$4.01 million.
Indonesia's trade record with Barbados shows an upward trend in exports over the past 10 years. The lowest export value was US$2.33 million, while the highest reached US$5.56 million.
Of the 97 products (two-digit HS codes) exported to Barbados, 0.03 thousand products were worth more than one billion dollars. Most of the exported products (0.02 thousand) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Barbados, ordered from 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, this falls under HS code 87. In 2020, Indonesia exported US$1,805 thousand. This is lower than the previous period's US$2,394 thousand.
2. Fats and oils of animal or vegetable origin, and their cleavage products
Indonesia's second-largest export to Barbados was Fats and oils of animal or vegetable origin, and their cleavage products, valued at US$688 thousand in 2020. This represents an increase compared to the previous period's US$634 thousand.
3. Wood and articles of wood
Indonesia exports this product to 151 countries. Exports of Wood and articles of wood to Barbados ranked 70th. In 2020, Indonesia exported US$513 thousand. Other top five export destinations for Wood and articles of wood include Japan, the United States, China, the Republic of Korea, and Taipei, China.
4. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations
Indonesia exports this product to 169 countries. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations to Barbados ranked 116th. In 2020, Indonesia exported US$275 thousand. Other major export destinations include Malaysia, the Philippines, India, China, and Thailand.
5. Furniture
Indonesia exported US$190 thousand worth of Furniture to Barbados. This is lower than the previous period's US$218 thousand. Trademap data shows Indonesia exports Furniture to 160 countries. Exports to Barbados ranked 93rd. Other top five export destinations include the United States, Japan, the Netherlands, Belgium, and Germany.