Indonesia Exported US$20.98 Million Worth of Iron to Dominica in 2023
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Indonesia recorded US$34.79 million in exports to Dominica as of December 2023. This figure represents a 157.51% increase compared to the previous year's exports of US$13.51 million.
Indonesia's trade record with Dominica shows an upward trend in exports over the past 10 years. 2023 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Dominica, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 11 main Indonesian products exported to this country annually. In other words, these products are Indonesia's mainstay exports to Dominica. The remaining products are largely also exported to other countries.
The following is a list of the top five products exported by Indonesia to Dominica. This list is ordered from highest to lowest transaction value.
- Iron and steel
- Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
- Wood and articles of wood
- Animal, vegetable or microbial fats and oils and their cleavage products
- Other articles of base metal
In the Trademap classification, iron and steel falls under HS code 72. Exports of this product to Dominica ranked first. Indonesia exported US$20.98 million worth. In the previous year, Indonesia recorded no exports to this country.
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, with HS code 87. Indonesia exported US$13.05 million.
Exports of wood and articles of wood to Dominica are currently the largest. Indonesia exported US$0.31 million to this country. Other major export destinations for wood and articles of wood include the United States, China, Japan, Germany, and the United Kingdom.
Indonesia exported this product to a single country. Exports of animal, vegetable or microbial fats and oils and their cleavage products to this country are the largest. In 2023, Indonesia recorded exports valued at US$0.2 million. The five other largest export destinations for animal, vegetable or microbial fats and oils and their cleavage products are Ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles), and Slovakia.
Another exported product is other articles of base metal, valued at US$0.1 million. This represents an increase compared to the previous period, which recorded US$13,000. Exports of other articles of base metal are currently largest to Dominica. Besides this country, the five largest export destinations for other articles of base metal from Indonesia are the United States, Germany, France, Mexico, and the United Kingdom.
"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."
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