Indonesia recorded exports to Trinidad and Tobago totaling US$20.07 million as of December 2020. This figure represents a 2.86% decrease compared to the previous year's exports, which totaled US$20.66 million.
Indonesia's trade record with Trinidad and Tobago shows an upward trend in exports over the past 10 years. The lowest export value was US$8.2 million, while the highest reached US$28.72 million.
Of the 97 products (two-digit HS codes) exported to Trinidad and Tobago, 0.03 thousand products were worth more than one billion dollars. Most of the exported products to this country are also exported to other countries, totaling 0.03 thousand products.
The following is a list of the top five products exported by Indonesia to Trinidad and Tobago, ordered from highest to lowest transaction value:
1. Paper and paperboard
Indonesia exported a significant amount of Paper and paperboard. In the tradmap classification, Paper and paperboard falls under HS code 48. This product category is grouped with Paper pulp, paper or paperboard articles. In 2020, Indonesia exported US$8,442 thousand. This export value increased compared to the previous period, which recorded US$6,943 thousand.
2. Vegetable fats and oils and their fractions
Indonesia's second-largest export was Vegetable fats and oils and their fractions. The export value to Trinidad and Tobago in 2020 was US$2,873 thousand, lower than the previous period's US$2,954 thousand.
3. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia exports this product to 157 countries. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to this country ranked 64th. In 2020, Indonesia recorded exports of US$2,853 thousand. Other top five export destinations include the Philippines, Vietnam, Thailand, Japan, and Saudi Arabia.
4. Fish and crustaceans, molluscs and other aquatic invertebrates
Indonesia also exported a significant amount of Fish and crustaceans, molluscs and other aquatic invertebrates to Trinidad and Tobago. The export value of this product in 2020 was US$1,356 thousand, lower than the previous period's US$1,727 thousand. Exports of Fish and crustaceans, molluscs and other aquatic invertebrates to Trinidad and Tobago ranked 36th. Besides Trinidad and Tobago, the largest exports of this product were to the United States, China, Japan, Vietnam, and Thailand. Indonesia exported this product to 104 countries.
5. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, modelling pastes, polishing and scouring preparations
Indonesia exports this product to 169 countries. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, modelling pastes, polishing and scouring preparations to this country ranked 88th. In 2020, Indonesia recorded exports of US$1,210 thousand. Besides Trinidad and Tobago, the largest exports of this product were to Malaysia, the Philippines, India, China, and Thailand.