Indonesia recorded exports to Macao of US$1.16 million in December 2020. This figure represents a 71.38% decrease compared to the previous year's exports of US$4.06 million.
Indonesia's trade record with Macao shows a significant decline in exports over the past 10 years. The lowest export value was US$1.16 million, while the highest reached US$9.58 million.
Of the 97 products (two-digit HS codes) exported to Macao, 0.03 thousand products were worth more than one billion dollars. Most of the exported products 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 Macao, ordered from highest to lowest transaction value:
1. Ceramic Products (HS Code 69): Indonesia exported US$231,000 worth of ceramic products to Macao, ranking first. This is lower than the previous period's US$722,000.
2. Other Made-up Textile Articles (HS Code 63): This category includes sets, worn clothing, worn textile articles, and fabrics. Indonesia exported US$201,000 worth of these products.
3. Preparations of cereals, flour, starch or milk: Indonesia exported US$129,000 worth of these preparations. This is lower than the previous period's US$203,000. Trademap data shows Indonesia exports these preparations to 128 countries. Macao ranks 84th among these export destinations. The top five export destinations are China, Malaysia, the Philippines, Vietnam, and Thailand.
4. Articles of apparel and clothing accessories, knitted or crocheted (HS Code 62): Indonesia exported US$111,000, an increase from the previous period's US$98,000. Indonesia exports these products to 151 countries. Macao ranks 96th. The top five export destinations are the United States, Japan, Germany, South Korea, and China.
5. Pharmaceutical Products: Indonesia exported US$72,000 worth of pharmaceutical products to Macao, an increase from the previous period's US$63,000. Besides Macao, Indonesia also exports pharmaceutical products to Singapore, the Philippines, Japan, Taiwan, China, and India, as well as 133 other countries.