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Indonesia recorded US$146.96 million in exports to Morocco as of December 2023. This figure represents a 24.27% decrease compared to the previous year's exports of US$194.04 million.
Indonesia's trade record with Morocco shows an upward trend in exports over the past 10 years. The lowest export value was US$75.2 million, while the highest reached US$194.04 million.
Of the 97 products (two-digit HS codes) exported to Morocco, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 54 main Indonesian products exported to this country annually. In other words, these products are Indonesia's main exports to Morocco. The majority of other products are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Morocco, ordered from highest to lowest transaction value:
1. Animal, vegetable or microbial fats and oils and their cleavage products
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their cleavage products are grouped with Prepared edible fats. Exports of this product to Morocco rank first, with Indonesia exporting US$39.03 million. This represents an increase compared to the previous period, which recorded US$23,817,000.
2. Coffee, tea, maté and spices
Coffee, tea, maté, and spices, with HS code 09. Indonesia exported US$19.83 million.
3. Inorganic chemicals
Falling under HS code 28, Inorganic chemicals are grouped with Organic or inorganic compounds of precious metals, of rare-earth metals,. Indonesia exported US$17.5 million, lower than the previous period which reached US$77,528,000. Trademap data shows Indonesia's trade activity exporting Inorganic chemicals to 4 countries. Exports of Inorganic chemicals to this country are the largest. Other countries in the top five export destinations are China, Korea, Republic of, the United States, India, and Japan.
4. Man-made staple fibers
Exports of Man-made staple fibers to Morocco are currently the largest. Indonesia exported US$13.72 million to this country. Other countries that are major export destinations for Man-made staple fibers with the highest value are Vietnam, Afghanistan, Africa not specified elsewhere, Albania, and Algeria.
5. Rubber
Exports of Rubber to Morocco are currently the largest. Indonesia exported US$8.73 million to this country. Other countries that are major export destinations for Rubber with the highest value are the United States, Germany, China, Mexico, and France.
"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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