Indonesia recorded exports to Barbados of US$3.77 million as of December 2020. This figure represents a 5.89% decrease compared to the previous year's exports, which were recorded at 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 to Barbados are also exported to other countries, totaling 0.02 thousand products.
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 tradmap classification, this falls under HS code 87. In 2020, Indonesia exported US$1,805 thousand. This export value is lower than the previous period, which reached US$2,394 thousand.
2. Vegetable fats and oils and their cleavage products.
Falling under HS code 15, Vegetable fats and oils and their cleavage products are grouped with Edible fats and animal... Indonesia exported US$688 thousand.
3. Wood and articles of wood.
Indonesia exported this product to 151 countries. Exports of Wood and articles of wood to Barbados ranked 70th. In 2020, Indonesia recorded exports of US$513 thousand. Other top five export destinations include Japan, the United States, China, Korea, Republic of, and Taipei, China.
4. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial...
Indonesia exported this product to 169 countries. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial... to Barbados ranked 116th. In 2020, Indonesia recorded exports of US$275 thousand. The other five major export destinations for Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial... are Malaysia, the Philippines, India, China, and Thailand.
5. Furniture.
Indonesia also exported a significant amount of Furniture to Barbados. The export value of this product in 2020 was US$190 thousand, lower than the previous period's US$218 thousand. Furniture exports to Barbados ranked 93rd. Besides Barbados, the largest Furniture exports were destined for the United States, Japan, the Netherlands, Belgium, and Germany. Indonesia also exported this product to 160 countries.