Indonesia was the largest exporter of animal fats and oils to Israel in 2023.
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Indonesia recorded exports to Israel worth US$165.77 million as of December 2023. This value is down 10.66% compared to the previous year's exports, which were recorded at US$185.56 million.
Indonesia's trade record with Israel shows an upward trend in exports over the past 10 years. The lowest Indonesian export value was US$103.16 million, and the highest was US$185.56 million.
Of the 97 products (two-digit HS codes) exported to Israel, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 62 main Indonesian products exported to this country annually. In other words, these products are Indonesia's mainstay exports to Israel. The rest are mostly products also widely exported to other countries.
The following is a list of the top five main products exported by Indonesia to Israel. This order is arranged from the largest transaction value.
1. Animal, vegetable or microbial fats and oils and their fractions
In the first place, Indonesia exports a large quantity of Animal, vegetable or microbial fats and oils and their fractions. In the Trademap classification, Animal, vegetable or microbial fats and oils and their fractions fall under the HS code 15. This product is a type of export good grouped together with Prepared edible fats and...
In 2023, Indonesia recorded exports of US$44.12 million. The export value of Animal, vegetable or microbial fats and oils and their fractions; Prepared edible fats; was lower than the previous period, which reached US$61,750,000.
2. Footwear, gaiters and the like
Falling under HS code 64, Footwear, gaiters and the like is a group of export goods categorized together with parts of such articles. Indonesia exported US$17.27 million worth.
3. Electrical machinery and equipment and parts
Indonesia exported this product to one country. Exports of Electrical machinery and equipment and parts to this country are the largest. In 2023, Indonesia recorded exports of US$17.15 million. Other countries in the top five export destinations are China, the United States, Hong Kong, China, Germany, and Singapore.
4. Man-made staple fibers
Next, Indonesia also exported US$11.19 million worth of Man-made staple fibers to Israel. The export value of this product was lower than the previous period, which reached US$13,543,000. Trademap data shows Indonesia's trading activity exporting Man-made staple fibers to 4 countries. Exports of Man-made staple fibers to this country are the largest. Five other countries that are sources of Man-made staple fibers exports are Vietnam, Afghanistan, Africa not specified elsewhere, Albania, and Algeria.
5. Organic chemicals
For Organic chemicals products in the product category with HS code 29. From this country, Indonesia exported US$7.55 million worth. Indonesia's export destination for marketing this product is one country. Exports of Organic chemicals to Israel are recorded as the largest. Other countries in the top five export destinations are the United States, China, Germany, Belgium, and India.
"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."