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Indonesia recorded exports to Cuba of US$8.2 million as of December 2023 data. This value rose 173.91% compared to the previous year's exports, which were recorded at US$2.99 million.
Indonesia's trade track record with Cuba shows that exports have been on an upward trend over the past 10 years. Indonesia's lowest export value was US$2.75 million, and the highest export value reached US$13.26 million.
(Read: Central Java Province Exports 1.28 Million Tons of Raw, Synthetic and Reclaimed Rubber)
Of the 97 products (two-digit HS code) exported to Cuba, 35 products were worth over one billion dollars. Additionally, according to Trademap data, there are nine main Indonesian products exported to this country every year. In other words, these products are Indonesia's flagship exports to Cuba. Furthermore, most of these products are also widely exported to other countries.
Here is a list of the top five products exported from Indonesia to Cuba. This order is arranged starting from the transactions with the largest value.
- Soaps, organic surface-active agents, washing preparations, lubricating preparations, manufactured
- Animal, vegetable or microbial fats and oils and their cleavage products
- Electrical machinery and equipment and parts thereof
- Glass and glassware
- Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or
Soaps, organic surface-active agents, washing preparations, lubricating preparations, manufactured fall under HS code 34 in Trademap's product classification. Exports of this product to Cuba rank first. Indonesia exported a total of US$6.93 million. The export value of Soaps, organic surface-active agents, washing preparations, lubricating preparations, manufactured increased compared to the previous period, which was recorded at US$2,728 thousand.
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their cleavage products are a group of export goods categorized together with edible processed fats. Indonesia exported US$0.43 million worth of these products to this country.
Falling under HS code 85, Electrical machinery and equipment and parts thereof are a group of export goods categorized together with sound recorders and reproducers, television. Indonesia exported a total of US$0.29 million, marking an increase as Indonesia had no reported exports to this country in the previous year. Exports of Electrical machinery and equipment and parts thereof to Cuba are the largest. Other countries in the top five export destinations are China, the United States, Hong Kong, Germany and Singapore.
(Read: Indonesia's Exports of Animal and Vegetable Fats and Oils to Ukraine Drop to US$3.17 Million)
Indonesia also exports a significant amount of Glass and glassware to Cuba. The export value of this product is US$0.23 million. Indonesia had no recorded exports of this product to this country in the previous year. Trademap data shows that Indonesia trades Glass and glassware with 4 countries. Exports of Glass and glassware to this country are the largest. Other countries in the top five export destinations are the United States, China, Germany, France and Italy.
Exports of Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates, or to this country are the largest. In 2023, Indonesia recorded exports of US$0.22 million. Other countries in the top five export destinations are the United States, Japan, the United Kingdom, Germany 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."