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Indonesia recorded US$8.11 million in exports to Zambia as of December 2023. This figure represents a 138.29% increase compared to the previous year's exports of US$3.4 million.
Indonesia's trade record with Zambia shows an upward trend in exports over the past 10 years. 2023 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Zambia, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 11 main Indonesian products exported to Zambia annually. In other words, these products are the mainstay of Indonesian exports to Zambia. 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 Zambia, ordered from highest to lowest transaction value:
1. Nuclear reactors, boilers, machinery and mechanical appliances
Falling under HS code 84, Nuclear reactors, boilers, machinery and mechanical appliances are a group of export goods categorized together with Parts. Exports of this product to Zambia ranked first, with Indonesia exporting US$4.86 million. The export value of Nuclear reactors, boilers, machinery and mechanical appliances; Parts increased compared to the previous period, which recorded US$576,000.
2. Electrical machinery and equipment and parts
Falling under HS code 85, Electrical machinery and equipment and parts are a group of export goods categorized together with Sound recorders and reproducers, television. Indonesia exported US$1.34 million to Zambia.
3. Pharmaceutical products
Indonesia exported these products to only one country. Exports of Pharmaceutical products to Zambia were the largest. In 2023, Indonesia recorded exports totaling US$1.19 million. Five other countries that were sources of Pharmaceutical product exports are the United States, Germany, Belgium, Switzerland, and China.
4. Animal, vegetable or microbial fats and oils and their fractions
Indonesia also recorded significant exports of Animal, vegetable or microbial fats and oils and their fractions to Zambia. The export value of this product in 2023 was US$0.36 million. This is an increase compared to the previous period, which recorded US$20,000. Indonesia exported this product to only one country. Exports of Animal, vegetable or microbial fats and oils and their fractions to Zambia were the largest. Five other countries that were sources of Animal, vegetable or microbial fats and oils and their fractions exports are Ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles) and Slovakia.
5. Organic chemicals
Indonesia also exported a significant amount of Organic chemicals to Zambia. The export value of this product was US$0.12 million. This is lower than the previous period, which reached US$258,000. Indonesia exported this product to only one country. Exports of Organic chemicals to Zambia were the largest. Five other countries that were sources of Organic chemicals exports 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."