Indonesia recorded exports to Kiribati of US$3.02 million as of December 2022. This figure represents a 32.76% decrease compared to the previous year's exports, which were recorded at US$4.49 million.
Indonesia's trade record with Kiribati shows an upward trend in exports over the past 10 years. The lowest Indonesian export value was US$1.73 million, while the highest was US$4.49 million.
Of the 97 products (two-digit HS codes) exported to Kiribati, 37 products were worth more than one million dollars. Most of the export products to Kiribati are also exported to other countries, totaling 28 products.
The following is a list of the top five products exported by Indonesia to Kiribati, 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 Kiribati ranked first, with Indonesia exporting US$709,000. The export value of Animal, vegetable or microbial fats and oils and their cleavage products; Prepared edible fats increased compared to the previous period, which recorded US$707,000.
2. Essential oils and resinoids
Falling under HS code 33, Essential oils and resinoids are grouped with perfumery, cosmetic or toilet preparations. Indonesia exported US$668,000 worth of this product.
3. Preparations of cereals, flour, starch or milk
Indonesia exported a significant amount of Preparations of cereals, flour, starch or milk to Kiribati, with a recorded export value of US$540,000. This is lower than the previous period, which reached US$755,000. Besides Kiribati, Indonesia also relies on exports of Preparations of cereals, flour, starch or milk to China, Malaysia, the Philippines, Vietnam, and Thailand. In addition to these main countries, Indonesia exported this product to 129 other countries.
4. Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s.
Indonesia also exported US$405,000 worth of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to Kiribati. This export value is lower than the previous period, which reached US$869,000. Trademap data shows Indonesia's trading activity exporting Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to 157 countries. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to Kiribati ranked 106th. Other countries in the top five export destinations are China, India, Malaysia, the Philippines, and Thailand.
5. Articles of apparel and clothing accessories, knitted or crocheted
Indonesia exported this product to 159 countries. Exports of Articles of apparel and clothing accessories, knitted or crocheted to Kiribati ranked 89th. In 2022, Indonesia recorded exports worth US$207,000. Other countries in the top five export destinations are the United States, Japan, Germany, the Republic of Korea, and Canada.