Indonesia's Soap Exports to Turkmenistan Drop to US$1.87 Million
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Indonesia recorded exports to Turkmenistan totaling US$4.07 million as of December 2023. This figure represents a 1.65% increase compared to the previous year's exports, which were recorded at US$4 million.
Indonesia's trade record with Turkmenistan shows a significant decrease in exports over the past 10 years. The lowest export value was US$1.54 million, while the highest reached US$7.46 million.
Of the 97 products (two-digit HS codes) exported to Turkmenistan, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, eight main Indonesian products are exported to this country annually. In other words, these products are the mainstay of Indonesian exports to Turkmenistan. 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 Turkmenistan. This list is ordered from highest to lowest transaction value.
- Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured
- Animal, vegetable or microbial fats and oils and their fractions
- Essential oils and resinoids
- Man-made filaments
- Other manufactured articles
In first place, Indonesia exported a significant amount of Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured. In the Trademap classification, Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured falls under the HS code 34. In 2023, Indonesia recorded exports of US$1.87 million. This export value is lower than the previous period, which reached US$2,207,000.
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions are a group of export goods categorized together with prepared edible fats and. Indonesia exported US$1.21 million to this country.
Falling under HS code 33, Essential oils and resinoids are a group of export goods categorized together with perfumery, cosmetic or toilet preparations. Indonesia exported US$0.83 million. Currently, the largest export of Essential oils and resinoids is to Turkmenistan. Besides this country, the five largest export destinations for Indonesian Essential oils and resinoids are the United States, China, Germany, France, and the United Kingdom.
Indonesia's export destination for this product is a single country. Exports of Man-made filaments to this country are the largest. In 2023, Indonesia recorded exports of US$55,000. The five other countries that are export destinations for Man-made filaments are Vietnam, Türkiye, China, the United States, and India.
For other products, Indonesia also exported US$46,000 worth of Other manufactured articles to Turkmenistan. The export value of this product increased compared to the previous period, which was recorded at US$25,000. Exports of Other manufactured articles to Turkmenistan are recorded as the largest. The five other countries that are export destinations for Other manufactured articles are the United States, Germany, France, the United Kingdom, and Canada.
"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."