Indonesia's Rubber Exports to Romania Drop to US$52.02 Million
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Indonesia recorded exports to Romania totaling US$135.79 million as of December 2023. This figure represents an 11.84% increase compared to the previous year's exports, which were recorded at US$121.41 million.
Indonesia's trade record with Romania 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 Romania, 45 products were worth more than one billion dollars. Furthermore, according to Trademap data, 59 major Indonesian products are exported to Romania annually. In other words, these products are Indonesia's main export staples to Romania. The remaining products are largely those also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Romania, ordered from highest to lowest transaction value.
- Rubber
- Machinery, electrical equipment and parts
- Animal, vegetable or microbial fats and oils and their cleavage products
- Mineral fuels, mineral oils and products of their distillation
- Paper and Paperboard
In the Trademap classification, rubber falls under HS code 40. Exports of this product to Romania rank first. Indonesia exported US$52.02 million worth of rubber to Romania. This export value is lower than the previous period, which reached US$64,125,000.
Falling under HS code 85, machinery, electrical equipment and parts are grouped together with sound recorders and reproducers, and televisions. Indonesia exported US$23.58 million worth of these products to Romania.
Next, Indonesia also exported US$17.92 million worth of animal, vegetable or microbial fats and oils and their cleavage products to Romania. The export value of this product increased compared to the previous period, which was recorded at US$3,453,000. Besides Romania, Indonesia also relies on exports of animal, vegetable or microbial fats and oils and their cleavage products to ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles) and Slovakia. In addition to these main countries, Indonesia is recorded as exporting this product to 4 other countries.
Indonesia's export destination for this product is one country. Exports of mineral fuels, mineral oils and products of their distillation to this country are the largest. In 2023, Indonesia recorded exports totaling US$13.38 million. Five other countries that are sources of exports of mineral fuels, mineral oils and products of their distillation are China, the United States, India, Japan and the Republic of Korea.
Another exported product is paper and paperboard, totaling US$7.24 million. The export value of this product is lower than the previous period, which reached US$12,233,000. Indonesia's export destination for this product is one country. Exports of paper and paperboard to Romania are recorded as the largest. Five other countries that are sources of paper and paperboard exports are the United States, Germany, France, the United Kingdom and Italy.
"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."
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