Indonesia recorded exports to Namibia totaling US$5.09 million as of December 2022. This figure represents a 380.28% increase compared to the previous year's exports, which amounted to US$1.06 million.
Indonesia's trade record with Namibia shows an upward trend in exports over the past 10 years. 2022 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Namibia, 37 products were worth more than one million dollars. Most of the exported products (22 products) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Namibia, ordered from highest to lowest transaction value.
1. Nuclear reactors, boilers, machinery and mechanical appliances.
Indonesia exported a significant quantity of Nuclear reactors, boilers, machinery and mechanical appliances. In the tradmap classification, Nuclear reactors, boilers, machinery and mechanical appliances fall under HS code 84. This product category is grouped together with its parts and components. In 2022, Indonesia exported US$2,315,000. No exports were recorded to this country in the previous year.
2. Animal, vegetable or microbial fats and oils and their fractions.
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions are grouped together with prepared edible fats and oils. Indonesia exported US$602,000.
3. Fish and crustaceans, molluscs and other aquatic invertebrates.
Indonesia also exported a significant amount of Fish and crustaceans, molluscs and other aquatic invertebrates to Namibia. The export value was recorded at US$575,000, an increase compared to the previous period's US$425,000. Exports of Fish and crustaceans, molluscs and other aquatic invertebrates to Namibia ranked 52nd. Five other countries that are major exporters of Fish and crustaceans, molluscs and other aquatic invertebrates are the United States, China, Japan, Vietnam, and Malaysia.
4. Plastics and articles thereof.
Indonesia also exported a significant amount of Plastics and articles thereof to Namibia, valued at US$532,000. No exports were recorded to this country in the previous year. Exports of Plastics and articles thereof to Namibia ranked 86th. Besides Namibia, the largest exports of Plastics and articles thereof were destined for Japan, China, Vietnam, Malaysia, and Singapore. Indonesia also exported this product to 163 countries.
5. Articles of iron or steel.
Another product is Articles of iron or steel with HS code 73. Indonesia exported US$308,000, an increase compared to the previous period's US$1,000. Exports of Articles of iron or steel to Namibia ranked 66th. Besides Namibia, the largest exports of Articles of iron or steel were destined for Singapore, Taipei, China, the United States, Japan, and Qatar. Indonesia also exported this product to 125 countries.