Indonesia recorded exports to the British Virgin Islands totaling US$1.14 million as of December 2020. This represents a 45.68% decrease compared to the previous year's exports, which were recorded at US$2.1 million.
Indonesia's trade record with the British Virgin Islands shows a significant decrease in exports over the past 10 years. The lowest export value was US$0.45 million, while the highest reached US$23.35 million.
Of the 97 products (two-digit HS codes) exported to the British Virgin Islands, 0.03 thousand products were worth more than one billion dollars. Most of the exported products (0.02 thousand) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to the British Virgin Islands, ordered by value from highest to lowest:
1. Furniture
Indonesia exported a significant amount of furniture. In the Trademap classification, furniture falls under HS code 94. This product category includes beds, mattresses, bed bases, pillows, and similar stuffed furniture. In 2020, Indonesia exported US$904,000 worth of these products. This represents an increase compared to the previous period, which recorded US$425,000.
2. Wood and wood products
Falling under HS code 44, wood and wood products are categorized together with charcoal. Indonesia exported US$73,000 worth of these products to the British Virgin Islands.
3. Plastics and articles thereof
Indonesia also exported a significant amount of plastics and articles thereof to the British Virgin Islands, totaling US$39,000. This is an increase compared to the previous period, which recorded US$25,000. Trademap data shows that Indonesia exports plastics and articles thereof to 157 countries. Exports to the British Virgin Islands rank 130th. Other top five export destinations include China, Japan, the United States, Vietnam, and Malaysia.
4. Straw manufactures, of esparto or other plaiting materials
Exports of straw manufactures, of esparto or other plaiting materials, amounted to US$33,000. This represents an increase compared to the previous period, which recorded US$30,000. Trademap data shows that Indonesia exports these products to 111 countries. Exports to the British Virgin Islands rank 56th. Other top five export destinations include the United States, the Netherlands, Germany, the United Kingdom, and Spain.
5. Other made-up textile articles
Indonesia exports these products to 124 countries. Exports to the British Virgin Islands rank 78th. In 2020, Indonesia recorded exports totaling US$17,000. Besides the British Virgin Islands, the largest exports of other made-up textile articles were to Japan, Singapore, the United States, China, and Hong Kong, China.