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Indonesia recorded exports to Mozambique totaling US$115.47 million as of December 2023. This figure represents a 14.98% decrease compared to the previous year's exports, which reached US$135.82 million.
Indonesia's trade record with Mozambique shows an upward trend in exports over the past 10 years. The lowest export value was US$35.11 million, while the highest reached US$135.82 million.
Of the 97 products (two-digit HS codes) exported to Mozambique, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 35 main Indonesian products exported to this country annually. In other words, these products are Indonesia's mainstay exports to Mozambique. Most other products are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Mozambique, ordered from highest to lowest transaction value:
1. 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 with Prepared edible fats. Exports of this product to Mozambique ranked first, with Indonesia exporting US$69.06 million. This represents an increase compared to the previous period, which recorded US$41,314 thousand.
2. Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s.
Second, Indonesia's largest export was Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. The export value to Mozambique in 2023 was recorded at US$21.27 million. This figure is up from the previous period's US$17,860 thousand.
3. Other chemical products
Exports of Other chemical products to Mozambique are currently the largest. Indonesia exported US$10.25 million to this country. Other major export destinations for Other chemical products include the United States, China, Germany, the Netherlands, and France.
4. Paper and Paperboard
Another exported product is Paper and Paperboard, valued at US$6.59 million. Exports of this product increased compared to the previous period, which recorded US$6,234 thousand. Currently, the largest export of Paper and Paperboard is still to Mozambique. Besides this country, the five largest export destinations for Indonesian Paper and Paperboard are the United States, Germany, France, the United Kingdom, and Italy.
5. Organic chemicals
Indonesia also exports a significant amount of Organic chemicals to Mozambique. The export value of this product was recorded at US$2.14 million. This is lower than the previous period, which reached US$3,638 thousand. Besides Mozambique, Indonesia also relies on exports of Organic chemicals to the United States, China, Germany, Belgium, and India. In addition to these main countries, Indonesia also exported this product to four other countries.
"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."