Indonesia exported US$0.59 million worth of furniture to the Turks and Caicos Islands in 2023.
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Indonesia recorded exports to the Turks and Caicos Islands valued at US$1.04 million as of December 2023. This figure represents a 12.73% increase compared to the previous year's exports, which were recorded at US$0.92 million.
Indonesia's trade record with the Turks and Caicos Islands shows an upward trend in exports over the past 10 years. 2023 marks a historical record with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to the Turks and Caicos Islands, 35 products were worth more than one million dollars. Furthermore, according to Trademap data, there are 13 main Indonesian products exported to this country annually. In other words, these products are the mainstay of Indonesian exports to the Turks and Caicos Islands. 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 the Turks and Caicos Islands. This list is ordered from highest to lowest transaction value.
1. Furniture
Indonesia exports a significant amount of furniture. In the Trademap classification, furniture falls under HS code 94. This product category is grouped together with bedding, mattresses, mattress supports, pillows, and similar stuffed furniture.
In 2023, Indonesia exported US$0.59 million worth of furniture; bedding, mattresses, mattress supports, pillows, and similar stuffed furniture; This is 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 a product group categorized together with charcoal. Indonesia exported US$0.31 million worth of these products.
3. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Another exported product is vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, totaling US$59,000. Exports of this product increased compared to the previous period, which recorded US$45,000. Besides the Turks and Caicos Islands, Indonesia also relies on exports of vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to the United States, Germany, Canada, the United Kingdom, and France. In addition to these main countries, Indonesia also exported this product to four other countries.
4. Articles of apparel and clothing accessories, knitted or crocheted
Exports of articles of apparel and clothing accessories, knitted or crocheted to the Turks and Caicos Islands are currently the largest. For this destination, Indonesia exported US$26,000 worth of these products. Other countries that are major export destinations for articles of apparel and clothing accessories, knitted or crocheted, are the United States, Germany, France, Japan, and Spain.
5. Stone, plaster, cement, asbestos, mica and similar materials
Indonesia also exports a significant amount of stone, plaster, cement, asbestos, mica and similar materials to the Turks and Caicos Islands. The value of these exports was US$23,000. This is lower than the previous period, which reached US$36,000. Exports of stone, plaster, cement, asbestos, mica and similar materials are currently largest to the Turks and Caicos Islands. Besides this country, the five largest export destinations for these products from Indonesia 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."