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Indonesia recorded US$43.77 million in exports to Fiji as of December 2023. This figure represents an 8.11% increase compared to the previous year's exports, which totaled US$40.48 million.
Indonesia's trade record with Fiji shows an upward trend in exports over the past 10 years. 2023 marks a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Fiji, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, 60 main Indonesian products are exported to Fiji annually. In other words, these products are Indonesia's mainstay exports to Fiji. Many of the other products are also exported to numerous other countries.
Below is a list of the top five Indonesian products exported to Fiji, ordered from highest to lowest transaction value:
1. Mineral fuels, mineral oils and products of their distillation
Falling under HS code 27, mineral fuels, mineral oils and products of their distillation are a group of export goods categorized together with bituminous substances and mineral waxes. Exports of this product to Fiji ranked first, with Indonesia exporting US$6.47 million. No exports to Fiji were recorded the previous year.
2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, with HS code 87. Indonesia exported US$4.66 million.
3. Salt
Salt exports to Fiji were the largest. In 2023, Indonesia recorded exports totaling US$3.9 million. Other countries in the top five export destinations include China, the United States, India, Germany, and the Democratic Republic of Congo.
4. Tobacco and manufactured substitutes for tobacco
Indonesia also recorded significant exports of tobacco and manufactured substitutes for tobacco to Fiji. The value of these exports in 2023 was US$3.32 million, an increase compared to the previous period's US$3,168,000. Besides Fiji, Indonesia also relies on exports of tobacco and manufactured substitutes for tobacco to Germany, Japan, the United States, Italy, and China. In addition to these main countries, Indonesia exported this product to four other countries.
5. Paper and paperboard
Indonesia exported this product to one country. Exports of paper and paperboard to Fiji were the largest. In 2023, Indonesia recorded exports of US$3.3 million. Other countries in the top five export destinations include 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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