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Indonesia recorded exports to Israel totaling US$165.77 million as of December 2023. This represents a 10.66% decrease compared to the previous year's exports of US$185.56 million.
Indonesia's trade record with Israel shows an upward trend in exports over the past 10 years. The lowest export value was US$103.16 million, while the highest reached US$185.56 million.
Of the 97 products (two-digit HS codes) exported to Israel, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, 62 main Indonesian products are exported to Israel annually. In other words, these products are Indonesia's mainstay exports to Israel. The remaining products are largely also exported to other countries.
The following is a list of the top five products exported by Indonesia to Israel, ordered from highest to lowest transaction value.
- Animal, vegetable or microbial fats and oils and their fractions
- Footwear, gaiters and the like
- Machinery and electrical equipment and parts
- Man-made staple fibers
- Organic chemicals
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions are a product group categorized together with prepared edible fats. Exports of this product to Israel rank first, with Indonesia exporting US$44.12 million. The export value of Animal, vegetable or microbial fats and oils and their fractions; Prepared edible fats is lower than the previous period, which reached US$61,750 thousand.
Falling under HS code 64, Footwear, gaiters and the like are a product group categorized together with parts of such articles. Indonesia exported US$17.27 million to this country.
Exports of Machinery and electrical equipment and parts to Israel are currently the largest. Indonesia exported US$17.15 million to this destination. Other major export destinations for Machinery and electrical equipment and parts include China, the United States, Hong Kong, China, Germany, and Singapore.
Exports of Man-made staple fibers to Israel are currently the largest. Indonesia exported US$11.19 million to this destination. Other major export destinations for Man-made staple fibers include Vietnam, Afghanistan, Africa not specified elsewhere, Albania, and Algeria.
Indonesia also exported US$7.55 million worth of Organic chemicals to Israel. The export value of this product is lower than the previous period, which reached US$9,244 thousand. Israel remains the largest export destination for Organic chemicals. Besides Israel, the five largest export destinations for Indonesian Organic chemicals are the United States, China, Germany, Belgium, and India.
"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."