Indonesia recorded exports to Barbados totaling US$4.34 million as of December 2022. This figure represents a 42.26% increase compared to the previous year's exports, which were recorded at US$3.05 million.
Indonesia's trade record with Barbados shows an upward trend in exports over the past 10 years. The lowest export value was US$2.51 million, while the highest reached US$5.56 million.
Of the 97 products (two-digit HS codes) exported to Barbados, 37 products were worth more than one million dollars. Most of the exported products (23 products) are also exported to other countries.
The following is a list of the five main products exported by Indonesia to Barbados, ordered from highest to lowest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia exported a significant amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. In the tradmap classification, these fall under HS code 87. In 2022, Indonesia exported US$2,711,000 worth of these products. This represents an increase compared to the previous period, which recorded US$1,109,000.
2. Animal, vegetable or microbial fats and oils and their fractions
Indonesia's second-largest export to Barbados was Animal, vegetable or microbial fats and oils and their fractions. The export value in 2022 was US$543,000, lower than the previous period's US$1,055,000.
3. Fish and crustaceans, molluscs and other aquatic invertebrates
Fish and crustaceans, molluscs and other aquatic invertebrates fall under HS code 03. Indonesia exported US$293,000 worth of these products. Exports of Fish and crustaceans, molluscs and other aquatic invertebrates to Barbados ranked 67th. Besides Barbados, the largest exports of this product went to the United States, China, Japan, Vietnam, and Malaysia. Indonesia also exported this product to 106 countries.
4. Furniture
Indonesia also exported a significant amount of Furniture to Barbados. The export value in 2022 was US$168,000, lower than the previous period's US$248,000. Exports of Furniture to Barbados ranked 101st. Besides Barbados, the largest exports of Furniture went to the United States, Japan, the Netherlands, Germany, and Belgium. Indonesia also exported this product to 153 countries.
5. Wood and articles of wood
Another exported product was Wood and articles of wood, valued at US$137,000. This was lower than the previous period's US$162,000. Exports of Wood and articles of wood to Barbados ranked 97th. Besides Barbados, the largest exports of Wood and articles of wood went to Japan, the United States, the Republic of Korea, China, and the United Kingdom. Indonesia also exported this product to 153 countries.