Indonesia Exported US$364,435,000 Worth of Cultured and Natural Pearls to the United Arab Emirates

Indonesia recorded exports to the United Arab Emirates (UAE) worth US$2.3 billion as of December 2022. This figure represents a 21.44% increase compared to the previous year's exports, which totaled US$1.89 billion.

Indonesia's trade record with the UAE shows a significant fluctuation in exports over the past 10 years. The lowest export value reached US$1.24 billion, while the highest reached US$2.5 billion.

Of the 97 products (two-digit HS codes) exported to the UAE, 55 products were worth more than one billion dollars. Furthermore, according to Trademap data, there is one main Indonesian product exported to the UAE annually. This indicates a significant dependence on these export products. The majority of the remaining products (85) are also exported to other countries.

The following is a list of the top five Indonesian products exported to the UAE, ordered by value from highest to lowest:

1. Natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals…

In the Trademap classification, this product falls under HS code 71. Indonesia's exports of this product to the UAE ranked first, with a value of US$364,435 thousand. This represents an increase compared to the previous period, which recorded US$281,252 thousand.

2. Animal, vegetable or microbial fats and oils and their cleavage products

This product ranked second in terms of export value from Indonesia to the UAE in 2022, totaling US$292,746 thousand. This figure is lower than the previous period's US$295,434 thousand.

3. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

Indonesia exported this product to 167 countries. Exports of this product to the UAE ranked ninth. In 2022, Indonesia recorded exports worth US$282,096 thousand. Other top five export destinations for this product include the Philippines, Vietnam, Thailand, Saudi Arabia, and Japan.

4. Electrical machinery and equipment and parts thereof

Indonesia exported this product to 164 countries. Exports to the UAE ranked twelfth. In 2022, Indonesia recorded exports worth US$251,946 thousand. Other major export destinations include Singapore, the United States, Japan, South Korea, and Hong Kong, China.

5. Paper and Paperboard

This product, under HS code 48, is categorized with pulp, paper and paperboard articles. Indonesia exported US$172,473 thousand worth of this product, an increase compared to the previous period's US$98,599 thousand. Indonesia exports this product to 160 countries. Exports to the UAE ranked tenth. Other top five export destinations include China, Japan, the United States, Malaysia, and Vietnam.