Indonesia was the largest exporter of animal fats and oils to Iraq in 2023.
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Indonesia recorded exports to Iraq of US$292.94 million as of December 2023. This figure shows a 15.9% decrease compared to the previous year's exports, which were recorded at US$348.33 million.
Indonesia's trade record with Iraq shows an upward trend in exports over the past 10 years. Indonesia's lowest export value was US$72.29 million, and the highest was US$348.33 million.
Of the 97 products (two-digit HS codes) exported to Iraq, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 53 main Indonesian products exported to this country annually. In other words, these products are Indonesia's mainstay exports to Iraq. The rest are mostly products also widely exported to other countries.
The following is a list of the top five main products exported by Indonesia to Iraq. This list is arranged from the largest transaction value.
1. Animal, vegetable or microbial fats and oils and their cleavage products
In the first place, Indonesia exported a large quantity of Animal, vegetable or microbial fats and oils and their cleavage products. In the Trademap classification, Animal, vegetable or microbial fats and oils and their cleavage products fall under the HS code 15. This product type is grouped together with Prepared edible fats. In 2023, Indonesia recorded exports worth US$66.46 million. The export value of Animal, vegetable or microbial fats and oils and their cleavage products; Prepared edible fats; was lower than the previous period, which reached US$119.6 million.
2. Wood and wood articles
Falling under HS code 44, Wood and wood articles are a group of export goods categorized together with wood charcoal. Indonesia exported US$60.6 million worth of these products to Iraq.
3. Mineral fuels, mineral oils and products of their distillation
Exports of Mineral fuels, mineral oils and products of their distillation to Iraq were the largest. In 2023, Indonesia recorded exports of US$59.66 million. Other countries in the top five export destinations are China, the United States, India, Japan, and the Republic of Korea.
4. Paper and Paperboard
Indonesia also exported US$26.73 million worth of Paper and Paperboard to Iraq. The export value of this product increased compared to the previous period, which was recorded at US$24,007 thousand. Trademap data shows Indonesia's trading activity exporting Paper and Paperboard to 4 countries. Exports of Paper and Paperboard to Iraq were the largest. Other countries in the top five export destinations are the United States, Germany, France, the United Kingdom, and Italy.
5. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial
Another exported product was Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial, amounting to US$19.52 million. The export value of this product increased compared to the previous period, which was recorded at US$15,459 thousand. Indonesia recorded exports of this product to one country. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Iraq were the largest. Other countries in the top five export destinations are Germany, the United States, China, France, and the United Kingdom.
"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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