Indonesia Is the Largest Exporter of Animal Fats and Oils to Angola

Indonesia recorded exports to Angola totaling US$ 320,660 thousand as of December 2022. This figure represents an 88.19% increase compared to the previous year's exports, which were recorded at US$ 170,393 thousand.

Indonesia's trade record with Angola shows an upward trend in exports over the past 10 years. 2022 marked a historic high with the highest export value ever recorded.

Of the 97 products (two-digit HS codes) exported to Angola, 37 products were worth more than one billion dollars. Furthermore, according to Trademap data, there is one main Indonesian product exported to Angola every year. This indicates a significant dependence on these export products. The majority of the remaining products are also exported to other countries, totaling 38 products.

The following is a list of the five main products exported by Indonesia to Angola. This list is ordered from highest to lowest transaction value.

1. Animal, vegetable or microbial fats and oils and their fractions

Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions is a group of export goods categorized together with Prepared edible fats and oils. Exports of this product to Angola ranked first. Indonesia exported US$ 206,033 thousand worth of this product to Angola. The export value of Animal, vegetable or microbial fats and oils and their fractions; Prepared edible fats and oils increased compared to the previous period, which was recorded at US$ 1,047 thousand.

2. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.

Soap, organic surface-active agents, washing preparations, lubricating preparations, etc., in the Trademap classification falls under HS code 34. Indonesia exported US$ 58,592 thousand worth of this product to Angola.

3. Articles of iron or steel

Indonesia also exports a significant amount of Articles of iron or steel to Angola. The export value of this product was US$ 24,120 thousand. This figure represents an increase compared to the previous period, which was recorded at US$ 5,748 thousand. Exports of Articles of iron or steel to Angola are ranked 15th. Besides Angola, the largest exports of Articles of iron or steel are to Singapore, Taipei, China, the United States, Japan, and Qatar. Indonesia also exports this product to 125 countries.

4. Electrical machinery and equipment and parts thereof

Next, Indonesia also exported US$ 8,415 thousand worth of Electrical machinery and equipment and parts thereof to Angola. The export value of this product increased compared to the previous period, which was recorded at US$ 2,105 thousand. Indonesia exports this product to 164 countries. Exports of Electrical machinery and equipment and parts thereof to Angola are ranked 53rd. Five other major export destinations for Electrical machinery and equipment and parts thereof are Singapore, the United States, Japan, the Republic of Korea, and Hong Kong, China.

5. Paper and paperboard

Another export product is Paper and paperboard, valued at US$ 7,950 thousand. The export value of this product increased compared to the previous period, which was recorded at US$ 4,616 thousand. Trademap data shows that Indonesia exports Paper and paperboard to 155 countries. Exports of Paper and paperboard to Angola are ranked 63rd. Five other major export destinations for Paper and paperboard are China, Japan, the United States, Malaysia, and Vietnam.