Indonesia exported US$818.42 million worth of vehicles (excluding railway rolling stock) to Saudi Arabia in 2023.
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Indonesia recorded exports to Saudi Arabia worth US$2.08 billion as of December 2023. This value increased by 2.96% compared to the previous year's exports, which were recorded at US$2.02 billion.
Indonesia's trade record with Saudi Arabia shows an upward trend in exports over the past 10 years. The lowest Indonesian export value was US$1.22 billion, while the highest reached US$2.16 billion.
Of the 97 products (two-digit HS codes) exported to Saudi Arabia, 51 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 77 main Indonesian products exported annually to this country. In other words, these products are Indonesia's main exports to Saudi Arabia. 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 Saudi Arabia. This list is ordered from the highest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories
Vehicles other than railway or tramway rolling-stock, and parts and accessories, under the Trademap classification, fall under HS code 87. Exports of this product to Saudi Arabia rank first. Indonesia exported US$818.42 million worth of these products to Saudi Arabia. The export value increased compared to the previous period, which was recorded at US$806.56 million.
2. Animal, vegetable or microbial fats and oils and their fractions
In second place, Indonesia's largest export is Animal, vegetable or microbial fats and oils and their fractions. Exports to Saudi Arabia in 2023 were recorded at US$351.69 million. This figure increased compared to the previous period, which was recorded at US$294.14 million.
3. Wood and articles of wood
Saudi Arabia is the largest export destination for this product. In 2023, Indonesia recorded exports worth US$156.12 million. Other countries in the top five export destinations are the United States, China, Japan, Germany, and the United Kingdom.
4. Edible preparations
Exports of Edible preparations to Saudi Arabia are currently the largest. Indonesia exported US$131.5 million worth of these products to Saudi Arabia. Other major export destinations for Edible preparations include the United States, China, Germany, the United Kingdom, and France.
5. Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates;
Exports of Preparations of meat, fish, crustaceans, molluscs or other aquatic invertebrates to Saudi Arabia are currently the largest. Indonesia exported US$100.11 million worth of these products to Saudi Arabia. Other major export destinations for these products include the United States, Japan, the United Kingdom, Germany, and France.
"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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