Indonesia recorded exports to the Russian Federation totaling US$1.39 billion as of December 2022. This figure represents a 7.13% decrease compared to the previous year's exports of US$1.49 billion.
Indonesia's trade record with the Russian Federation shows an upward trend in exports over the past 10 years. The lowest export value was US$864,081 thousand, while the highest reached US$1.49 billion.
Of the 97 products (two-digit HS codes) exported to the Russian Federation, 51 products were valued at over one billion dollars. Most of the exported products (72 products) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to the Russian Federation, ordered by value from highest to lowest.
1. Animal, vegetable or microbial fats and oils and their fractions
Indonesia exported a significant amount of Animal, vegetable or microbial fats and oils and their fractions. In the Trademap classification, this falls under HS code 15. This export category is grouped together with Prepared edible fats and...
In 2022, Indonesia exported US$947,131 thousand. The export value of Animal, vegetable or microbial fats and oils and their fractions; Prepared edible fats and... increased compared to the previous period's US$833,611 thousand.
2. Nuclear reactors, boilers, machinery and mechanical appliances
Indonesia's second largest export to the Russian Federation was Nuclear reactors, boilers, machinery and mechanical appliances. The export value in 2022 was US$80,237 thousand, an increase compared to the previous period's US$36,485 thousand.
3. Coffee, tea, maté and spices
Coffee, tea, maté and spices (HS code 09). Indonesia exported US$57,878 thousand, an increase compared to the previous period's US$29,620 thousand. Indonesia exported this product to 116 countries. Exports of Coffee, tea, maté and spices to the Russian Federation ranked tenth. The top five other export destinations for this product are the United States, China, India, Germany, and Japan.
4. Rubber and articles thereof
Indonesia exported a significant amount of Rubber and articles thereof to the Russian Federation. The export value was US$47,414 thousand, lower than the previous period's US$99,393 thousand. Exports of Rubber and articles thereof to the Russian Federation ranked 23rd. Besides the Russian Federation, the largest exports of Rubber and articles thereof were to the United States, Japan, China, India, and the Republic of Korea. Indonesia exported this product to 141 countries.
5. Electrical machinery and equipment and parts thereof
Indonesia also exported US$27,755 thousand of Electrical machinery and equipment and parts thereof to the Russian Federation. This export value was lower than the previous period's US$89,376 thousand. Trademap data shows Indonesia's trade activity exporting Electrical machinery and equipment and parts thereof to 159 countries. Exports of Electrical machinery and equipment and parts thereof to the Russian Federation ranked 35th. Other top five export destinations include Singapore, the United States, Japan, the Republic of Korea, and Hong Kong, China.