Indonesian vehicle exports (excluding railway or tram rolling stock) to Palau dropped to US$111,000.

Indonesia recorded US$434,000 in exports to Palau as of December 2022. This figure represents a 33.02% decrease compared to the previous year's exports of US$648,000.

Indonesia's trade record with Palau shows an upward trend in exports over the past 10 years. The lowest export value was US$139,000, while the highest reached US$648,000.

Of the 97 products (two-digit HS codes) exported to Palau, 37 were worth more than one billion dollars. Most of the exported products (19) are also exported to many other countries.

The following is a list of the top five products exported by Indonesia to Palau, ordered from highest to lowest transaction value.

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

Indonesia exported a significant amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. In the tradmap classification, this falls under HS code 87. In 2022, Indonesia exported US$111,000 worth of these products, lower than the previous period's US$519,000.

2. Furniture

Falling under HS code 94, Furniture is categorized with beds, mattresses, mattress supports, cushions and similar stuffed furniture. Indonesia exported US$73,000 worth of furniture to Palau.

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

Indonesia exported this product to 168 countries. Exports of Animal, vegetable or microbial fats and oils and their cleavage products to Palau ranked 154th. In 2022, Indonesia exported US$61,000. Other top five export destinations include China, India, Pakistan, the United States, and Malaysia.

4. Beverages, spirits and vinegar

Ranked fourth is Beverages, spirits and vinegar (HS code 22). Indonesia exported US$39,000, an increase from the previous period's US$26,000. Indonesia exported this product to 70 countries, with Palau ranked 42nd. The other top five export destinations for Beverages, spirits and vinegar are the Philippines, Timor-Leste, Singapore, Vietnam, and Nigeria.

5. Paper and Paperboard

Indonesia exported this product to 160 countries, with Palau ranked 146th. In 2022, Indonesia exported US$27,000 worth of Paper and Paperboard. Other major export destinations include China, Japan, the United States, Malaysia, and Vietnam.