Indonesia's animal fat and oil exports to Ukraine fall to US$3.17 million
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Indonesia recorded exports to Ukraine totaling US$10.9 million as of December 2023. This figure represents a significant 70.39% decrease compared to the previous year's exports of US$36.81 million.
Indonesia's trade record with Ukraine shows a considerable decline in exports over the past 10 years. The lowest export value reached US$10.9 million, while the highest reached US$416.99 million.
Of the 97 products (two-digit HS codes) exported to Ukraine, 39 were worth more than one billion dollars. Furthermore, according to Trademap data, 33 main Indonesian products are exported to Ukraine annually. In other words, these products are the mainstay of Indonesian exports to Ukraine. The remaining products are largely also exported to other countries.
The following is a list of the top five Indonesian products exported to Ukraine, ordered by value from highest to lowest:
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 are grouped with prepared edible fats. Exports of this product to Ukraine ranked first, with Indonesia exporting US$3.17 million. This is lower than the previous period's US$24,113,000.
2. Footwear, gaiters and the like
Falling under HS code 64, Footwear, gaiters and the like are grouped with parts of such articles. Indonesia exported US$2.57 million to Ukraine.
3. Essential oils and resinoids
Falling under HS code 33, Essential oils and resinoids are grouped with perfumery, cosmetic or toilet preparations. Indonesia exported US$1.14 million. Trademap data shows that Indonesia's trade in essential oils and resinoids is ranked 4th among exporting countries. Exports of essential oils and resinoids to Ukraine are the largest. Other top five export destinations include the United States, China, Germany, France, and the United Kingdom.
4. Edible fruits and nuts
Indonesia also exported US$0.81 million worth of edible fruits and nuts to Ukraine. This represents an increase compared to the previous period's US$616,000. Indonesia exports this product to only one country. Exports of edible fruits and nuts to Ukraine are the largest. The other five countries that are sources of edible fruits and nuts exports are the United States, China, Germany, the Netherlands, and France.
5. Articles of apparel and clothing accessories, knitted or crocheted
Indonesia exported a significant amount of articles of apparel and clothing accessories, knitted or crocheted, to Ukraine, valued at US$0.71 million. This is lower than the previous period's US$960,000. Indonesia exports this product to only one country. Exports of articles of apparel and clothing accessories, knitted or crocheted, to Ukraine are the largest. The other five countries that are sources of these exports are the United States, Germany, France, Japan, 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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