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Indonesia recorded exports to Gabon of US$8.79 million as of December 2023. This figure represents a 7.44% decrease compared to the previous year's exports, which totaled US$9.5 million.
Indonesia's trade record with Gabon shows a significant decline in exports over the past 10 years. The lowest export value was US$6.25 million, while the highest reached US$20.39 million.
Of the 97 products (two-digit HS codes) exported to Gabon, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 25 main Indonesian products exported to this country annually. In other words, these products are the mainstay of Indonesian exports to Gabon. The rest are mostly products also widely exported to other countries.
The following is a list of the top five products exported by Indonesia to Gabon, ordered from highest to lowest transaction value:
1. Animal, vegetable or microbial fats and oils and their cleavage products
Falling under HS code 15, Animal, vegetable or microbial fats and oils and their cleavage products are a group of export goods categorized together with prepared edible fats. Exports of this product to Gabon ranked first. Indonesia exported US$1.61 million worth of these products to Gabon. This represents an increase compared to the previous period, which recorded US$467,000.
2. Preparations of cereals, flour, starch or milk
Second, Indonesia's largest export was Preparations of cereals, flour, starch or milk. The export value to Gabon in 2023 was recorded at US$1.36 million. This figure is up from the previous period's US$836,000.
3. Rubber
Indonesia is recorded as exporting this product to one country. Rubber exports to this country are the largest. In 2023, Indonesia recorded exports worth US$1.24 million. Five other countries that are sources of Rubber exports are the United States, Germany, China, Mexico, and France.
4. Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s.
Indonesia is recorded as exporting this product to one country. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to this country are the largest. In 2023, Indonesia recorded exports of US$1.1 million. Five other countries that are sources of exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. are Germany, the United States, China, France, and the United Kingdom.
5. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Another exported product is Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, valued at US$0.67 million. The export value of this product is lower than the previous period, which reached US$1.775 million. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof are currently largest to Gabon. Besides this country, the five largest countries that are sources of Indonesian exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof are the United States, Germany, Canada, the United Kingdom, 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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