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Indonesia recorded US$4.4 million in exports to Guyana as of December 2023. This represents a 5.99% decrease compared to the previous year's exports of US$4.68 million.
Indonesia's trade record with Guyana shows an upward trend in exports over the past 10 years. The lowest export value was US$1.72 million, while the highest reached US$4.68 million.
Of the 97 products (two-digit HS codes) exported to Guyana, 35 were worth more than one billion dollars. Furthermore, according to Trademap data, 25 main Indonesian products are exported to Guyana annually. In other words, these products are the mainstay of Indonesian exports to Guyana. The majority of other products are also exported to many other countries.
The following is a list of the top five Indonesian export products to Guyana, ordered by value from highest to lowest.
- Animal, vegetable, or microbial fats and oils and their cleavage products
- Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
- Paper and paperboard
- Carpets and other textile floor coverings
- Nuclear reactors, boilers, machinery and mechanical appliances
Indonesia's largest export to Guyana is animal, vegetable, or microbial fats and oils and their cleavage products. In the Trademap classification, these fall under HS code 15. This product category is grouped together with edible processed fats and oils. In 2023, Indonesia exported US$1.33 million worth of these products, lower than the previous period's US$1.782 million.
The second largest export product is vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. Exports to Guyana in 2023 totaled US$0.9 million, an increase compared to the previous period's US$534,000.
Under HS code 48, paper and paperboard are categorized together with articles of pulp, of paper or of paperboard. Indonesia exported US$0.56 million of these products to Guyana. Guyana is the sole destination for this export product. Exports of paper and paperboard to Guyana are recorded as the largest. Other top five export destinations include the United States, Germany, France, the United Kingdom, and Italy.
Fourth on the list is carpets and other textile floor coverings (HS code 57). Indonesia exported US$0.39 million of these products to Guyana. Guyana is the sole destination for this export product. Exports of carpets and other textile floor coverings to Guyana are recorded as the largest. The other top five export destinations are the United States, Germany, the United Kingdom, Canada, and Japan.
Indonesia also exported US$0.34 million worth of nuclear reactors, boilers, machinery and mechanical appliances to Guyana. This is lower than the previous period's US$583,000. Guyana is the sole destination for this export product. Exports of nuclear reactors, boilers, machinery and mechanical appliances to Guyana are recorded as the largest. The other top five export destinations are the United States, China, Germany, the United Kingdom, and Mexico.
"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."