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Indonesia recorded US$3.03 billion in exports to Pakistan as of December 2023. This figure represents a 30.01% decrease compared to the previous year's exports, which totaled US$4.33 billion.
Indonesia's trade record with Pakistan shows an upward trend in exports over the past 10 years. The lowest export value was US$1.94 billion, while the highest reached US$4.33 billion.
Of the 97 products (two-digit HS codes) exported to Pakistan, 37 were worth more than one billion dollars. Furthermore, according to Trademap data, 63 main Indonesian products are exported to Pakistan annually. In other words, these products are Indonesia's mainstay exports to Pakistan. The remaining products are largely also exported to other countries.
The following is a list of the top five products exported by Indonesia to Pakistan, ordered from highest to lowest transaction value.
- Animal, vegetable, or microbial fats and oils and their cleavage products
- Mineral fuels, mineral oils and products of their distillation
- Man-made staple fibers
- Paper and paperboard
- Organic chemicals
Indonesia's top export to Pakistan 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…
In 2023, Indonesia exported US$2.2 billion worth of these products. This is lower than the previous period's US$3.16 billion.
Second on the list is mineral fuels, mineral oils and products of their distillation. Exports to Pakistan in 2023 totaled US$324.72 million, lower than the previous year's US$452.65 million.
Third, Indonesia also exported a significant amount of man-made staple fibers to Pakistan. The value of these exports in 2023 was US$171.72 million, slightly higher than the previous year's US$171.12 million. Besides Pakistan, Indonesia also relies on exports of man-made staple fibers to Vietnam, Afghanistan, unspecified African countries, Albania, and Algeria. In addition to these main countries, Indonesia exported this product to four other countries.
Indonesia also exports significant quantities of paper and paperboard to Pakistan. The value of these exports was US$52.94 million, lower than the previous year's US$70,515,000. Besides Pakistan, Indonesia also relies on exports of paper and paperboard to the United States, Germany, France, the United Kingdom, and Italy. In addition to these main countries, Indonesia exported this product to four other countries.
Furthermore, organic chemicals, categorized under HS code 29, were also exported. Indonesia exported US$27.32 million worth of these products to Pakistan. Pakistan remains the largest export destination for Indonesian organic chemicals. Besides Pakistan, the five largest export destinations for Indonesian organic chemicals are the United States, China, Germany, Belgium, and India.
"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."