Indonesia recorded exports to Eritrea totaling US$0.65 million as of December 2020. This figure represents a 409.45% increase compared to the previous year's exports, which were recorded at US$0.13 million.
Indonesia's trade record with Eritrea shows a significant decrease in exports over the past 10 years. The lowest export value was US$0.13 million, while the highest reached US$9.73 million.
Of the 97 products (two-digit HS codes) exported to Eritrea, 0.03 thousand products were worth more than one billion dollars. Most of the exported products are also exported to other countries, with only two products falling into this category.
The following is a list of the top five products exported by Indonesia to Eritrea, ordered from highest to lowest transaction value:
1. Paper and paperboard
Indonesia exported a significant amount of paper and paperboard. In the Trademap classification, paper and paperboard fall under HS code 48. This product category is grouped with pulp, paper, and paperboard articles. In 2020, Indonesia exported US$600,000 worth of these products. No exports were recorded to Eritrea in the previous year.
2. Pharmaceutical products
Indonesia's second-largest export to Eritrea was pharmaceutical products. The export value in 2020 was recorded at US$47,000. No exports were recorded to Eritrea in the previous year.
3. Other made-up textile articles
Indonesia exported other made-up textile articles to Eritrea. The export value of this product was recorded at US$0. No exports were recorded to Eritrea in the previous year. Trademap data shows Indonesia exports other made-up textile articles to 119 countries. Exports of other made-up textile articles to Eritrea ranked 188th. The top five export destinations for this product are Japan, Singapore, the United States, China, and Hong Kong, China.
4. Raw hides and skins (other than furskins) and leather
Indonesia exports this product to 39 countries. Exports of raw hides and skins (other than furskins) and leather to Eritrea ranked 146th. In 2020, Indonesia recorded exports valued at US$0. The other top five export destinations for this product are Vietnam, China, Hong Kong, China, Singapore, and India.
5. Rubber and articles thereof
Indonesia also exported rubber and articles thereof to Eritrea. The export value of this product was recorded at US$0. No exports were recorded to Eritrea in the previous year. Besides Eritrea, Indonesia also exports rubber and articles thereof to the United States, Japan, China, India, and the Republic of Korea. In addition to these major countries, Indonesia exported this product to 143 other countries.