Indonesia's Trade Balance with Mauritania Shows a US$79.89 Million Surplus

Indonesia's trade balance with Mauritania showed a surplus of US$79.89 million in 2020. This trade balance value increased by 34.63% compared to the previous year's balance, which was recorded at US$59.34 million.

This positive trade balance, according to Trademap data, was supported by Indonesia's export value, which reached US$81.87 million. This value is higher than Indonesia's imports from Mauritania, which were recorded at US$1.98 million.

Indonesia's exports to Mauritania have been on an upward trend over the past year. The previous year's export value was US$59.48 million.

Meanwhile, imports, according to Trademap data, increased by 1,333.33% compared to the previous year, which was recorded at US$0.14 million.

Based on product type, there are 10 main export products from Indonesia to Mauritania that proved to generate a surplus during 2020. The total value of these main exports reached US$76.9 million.

List of 10 Main Indonesian Export Products to Mauritania

1. (HS 09): Coffee, tea, maté, and spices


2. (HS 15): Animal or vegetable fats and oils and their cleavage products; edible preparations thereof; animal or vegetable waxes


3. (HS 17): Sugars and sugar confectionery


4. (HS 18): Cocoa and cocoa preparations


5. (HS 19): Preparations of cereals, flour, starch or milk; pastrycooks' products


6. (HS 29): Organic chemicals


7. (HS 33): Essential oils and resinoids; perfumery, cosmetic or toilet preparations


8. (HS 34): Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations


9. (HS 38): Miscellaneous chemical products


10. (HS 40): Rubber and articles thereof

Globally, the trade balance for all goods was better this time due to an increase in several types of goods. The total value of Indonesia's trade balance was recorded at US$21.68 billion, or up 703.56%. In other words, Indonesia recorded a trade surplus. The previous year's trade balance with all countries in the world was recorded at US$-3.59 billion.