Indonesia's Main Exports to Liberia in 2023

Indonesia recorded exports to Liberia worth US$33.65 million as of December 2023. This figure represents a 35.97% decrease compared to the previous year's exports, which were recorded at US$52.55 million.

Indonesia's trade record with Liberia shows an upward trend in exports over the past 10 years. The lowest export value was US$19.38 million, while the highest reached US$52.55 million.

Of the 97 products (two-digit HS codes) exported to Liberia, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 24 main Indonesian products exported to this country annually. In other words, these products are the mainstay of Indonesian exports to Liberia. The majority of other products are also exported to many other countries.

The following is a list of the five main products exported by Indonesia to Liberia, ordered from highest to lowest transaction value:

1. Animal, vegetable or microbial fats and oils and their fractions

Falling under HS code 15, Animal, vegetable or microbial fats and oils and their fractions are a group of export goods categorized together with prepared edible fats. Exports of this product to Liberia ranked first, with Indonesia exporting US$20.55 million. The export value of Animal, vegetable or microbial fats and oils and their fractions; Prepared edible fats is lower than the previous period, which reached US$26,921,000.

2. Residues and waste from the food industry

Falling under HS code 23, Residues and waste from the food industry are a group of export goods categorized together with prepared animal feed. Indonesia exported US$3.99 million.

3. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial

Indonesia's export destination for this product is primarily one country. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to this country are the largest. In 2023, Indonesia recorded exports of US$3.77 million. Five other countries that are sources of exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial are Germany, the United States, China, France, and the United Kingdom.

4. Nuclear reactors, boilers, machinery and mechanical appliances

Exports of other products include Nuclear reactors, boilers, machinery and mechanical appliances, valued at US$1.86 million. The export value of this product is lower than the previous period, which reached US$2,465,000. Besides Liberia, Indonesia also relies on exports of Nuclear reactors, boilers, machinery and mechanical appliances to the United States, China, Germany, the United Kingdom, and Mexico. In addition to these main countries, Indonesia is recorded to have exported this product to four other countries.

5. Paper and paperboard

Falling under HS code 48, Paper and paperboard are a group of export goods categorized together with articles of pulp, paper or paperboard. Indonesia exported US$1.23 million. Currently, the largest exports of Paper and paperboard are still destined for Liberia. Besides this country, the five largest countries that are sources of Indonesian Paper and paperboard exports are the United States, Germany, France, the United Kingdom, and Italy.