Indonesia recorded exports to Saint Vincent and the Grenadines totaling US$ 0.26 million as of December 2020. This figure represents a 58.71% decrease compared to the previous year's exports, which were recorded at US$ 0.62 million.
Indonesia's trade record with Saint Vincent and the Grenadines shows an upward trend in exports over the past 10 years. The lowest export value was US$ 0.16 million, while the highest reached US$ 1.28 million.
Of the 97 products (two-digit HS codes) exported to Saint Vincent and the Grenadines, 0.03 thousand products were worth more than one billion dollars. Most of the export products to this country are also exported to other countries, totaling six products.
The following is a list of the top five products exported by Indonesia to Saint Vincent and the Grenadines, ordered from highest to lowest transaction value.
1. Vegetable fats and oils and their fractions
Falling under HS code 15, Vegetable fats and oils and their fractions are categorized together with Edible fats and animal... Exports of this product to Saint Vincent and the Grenadines ranked first. Indonesia exported US$ 148 thousand from this country. The export value of Vegetable fats and oils and their fractions; Edible fats; animal... increased compared to the previous period, which was recorded at US$ 128 thousand.
2. Furniture
Falling under HS code 94, Furniture is categorized together with beds, mattresses, mattress supports, cushions and similar stuffed furniture and... Indonesia exported US$ 80 thousand worth of furniture.
3. Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s.
Indonesia also exported a significant amount of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to Saint Vincent and the Grenadines. The export value of this product was US$ 22 thousand. In the previous year, Indonesia did not record any exports to this country. Trademap data shows Indonesia's trading activity exporting Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to 164 countries. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to this country ranked 156th. Other countries in the top five export destinations are Malaysia, the Philippines, India, China, and Thailand.
4. Wood and wood articles
Another export product was Wood and wood articles, amounting to US$ 2 thousand. The export value of this product was lower than the previous period, which reached US$ 247 thousand. Besides Saint Vincent and the Grenadines, Indonesia also relies on exports of Wood and wood articles to Japan, the United States, China, Korea, Republic of, and Taipei, China. In addition to these main countries, Indonesia is recorded as exporting this product to 146 other countries.
5. Articles of iron or steel
Indonesia also exported a significant amount of Articles of iron or steel to Saint Vincent and the Grenadines. The export value of this product was US$ 2 thousand. This amount is lower than the previous period, which reached US$ 7 thousand. Indonesia is recorded as exporting this product to 124 countries. Exports of Articles of iron or steel to Saint Vincent and the Grenadines ranked 120th. Five other countries that are major sources of Articles of iron or steel exports are Singapore, the United States, the United Arab Emirates, Japan, and Thailand.