Indonesia Exported US$2.6 Million Worth of Soap to Azerbaijan in 2023
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Indonesia recorded exports to Azerbaijan totaling US$4.89 million as of December 2023. This figure represents a 34.19% increase compared to the previous year's exports, which were recorded at US$3.64 million.
Indonesia's trade record with Azerbaijan shows a significant decrease in exports over the past 10 years. The lowest export value was US$1.04 million, while the highest reached US$68.91 million.
Of the 97 products (two-digit HS codes) exported to Azerbaijan, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 24 main Indonesian products exported annually to this country. In other words, these products are the mainstay of Indonesian exports to Azerbaijan. The majority of other products are also exported to many other countries.
The following is a list of the top five Indonesian products exported to Azerbaijan, ordered from highest to lowest transaction value:
1. Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured
Indonesia exported a significant amount of Soap, organic surface-active agents, washing preparations, lubricating preparations, manufactured. In the Trademap classification, this falls under HS code 34. In 2023, Indonesia recorded exports valued at US$2.6 million. This represents an increase compared to the previous period, which was recorded at US$1,836,000.
2. Edible preparations
In second place, Indonesia's largest export was Edible preparations. Exports to Azerbaijan in 2023 were recorded at US$0.84 million. This figure is up from the previous period's US$669,000.
3. Electrical machinery and equipment and parts
Falling under HS code 85, Electrical machinery and equipment and parts are categorized together with sound recorders and reproducers, television. Indonesia exported US$0.26 million. Trademap data shows that Indonesia exports Electrical machinery and equipment and parts to 4 countries. Exports of Electrical machinery and equipment and parts to this country are the largest. Other countries in the top five export destinations are China, the United States, Hong Kong, China, Germany, and Singapore.
4. Animal, vegetable or microbial fats and oils and their cleavage products
Indonesia also exported US$0.25 million worth of Animal, vegetable or microbial fats and oils and their cleavage products to Azerbaijan. Exports of this product increased compared to the previous period, which was recorded at US$153,000. Currently, the largest export of Animal, vegetable or microbial fats and oils and their cleavage products is to Azerbaijan. Besides this country, the five largest export destinations for Indonesian Animal, vegetable or microbial fats and oils and their cleavage products are Ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles), and Slovakia.
5. Wood and wood articles
Exports of Wood and wood articles to Azerbaijan are currently the largest. Indonesia exported US$0.2 million to this country. Other major export destinations for Wood and wood articles with the highest value are the United States, China, Japan, Germany, and the United Kingdom.
"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."