Indonesia's fruit exports to Iran fall to US$57.91 million
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Indonesia recorded exports to Iran worth US$195.13 million as of December 2023. This figure shows a 19.55% decrease compared to the previous year's exports, which were recorded at US$242.55 million.
Indonesia's trade record with Iran shows a drastic decrease in exports over the past 10 years. The lowest Indonesian export value was US$118.1 million, while the highest was US$406.11 million.
Of the 97 products (two-digit HS codes) exported to Iran, 40 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 46 main Indonesian products exported to Iran annually. In other words, these products are the mainstay of Indonesian exports to Iran. The rest are mostly products also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Iran, ordered from highest to lowest transaction value:
1. Edible fruits and nuts
Indonesia exported a significant amount of edible fruits and nuts. In the Trademap classification, edible fruits and nuts fall under HS code 08. This product category is grouped together with fruit peels or melon citrus. In 2023, Indonesia recorded exports of US$57.91 million. This is lower than the previous period, which reached US$100.33 million.
2. Vehicles other than railway or tramway rolling-stock, and parts and accessories
Second, Indonesia's largest export is vehicles other than railway or tramway rolling-stock, and parts and accessories. The export value to Iran in 2023 was US$50.33 million. This is an increase compared to the previous period, which was recorded at US$41,328 thousand.
3. Other chemical products
Exports of other chemical products to Iran are currently the largest. Indonesia exported US$19.58 million worth of these products to Iran. Other major export destinations for other chemical products include the United States, China, Germany, the Netherlands, and France.
4. Wood and wood articles
Falling under HS code 44, wood and wood articles are grouped together with charcoal. Indonesia exported US$18.95 million worth, lower than the previous period which reached US$23,354 thousand. Iran remains the largest export destination for wood and wood articles. Besides Iran, the top five export destinations for Indonesian wood and wood articles are the United States, China, Japan, Germany, and the United Kingdom.
5. Animal, vegetable or microbial fats and oils and their cleavage products
Iran is the sole major export destination for this product. In 2023, Indonesia recorded exports of US$11 million. Other top five export destinations include Ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles), and Slovakia.
"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."
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