Indonesia exported US$44.12 million worth of animal fats and oils to Israel in 2023.
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Indonesia recorded US$165.77 million in exports to Israel as of December 2023. This figure represents a 10.66% decrease compared to the previous year's exports of US$185.56 million.
Indonesia's trade record with Israel shows an upward trend in exports over the past 10 years. The lowest export value was US$103.16 million, while the highest reached US$185.56 million.
Of the 97 products (two-digit HS codes) exported to Israel, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, 62 main Indonesian products are exported to Israel annually. In other words, these products are the mainstay of Indonesian exports to Israel. Many of the other products are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Israel, ordered from highest to lowest transaction value:
1. Animal, vegetable or microbial fats and oils and their fractions
Indonesia exported a significant amount of Animal, vegetable or microbial fats and oils and their fractions. In the Trademap classification, these fall under HS code 15. This export category is grouped together with prepared edible fats. In 2023, Indonesia exported US$44.12 million worth of these products. This is lower than the previous period's US$61.75 million.
2. Footwear, gaiters and the like
Second, Indonesia's largest export was Footwear, gaiters and the like. Exports to Israel in 2023 totaled US$17.27 million, lower than the previous period's US$23.872 million.
3. Electrical machinery, equipment and parts
Indonesia also exported a significant amount of Electrical machinery, equipment and parts to Israel, valued at US$17.15 million. This is an increase compared to the previous period's US$9.092 million. Besides Israel, Indonesia also relies on exports of Electrical machinery, equipment and parts to China, the United States, Hong Kong, Germany, and Singapore. In addition to these main countries, Indonesia exported this product to four other countries.
4. Man-made staple fibers
Exports of Man-made staple fibers to Israel were the largest. In 2023, Indonesia recorded exports valued at US$11.19 million. Other top five export destinations include Vietnam, Afghanistan, Africa not specified elsewhere, Albania, and Algeria.
5. Organic chemicals
Indonesia also exported a significant amount of Organic chemicals to Israel. The value of these exports in 2023 was US$7.55 million, lower than the previous period's US$9.244 million. Israel remains the largest export destination for Organic chemicals. Besides Israel, the top five export destinations for Indonesian Organic chemicals are the United States, China, Germany, Belgium, and India.
"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."