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Indonesia recorded exports to Jamaica worth US$37.23 million as of December 2023. This figure represents a 3.79% increase compared to the previous year's exports, which were recorded at US$35.87 million.
Indonesia's trade record with Jamaica shows an upward trend in exports over the past 10 years. 2023 marks a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Jamaica, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 30 main Indonesian products exported to this country annually. In other words, these products are Indonesia's mainstay exports to Jamaica. The majority of other products are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Jamaica. This list is ordered from the highest to lowest transaction value.
- Vehicles other than railway or tramway rolling-stock, and parts and accessories
- Animal, vegetable or microbial fats and oils and their fractions
- Paper and Paperboard
- Furniture
- Wood and wood articles
Indonesia exported a significant amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories. In the Trademap classification, Vehicles other than railway or tramway rolling-stock, and parts and accessories fall under HS code 87. In 2023, Indonesia recorded exports of US$23.28 million. The export value of Vehicles other than railway or tramway rolling-stock, and parts and accessories increased compared to the previous period, which was recorded at US$11,017 thousand.
Second, Indonesia's largest export was Animal, vegetable or microbial fats and oils and their fractions. The export value to Jamaica in 2023 was recorded at US$5.25 million. This figure is lower than the previous period, which reached US$12,457 thousand.
Exports of Paper and Paperboard to Jamaica are currently the largest. Indonesia exported US$2.02 million to this country. Other major export destinations for Paper and Paperboard include the United States, Germany, France, the United Kingdom, and Italy.
Falling under HS code 94, Furniture is a group of export products categorized together with beds, mattresses, mattress supports, pillows, and similar stuffed furniture. Indonesia exported US$1.8 million worth of furniture. Trademap data shows that Indonesia exports Furniture to 4 countries. Exports of Furniture to this country are the largest. Other countries in the top five export destinations are the United States, Germany, France, the United Kingdom, and Canada.
Indonesia recorded exports of this product to one country. Exports of Wood and wood articles to this country are the largest. In 2023, Indonesia recorded exports of US$1.13 million. The five other countries that are major export sources for Wood and wood articles 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."
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