Indonesia's Exports to Kiribati Increased, but Imports Decreased in 2020

Indonesia's trade balance with Kiribati showed a surplus of US$2.49 million in 2020. This trade balance value increased by 91.82% compared to the previous year's balance, which was recorded at US$1.3 million.

This positive trade balance, according to Trademap data, was supported by Indonesia's export value, which reached US$2.6 million. This value is higher than Indonesia's imports from Kiribati, which were recorded at US$0.12 million.

Indonesia's exports to Kiribati have been on an upward trend over the past year. The previous year's export value was US$2.33 million.

Meanwhile, imports, according to Trademap data, decreased by 88.51% compared to the previous year, which was recorded at US$1.04 million.

Based on product type, there were 10 main export products from Indonesia to Kiribati that recorded a surplus during 2020. The total export value of these main products reached US$2.36 million.

List of 10 Main Indonesian Export Products to Kiribati

1. (HS 34): Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.


2. (HS 33): Essential oils and resinoids; perfumery, cosmetic or toilet preparations


3. (HS 19): Preparations of cereals, flour, starch or milk; pastrycooks' products


4. (HS 11): Products of the milling industry; malt; starches; inulin; wheat gluten


5. (HS 15): Fats and oils of animal or vegetable origin and their cleavage products; edible fats; animal or vegetable fats and oils


6. (HS 17): Sugars and sugar confectionery


7. (HS 62): Articles of apparel and clothing accessories, knitted or crocheted


8. (HS 96): Miscellaneous manufactured articles


9. (HS 20): Preparations of vegetables, fruit, nuts or other parts of plants


10. (HS 04): Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

Globally, the trade balance for all goods was better this time due to an increase in several types of goods. Indonesia's total trade balance was recorded at US$21.68 billion, or up 703.56%. In other words, Indonesia recorded a trade surplus. The previous year, Indonesia's trade balance with all countries in the world was recorded at US$-3.59 billion.