These are Indonesia's Top Exports to the Philippines

Indonesia recorded exports to the Philippines totaling US$5.9 billion as of December 2020. This figure represents a 12.87% decrease compared to the previous year's exports, which reached US$6.77 billion.

Indonesia's trade record with the Philippines shows an upward trend in exports over the past 10 years. The lowest export value was US$3.7 billion, while the highest reached US$6.83 billion.

Of the 97 products (two-digit HS codes) exported to the Philippines, 40 products were worth more than one billion dollars. Furthermore, according to Trademap data, six main Indonesian products are exported to the Philippines annually. This indicates a significant dependence on these export products. The majority of other exported products (80 products) are also exported to other countries.

The following is a list of the top five products exported by Indonesia to the Philippines. This list is ordered from highest to lowest transaction value.

1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof



Indonesia's largest export to the Philippines is Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. In the Trademap classification, this falls under HS code 87. In 2020, Indonesia exported US$1.57 billion worth of these products. This is lower than the previous period's US$2.11 billion.


2. Mineral fuels, mineral oils and products of their distillation



Falling under HS code 27, Mineral fuels, mineral oils and products of their distillation are grouped with bituminous substances and mineral waxes. Indonesia exported US$1.27 billion worth of these products.


3. Other food preparations



Exports of Other food preparations to the Philippines are currently the largest. Indonesia exported US$465.65 million worth of these products to the Philippines. Other major export destinations for Other food preparations include Singapore, Malaysia, Saudi Arabia, and Thailand.


4. Vegetable fats and oils and their cleavage products



Fourth on the list, Indonesia also exported US$349.41 million worth of Vegetable fats and oils and their cleavage products to the Philippines. This represents an increase compared to the previous period's US$270.69 million. Trademap data shows that Indonesia exports Vegetable fats and oils and their cleavage products to 155 countries. Exports to the Philippines rank 14th. The top five export destinations for this product are China, India, Pakistan, Malaysia, and the United States.


5. Paper and paperboard



Exports of Paper and paperboard to the Philippines rank sixth. In 2020, Indonesia exported US$222.1 million worth of these products. The top five export destinations for Paper and paperboard are China, Japan, the United States, Vietnam, and Malaysia.