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Indonesia recorded US$195.13 million in exports to Iran as of December 2023. This represents a 19.55% decrease compared to the previous year's exports of US$242.55 million.
Indonesia's trade record with Iran shows a significant decrease in exports over the past 10 years. The lowest export value was US$118.1 million, while the highest reached 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, 46 main Indonesian products are exported to Iran annually. In other words, these products are Indonesia's main export commodities to Iran. The remaining products are largely exported to other countries as well.
The following is a list of the top five products exported by Indonesia to Iran, ordered from highest to lowest transaction value.
- Edible fruits and nuts
- Vehicles other than railway or tramway rolling-stock, and parts and accessories
- Other chemical products
- Wood and wood products
- Animal, vegetable or microbial fats and oils and their fractions
Indonesia's top export to Iran is 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 rinds. In 2023, Indonesia exported US$57.91 million worth of these products, lower than the previous period's US$100.33 million.
Vehicles other than railway or tramway rolling-stock, and parts and accessories fall under HS code 87. Indonesia exported US$50.33 million worth of these products.
Indonesia also exported US$19.58 million worth of other chemical products to Iran. This is lower than the previous period's US$29,446,000. Besides Iran, Indonesia also relies on exports of other chemical products to the United States, China, Germany, the Netherlands, and France. In addition to these major countries, Indonesia exported this product to four other countries.
Indonesia also exports a significant amount of wood and wood products to Iran, valued at US$18.95 million. This is lower than the previous period's US$23,354,000. Besides Iran, Indonesia also relies on exports of wood and wood products to the United States, China, Japan, Germany, and the United Kingdom. In addition to these major countries, Indonesia exported this product to four other countries.
Falling under HS code 15, animal, vegetable or microbial fats and oils and their fractions are categorized together with prepared edible fats. Indonesia exported US$11 million worth of these products to Iran. Trademap data shows that Indonesia exports animal, vegetable or microbial fats and oils and their fractions to four countries. Exports to Iran are the largest. Other countries in the top five export destinations are 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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