Indonesia Exports US$15.544 Million Worth of Cotton to Honduras

Indonesia recorded exports to Honduras of US$34.97 million as of December 2020. This figure represents a 38.18% increase compared to the previous year's exports, which were recorded at US$25.3 million.

Indonesia's trade record with Honduras shows an upward trend in exports over the past 10 years. 2020 marked a historical record with the highest export value ever recorded.

Of the total 97 products (two-digit HS codes) exported to Honduras, 0.03 thousand products were worth more than one billion dollars. Most of the products exported to Honduras are also exported to other countries, totaling 0.03 thousand products.

The following is a list of the top five products exported by Indonesia to Honduras, ordered from highest to lowest transaction value:

1. Cotton

Indonesia exported a significant amount of cotton. In the Trademap classification, cotton falls under HS code 52. In 2020, Indonesia exported US$15,544 thousand worth of cotton. This represents an increase compared to the previous period, which recorded US$964 thousand.

2. Man-made staple fibers

Man-made staple fibers, under the Trademap classification, fall under HS code 55. Indonesia exported US$5,244 thousand worth of these fibers to Honduras.

3. Vegetable fats and oils and their cleavage products

Indonesia exported this product to 160 countries. Exports of vegetable fats and oils and their cleavage products to Honduras ranked 90th. In 2020, Indonesia recorded exports of US$2,623 thousand. Besides Honduras, the largest exports of vegetable fats and oils and their cleavage products were to China, India, Pakistan, Malaysia, and the United States.

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

Ranked fourth, vehicles other than railway or tramway rolling-stock, and parts and accessories thereof (HS code 87), saw Indonesian exports of US$1,846 thousand, lower than the previous period's US$2,713 thousand. Besides Honduras, Indonesia also relies on exports of these vehicles to the Philippines, Vietnam, Thailand, Japan, and Saudi Arabia. In addition to these main countries, Indonesia exported this product to 152 other countries.

5. Paper and paperboard

Falling under HS code 48, paper and paperboard are categorized together with articles of pulp, paper or paperboard. Indonesia exported US$1,744 thousand, lower than the previous period's US$3,740 thousand. Trademap data shows Indonesia's trading activity exporting paper and paperboard to 157 countries. Exports of paper and paperboard to Honduras ranked 92nd. Other top five export destinations include China, Japan, the United States, Vietnam, and Malaysia.