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

Indonesia's trade balance with Poland showed a surplus of US$155.79 million in 2020. However, this surplus decreased drastically by -39.84% compared to the previous year's balance of US$258.97 million.

This decline in the trade balance, according to Trademap data, was supported by Indonesia's export value, which reached US$441.11 million. This value is higher than Indonesia's imports from Poland, which were recorded at US$285.31 million.

Indonesia's exports to Poland have been on a downward trend over the past year. The previous year's export value was US$483.78 million.

Imports, according to Trademap data, increased by 26.91% compared to the previous year, which was recorded at US$224.81 million.

Based on product type, there were 10 main export products from Indonesia to Poland that recorded a surplus during 2020. The total value of these main exports reached US$302.08 million.

List of 10 Main Indonesian Export Products to Poland

1. (HS 85): Electrical machinery and equipment and parts thereof; sound recording and reproducing apparatus, television…


2. (HS 40): Rubber and articles thereof


3. (HS 61): Articles of apparel and clothing accessories, knitted or crocheted


4. (HS 62): Articles of apparel and clothing accessories, not knitted or crocheted


5. (HS 64): Footwear, gaiters and the like; parts of such articles


6. (HS 48): Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard; paper and paperboard; articles of paper pulp, of paper or of paperboard


7. (HS 90): Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus


8. (HS 34): Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations


9. (HS 39): Plastics and articles thereof


10. (HS 55): Man-made staple fibers

Globally, the trade balance for all goods was better this time due to an increase in several types of goods. The total value of Indonesia's 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.