Indonesia's Prepared Cereal Exports Surge to US$2.99 Million

Indonesia recorded exports to Tiba totaling US$7.63 million as of December 2023. This figure represents a 91.37% increase compared to the previous year's exports, which were recorded at US$3.99 million.

Indonesia's trade record with Tiba shows an upward trend in exports over the past 10 years. 2023 marks a historic high with the highest export value ever recorded.

Of the 97 products (two-digit HS codes) exported to Tiba, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, 32 main Indonesian products are exported to this country annually. In other words, these products are Indonesia's main export staples to Tiba. The remaining products are largely also exported to other countries.

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

1. Preparations of cereals, flour, starch or milk



Indonesia's top export to Tiba is Preparations of cereals, flour, starch or milk. In the Trademap classification, Preparations of cereals, flour, starch or milk fall under the HS code 19. This product category is grouped together with pastrycooks' products.




In 2023, Indonesia exported US$2.99 million worth of these products. Exports of Preparations of cereals, flour, starch or milk; pastrycooks' products increased compared to the previous period, which recorded US$1,617,000.



2. Iron and steel





Second on the list is iron and steel. Exports to Tiba in 2023 totaled US$0.99 million. This figure is up from the previous period's US$127,000.



3. Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s.



Indonesia also exported US$0.67 million worth of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to Tiba. Exports of this product increased compared to the previous period, which recorded US$594,000. Besides Tiba, Indonesia also relies on exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, n.e.s. to Germany, the United States, China, France, and the United Kingdom. In addition to these main countries, Indonesia exported this product to 4 other countries.



4. Animal, vegetable or microbial fats and oils and their fractions



Indonesia exported a significant amount of Animal, vegetable or microbial fats and oils and their fractions to Tiba. Exports of this product totaled US$0.66 million. This is up from the previous period's US$533,000. Indonesia exported this product to one country. Exports of Animal, vegetable or microbial fats and oils and their fractions to Tiba were the largest. Other countries in the top five export destinations are Ship chandlers and bunkers, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles), and Slovakia.



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



In the Trademap classification, Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof fall under HS code 87. Indonesia exported US$0.35 million worth of these products, up from the previous period's US$167,000. Besides Tiba, Indonesia also relies on exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to the United States, Germany, Canada, the United Kingdom, and France. In addition to these main countries, Indonesia exported this product to 4 other countries.