Indonesia recorded exports to Guyana totaling US$2.51 million as of December 2020. This represents a 45.56% decrease compared to the previous year's exports, which reached US$4.6 million.
Indonesia's trade record with Guyana shows an upward trend in exports over the past 10 years. The lowest export value was US$1.61 million, while the highest reached US$4.6 million.
Of the 97 products (two-digit HS codes) exported to Guyana, 0.03 thousand products were worth more than one billion dollars. Most of the exported products 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 Guyana, ordered from highest to lowest transaction value:
1. Vegetable fats and oils and their fractions
Indonesia's top export to Guyana is vegetable fats and oils and their fractions. In the tradmap classification, this falls under HS code 15. This product category is grouped with edible fats and animal...
In 2020, Indonesia exported US$864 thousand. The export value of vegetable fats and oils and their fractions; edible fats; animal... was lower than the previous period, which reached US$915 thousand.
2. Soap, organic surface-active agents, washing preparations, lubricating preparations, etc.
Soap, organic surface-active agents, washing preparations, lubricating preparations, etc. fall under HS code 34. Indonesia exported US$304 thousand of these products to Guyana.
3. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia also exported US$277 thousand worth of vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to Guyana. This is lower than the previous period's US$700 thousand. Indonesia exports this product to 157 countries. Guyana is the 114th largest export destination for this product. Other top five export destinations include the Philippines, Vietnam, Thailand, Japan, and Saudi Arabia.
4. Other made-up textile articles
Exports of other made-up textile articles to Guyana ranked 42nd. In 2020, Indonesia exported US$213 thousand. Besides Guyana, the largest exports of other made-up textile articles were to Japan, Singapore, the United States, China, and Hong Kong, China.
5. Carpets and other textile floor coverings
This product, falling under HS code 57, had exports to Guyana valued at US$191 thousand. Besides Guyana, Indonesia also exports carpets and other textile floor coverings to Japan, the United States, Malaysia, India, and Bangladesh. In addition to these main countries, Indonesia exported this product to 67 other countries.