Indonesia was the largest exporter of rubber to Romania in 2023.
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Indonesia recorded exports to Romania worth US$135.79 million as of December 2023. This figure represents an 11.84% increase compared to the previous year's exports, which totaled US$121.41 million.
Indonesia's trade record with Romania shows an upward trend in exports over the past 10 years. 2023 marks a historical record with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Romania, 45 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are 59 main Indonesian products exported annually to this country. In other words, these products are Indonesia's mainstay exports to Romania. The majority of other products are also exported to many other countries.
The following is a list of the top five products exported by Indonesia to Romania. This list is ordered from highest to lowest transaction value.
- Rubber
- Machinery, electrical equipment and parts
- Animal, vegetable or microbial fats and oils and their cleavage products
- Mineral fuels, mineral oils and products of their distillation
- Paper and paperboard
Rubber, categorized under HS code 40, is the top export product to Romania. Indonesia exported US$52.02 million worth of rubber to Romania. This export value is lower than the previous period, which reached US$64,125,000.
Second, Indonesia's largest export is machinery, electrical equipment and parts. Exports to Romania in 2023 totaled US$23.58 million. This figure is higher than the previous period, which recorded US$14,011,000.
Third, Indonesia exported a significant amount of animal, vegetable or microbial fats and oils and their cleavage products to Romania. Exports of this product totaled US$17.92 million. This amount is higher than the previous period, which recorded US$3,453,000. Trademap data shows that Indonesia exports animal, vegetable or microbial fats and oils and their cleavage products to 4 countries. Exports of animal, vegetable or microbial fats and oils and their cleavage products to Romania are the largest. The other five countries that are sources of exports of animal, vegetable or microbial fats and oils and their cleavage products are Ship chandler and bunker, Sierra Leone, Singapore, Sint Maarten (Netherlands Antilles) and Slovakia.
Under HS code 27, mineral fuels, mineral oils and products of their distillation are categorized together with bitumen and mineral substances. Indonesia exported US$13.38 million worth of these products to Romania. Besides Romania, Indonesia also relies on exports of mineral fuels, mineral oils and products of their distillation to China, the United States, India, Japan and the Republic of Korea. In addition to these main countries, Indonesia is recorded as exporting this product to 4 other countries.
Exports of paper and paperboard to Romania are currently the largest. Indonesia exported US$7.24 million worth of these products to Romania. Other countries that are major export destinations for paper and paperboard are the United States, Germany, France, the United Kingdom and Italy.
"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."