Indonesia exported US$0.24 million worth of rubber to Belize in 2023.
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Indonesia recorded exports to Belize totaling US$0.52 million as of December 2023. This represents a 10.75% decrease compared to the previous year's exports, which totaled US$0.58 million.
Indonesia's trade record with Belize shows a drastic reduction in exports over the past 10 years. The lowest export value was US$0.52 million, while the highest reached US$1.24 million.
Of the 97 products (two-digit HS codes) exported to Belize, 35 were worth more than one billion dollars. Furthermore, according to Trademap data, 14 main Indonesian products are exported to Belize annually. In other words, these products are the mainstay of Indonesian exports to Belize. The remaining products are largely those also exported to many other countries.
The following is a list of the top five Indonesian products exported to Belize, ordered from highest to lowest transaction value.
- Rubber
- Furniture
- Paper and Paperboard
- Nuclear reactors, boilers, machinery and mechanical appliances
- Glass and glassware
Indonesia's top export to Belize is rubber. In the Trademap classification, rubber falls under HS code 40. In 2023, Indonesia exported US$0.24 million worth of rubber to Belize. This is lower than the previous period's US$349,000.
The second largest export from Indonesia to Belize is furniture. The value of furniture exports in 2023 was US$0.13 million, an increase compared to the previous year's US$101,000.
Indonesia also exports significant quantities of paper and paperboard to Belize. The value of these exports in 2023 was US$39,000. No exports were recorded in the previous year. Trademap data shows that Indonesia exports paper and paperboard to four countries. Exports to Belize are the largest. The other four countries among the top five export destinations are the United States, Germany, France, the United Kingdom, and Italy.
Indonesia exports a significant amount of nuclear reactors, boilers, machinery and mechanical appliances to Belize. The value of these exports was US$31,000. No exports were recorded in the previous year. Indonesia exports these products to only one country, and Belize is the largest recipient. The other five countries that import these products from Indonesia are the United States, China, Germany, the United Kingdom, and Mexico.
Indonesia also exports glass and glassware to Belize. The value of these exports was US$18,000. No exports were recorded in the previous year. Belize is currently the largest export destination for Indonesian glass and glassware. The other five largest export destinations are the United States, China, Germany, France, 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."
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