Indonesia's Animal Fat and Oil Exports to Estonia Surge to US$276.34 Million

Indonesia recorded US$394.68 million in exports to Estonia as of December 2023. This figure represents a 27.37% increase compared to the previous year's exports, which totaled US$309.87 million.

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

Of the 97 products (two-digit HS codes) exported to Estonia, 35 products were worth more than one billion dollars. Furthermore, according to Trademap data, 37 main Indonesian products are exported to Estonia annually. In other words, these products are Indonesia's main export staples to Estonia. 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 Estonia. This list is ordered from highest to lowest transaction value.

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



Indonesia exported a large quantity of Animal, vegetable or microbial fats and oils and their fractions, ranking first. In the Trademap classification, Animal, vegetable or microbial fats and oils and their fractions fall under HS code 15. This product category is grouped together with Prepared edible fats. In 2023, Indonesia exported US$276.34 million worth of these products. This represents an increase compared to the previous period, which recorded US$230.77 million.


2. Cocoa and cocoa preparations



Cocoa and cocoa preparations fall under HS code 18. Indonesia exported US$76.64 million worth of these products to Estonia.


3. Iron or steel



Exports of iron or steel to Estonia are currently the largest. Indonesia exported US$29.41 million worth of these products to Estonia. Other major export destinations for iron or steel include the United States, Germany, France, Mexico, and Canada.


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



Indonesia exported this product to a single country. Exports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof to Estonia were the largest. In 2023, Indonesia recorded exports totaling US$3.59 million. Other top five export destinations include the United States, Germany, Canada, the United Kingdom, and France.


5. Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial



Indonesia also exported a significant amount of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Estonia. The value of these exports in 2023 was US$1.48 million, lower than the previous period's US$3.509 million. Exports of this product were concentrated in a single country. Exports of Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial to Estonia were the largest. The next five largest export destinations for this product were Germany, the United States, China, France, and the United Kingdom.