Indonesia recorded US$51.305 million in exports to El Salvador as of December 2022. This figure represents a 58.69% increase compared to the previous year's exports, which totaled US$32.331 million.
Indonesia's trade record with El Salvador shows an upward trend in exports over the past 10 years. 2022 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to El Salvador, 37 products were valued at over one billion dollars. Most of the exported products (31 items) are also exported to other countries in significant quantities.
The following is a list of the top five products exported by Indonesia to El Salvador, ordered from highest to lowest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia exported a significant amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof, which fall under HS code 87 according to the Trademap classification. In 2022, Indonesia exported US$17.318 million worth of these products. This represents an increase compared to the previous period, which recorded US$6.866 million.
2. Paper and paperboard
Falling under HS code 48, Paper and paperboard are categorized together with pulp, paper or paperboard articles. Indonesia exported US$10.504 million worth of these products to El Salvador.
3. Iron and steel
Exports of Iron and steel to El Salvador ranked 34th. In 2022, Indonesia recorded exports of US$7.672 million. Five other countries that are major exporters of Iron and steel are China, Taipei, China, India, Vietnam, and Malaysia.
4. Man-made staple fibers
Indonesia also exported a significant amount of Man-made staple fibers to El Salvador, ranking fourth. Exports of this product in 2022 amounted to US$3.247 million, an increase compared to the previous period's US$1.228 million. Trademap data shows Indonesia exports Man-made staple fibers to 101 countries. Exports of Man-made staple fibers to El Salvador ranked 50th. Five other countries that are major exporters of Man-made staple fibers are Türkiye, Bangladesh, India, Pakistan, and Japan.
5. Electrical machinery and equipment and parts thereof
Falling under HS code 85, Electrical machinery and equipment and parts thereof are categorized together with sound recorders and reproducers, television. Indonesia exported US$3.025 million worth of these products to El Salvador. Exports of Electrical machinery and equipment and parts thereof to El Salvador ranked 73rd. Besides El Salvador, the largest exports of Electrical machinery and equipment and parts thereof were destined for Singapore, the United States, Japan, Korea, Republic of, and Hong Kong, China. Indonesia also exported this product to 159 countries.