Indonesia’s exports to the US accounted for $23.28 billion in 2023 with a total share of 11.15%. When it comes to international trade, Indonesia plays a significant role as one of the leading exporters to the United States. In the first quarter of 2024, Indonesia’s exports to the US reached an impressive total value of $6.29 billion, showcasing the robust trade relationship between the two countries. The country’s exports cover a wide range of products, with some sectors standing out in terms of their contribution to the bilateral trade relationship. Indonesia’s major exports to the US in 2023 include electrical machinery, articles of apparel, animal and vegetable oils, footwear, and more. In this article, we will explore the top and major Indonesian exports to the US and delve into the key sectors that drive this economic partnership.
1. Electrical machinery and equipment (HS Code 85): $3.45 billion
Electrical machinery and equipment are among the major Indonesia exports to the US, with a total value of $3.45 billion. This category includes items such as electrical transformers, industrial machinery, and electrical parts.
2. Articles of apparel, knitted (HS Code 61): $2.29 billion
Another significant export category from Indonesia to the US is articles of apparel, knitted, valued at $2.29 billion. This includes a wide range of knitted clothing items such as sweaters, t-shirts, and socks.
3. Articles of apparel, non-knitted (HS Code 62): $2.06 billion
In addition to knitted apparel, Indonesia also exports non-knitted articles of apparel to the US, with a total value of $2.06 billion. This category covers clothing items such as shirts, dresses, and trousers.
4. Animal, vegetable, or microbial fats and oils (HS Code 15): $1.94 billion
Indonesia is also a significant exporter of animal, vegetable, or microbial fats and oils to the US, with a value of $1.94 billion. This category includes products such as palm oil, coconut oil, and animal fats.
5. Footwear (HS Code 64): $1.92 billion
Footwear is another major export category from Indonesia to the US, with a total value of $1.92 billion. This includes various types of footwear such as shoes, sandals, and boots.
6. Rubber and articles thereof (HS Code 40): $1.63 billion
Rubber and articles thereof are enormous Indonesian exports to the US, with a price of $1.63 billion. This category consists of products including tires, rubber gloves, and rubber bands.
7. Furniture bedding and mattresses (HS Code 94): $1.30 billion
Another vital export category from Indonesia to the USA is furniture, bedding, and mattresses, worth $1.30 billion. This includes objects together with wood fixtures, bedding sets, decorative furniture, and mattresses.
8. Fish and Seafood (HS Code 03): $1.08 billion
Fish and seafood products are also considerable Indonesian exports to the US, with a complete price of $1.08 billion. This class includes loads of clean and frozen seafood consisting of shrimp, tuna, and crab.
9. Preparations of meat, fish, and seafood (HS Code16): $809.48 million
Preparations of meat, fish, and seafood are valued Indonesian exports to the US, with a total value of $809.48 million. This class includes processed meal gadgets which include canned fish, frozen meat, and seafood snacks.
10. Nuclear reactors and equipment (HS Code 84): $797.69 million
Lastly, Indonesia exports nuclear reactors and equipment to the USA, with a total price of $797.69 million. This category includes objects such as business machinery, generators, and turbines.
Conclusion
In conclusion, the foremost and major Indonesian exports to the US cover a wide variety of products, reflecting the nation’s sturdy manufacturing skills and competitive area inside the international marketplace. By specializing in nice, innovation, and sustainability, Indonesian exporters keep reinforcing their position within the US marketplace, contributing to the growth of each economy.