Indonesia recorded exports with Mongolia of USD 23.2 million as of December 2020. This value increased by 88.87% compared to the previous year's exports which were recorded at USD 12.29 million. Indonesia's trade track record with Mongolia, exports in the last 10 years are in an upward trend. The year 2020 is a historical record with the highest record export value. Of the total 97 products (double-digit HS code) exported to Mongolia, 0.03 thousand products are worth more than one billion dollars. Most of the products exported to this place are product exports which are also widely exported to other countries, the number of which is recorded at 0.03 thousand products. The following is a list of the five main products that Indonesia exports to Mongolia. This order is arranged starting from the transaction with the largest value.
1. Vehicles other than stock trains or trams, and their parts and accessories
Vehicles other than stock trains or trams, and their spare parts and accessories are in the product category with HS code 87. Exports of these products to Mongolia are in first place. Indonesia exported USD 12,275,000. The export value of vehicles other than the stock of trains or trams, and their spare parts and accessories increased compared to the previous period which was recorded at USD 4,044 thousand.
2. Pharmaceutical products
In second place, Indonesia's exports are mostly pharmaceutical products. The value of exports from Mongolia in 2020 was recorded at USD 3,960 thousand. This figure increased compared to the previous period which was recorded at USD 3,258 thousand.
3. Machinery, mechanical equipment, nuclear reactors, boilers
In the next order. Included in HS code 84, Machinery, mechanical equipment, nuclear reactors, boilers are a group of export goods that are categorized together with and their parts. Indonesia exported USD 2,099 thousand, an increase compared to the previous period which was recorded at USD 153 thousand. Trademap data shows that Indonesia's trade activities export machinery, mechanical equipment, nuclear reactors, boilers to 151 countries. Exports of Machinery, mechanical equipment, nuclear reactors, boilers to this country are at number 70. Five other countries that become sources of exports of Machinery, mechanical equipment, nuclear reactors, boilers are Singapore, the United States, Japan, Thailand and Germany.
4. Soaps, organic surface active agents, washing preparations, lubricant preparations, artificial..
Soap exports, organic surface active agents, washing preparations, lubricant preparations, artificial... to this country are at number 78. In 2020, Indonesia was recorded to have exported USD 1,658 thousand. In addition to these countries, the largest exports of Soaps, organic surface active agents, washing preparations, lubricant preparations, artificial.. with destinations to Malaysia, Philippines, India, China and Thailand.
5. Electrical machinery and equipment and their parts
Indonesia is also noted for exporting a lot of machinery and electrical equipment and parts thereof to Mongolia. The export value of this product in 2020 is USD 830 thousand. This amount increased compared to the previous period which was recorded at USD 591 thousand. Trademap data shows that Indonesia's trade activities export Machinery and electrical equipment and their parts to 158 countries. Exports of machinery and electrical equipment and their parts to this country are in the order of 95. Other countries that enter the top five export destinations are the United States, Singapore, Japan, Hong Kong, China and Thailand.
