Indonesia recorded exports to Estonia worth USD 394.68 million as of December 2023, marking a 27.37% increase compared to the previous year’s export value of USD 309.87 million. Over the past decade, Indonesia's trade with Estonia has shown a consistent upward trend, with 2023 setting a new record for the highest export value.
Among the 97 products (HS two-digit codes) exported to Estonia, 35 products had a value exceeding one billion dollars. According to Trademap data, there are 37 main products that Indonesia exports to Estonia annually, making them key export items for the country. These include products that are also widely exported to other countries. The top five Indonesian exports to Estonia are as follows: animal fats and oils, cocoa preparations, iron or steel, vehicles and parts, and soaps and detergents. Notably, animal fats and oils topped the list with an export value of USD 276.34 million in 2023, followed by cocoa preparations with USD 76.64 million, and iron or steel with USD 29.41 million.
