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Which items does Vietnam export the most to Indonesian market? 

 Thursday, October 3,2024

AsemconnectVietnam - In the first 8 months of 2024, exports of goods to Indonesian market reached 4.1 billion USD, an increase of 23.6% over the same period last year.

According to statistics from General Department of Customs, Vietnam's goods exports to Indonesian market in August 2024 reached 683.7 million USD, up 41.03% over the previous month. In the first 8 months of 2024, it reached 4.1 billion USD, up 23.6% over the same period last year.
In the first 8 months of 2024, rice led export turnover to Indonesian market, reaching 557.7 million USD, up 54.4% over the same period last year, accounting for 13.4% of export proportion. Next is machinery, equipment, tools and spare parts, reaching 321.5 million USD, up 28.5%, accounting for 7.7% of export proportion.
Vietnam exported textiles and garments to this market, earning 291.9 million USD, up 15.55% over the same period last year, accounting for 7.03% of export proportion.
In raw material group, Vietnam exported iron and steel to Indonesia with a turnover of nearly 289 million USD, down 5.87% over the same period, accounting for 6.96% of proportion.
In addition, Vietnam also exported plastic raw materials to Indonesia with 257 million USD, up 34.17% over the same period last year, accounting for 6.19% of proportion; means of transport and spare parts reached 252 million USD, up 2.11% over the same period last year, accounting for 6.07% of proportion.
In agricultural and aquatic products group, Vietnam exported coffee to Indonesia with a turnover of 180.3 million USD, up 92.2% over the same period last year, accounting for 4.34% of proportion. Rice and coffee are currently two main items in this group exported to Indonesia.
In addition, Vietnam also exported seafood to this market with 10.6 million USD, down 16.37% over the same period last year; vegetables and fruits with 5.6 million USD, up 0.27% over the same period last year; tea with 7.46 million USD, up sharply by 100.9% over the same period, coal of all kinds with 10.056 million USD, up 374.6% over the same period, petroleum of all kinds with 1.67 million USD, up 621% over the same period...
In the first 8 months of 2024, some items had export turnover growth compared to the same period last year: Coffee increased by 92.2%; chemicals increased by 169.6%; rubber increased by 70%; tea increased by 100.9%; coal increased by 374.6%.
Indonesia has become a key and extremely potential market in Asia in particular and the world in general. Consumption of goods and products by Indonesian people is very large, especially Halal products - a market with many opportunities to increase export turnover.
Goods that Vietnam exports to Indonesia are rice, seafood, coffee, chemical products, plastic raw materials, footwear of all kinds, textile raw materials, leather shoes, iron and steel of all kinds, etc. Group of computers, electronic products and components is the leading group in terms of export turnover to the Indonesian market. Vietnamese goods are also gradually asserting their position in Indonesian market with export turnover value increasing over time.

Source: Vitic/ congthuong.vn
 

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