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Iran-Indonesia Trade Hits $1 Billion in 2022: Official

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Iran-Indonesia Trade Hits $1 Billion in 2022: Official​

Iran-Indonesia Trade Hits $1 Billion in 2022: Official

TEHRAN (Tasnim) – The non-oil trade exchanges between Iran and Indonesia in 2022 reached about $1 billion, the spokesperson for the Trade Promotion Commission of Iran’s House of Industry, Mine and Trade said.​

Speaking ahead of a historic visit by President Ebrahim Raisi to Indonesia, Seyed Rouhollah Latifi said that 1,818,558 tons of non-oil commodities, valued at $965,159,626 million, were exchanged between Iran and Indonesia last year.
According to him, Iran exported 1,725,340 tons of products, valued at over $846 million, to Indonesia in 2022.
In this period, Iran imported 93,219 tons of products, valued at over $118 million, from Indonesia.
Regarding Iran’s products exported to Indonesia, Latifi stated that ferrous and steel products accounted for more than 95 percent share of the country’s products exported to this Southeast Asian nation last year.
Dates, raisins, condiments, saffron, marble stones, petro-refinery derivatives, bitumen, chemicals, floorings, medicines, turquoise, plane components, and medical equipment accounted for five percent share of products exported from Iran to this country, he continued.
Latifi pointed to Iran’s exports to Indonesia over the past ten years and added that the maximum volume of the country’s exports to Indonesia was in 1400 (ended March 20, 2022) during the current administration.
Iran exported $1,081,501,000 worth of products to Indonesia from March 21, 2021 to March 20, 2022, the spokesman added.

 
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probably the result would be like deal with china.
more import from Indonesia and less export to the country

We dont know the future, but current trading is in favor of Iran.

Al-Jazeera reporter made mistake, the trading figure is not 200 million USD but 1 billion USD

 
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Indonesia has two main President Palace, one in Jakarta and the other is in Bogor, West Java. The welcome event is held in Bogor Palace, West Java. Iranian President met with Shiah community in Shiah Islamic Center in Jakarta at night.

 
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probably the result would be like deal with china.
more import from Indonesia and less export to the country
Bilateral trade needs balance in import and export, nonetheless, import doesn't increase, just the source changes. Preferential is set to enure this change of source. those who want to comply with US sanctions can't enter this circle, which means stability.
 
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