Indonesia's Tobacco Import Value Increased in 2023 Despite Volume Decline

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Cindy Mutia Annur 15/03/2024 15:34 WIB

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According to the Central Bureau of Statistics (BPS), Indonesia's tobacco import value increased in 2023, despite a decrease in volume.

Value and Volume of Tobacco Imports into Indonesia (2019-2023)

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Value and Volume of Tobacco Imports into Indonesia (2019-2023)

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According to the Central Statistics Agency (BPS) report, in 2023 the value of tobacco imports to Indonesia increased by 13.62% (year-on-year/yoy) to US$941.3 million.

However, the import volume decreased by 2.81% (yoy) to 160.1 thousand tons.

The value of tobacco imports to Indonesia has also tended to increase over the past five years, although it fell slightly at the beginning of the pandemic.

Since 2019, the highest value of tobacco imports was recorded in 2023, while the lowest was in 2020.

Meanwhile, the volume of tobacco imports to Indonesia was highest in 2022 and lowest in 2019.

In 2023, China was the largest source country for tobacco imports, with a value of US$212.42 million, equivalent to 22.56% of the total imports.

Brazil was second with tobacco imports to Indonesia valued at US$147.24 million (15.64%), followed by India at US$81.59 million (8.67%).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."