Import of Indonesian Clothing and Apparel Accessories from Nicaragua Falls to US$8,000

Indonesia recorded imports from Nicaragua totaling US$16,000 as of December 2021. This figure represents a drastic 86.21% decrease compared to the previous year's imports, which were recorded at US$120,000.

Indonesia's trade record with Nicaragua shows a significant reduction in imports over the past 10 years. The lowest import value was US$16,000, while the highest reached US$3.8 million.

Of the 97 products (two-digit HS codes) imported from Nicaragua, 0.04 thousand products were worth more than one billion dollars. Most imported products from Nicaragua are also imported from other countries; five products fall into this category.

The following is a list of the five main products imported by Indonesia from Nicaragua, ordered from highest to lowest transaction value:

1. Articles of apparel and clothing accessories, knitted or crocheted.

Indonesia imported a significant amount of knitted or crocheted apparel and clothing accessories. In the Trademap classification, these articles fall under HS code 61. In 2021, Indonesia imported US$8,000 worth of these goods. This is lower than the previous period's US$48,000.

2. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof.

These products, under HS code 87, totaled US$3,000 in imports to Indonesia.

3. Articles of apparel and clothing accessories, not knitted or crocheted.

Indonesia imported US$2,000 worth of non-knitted or crocheted apparel and clothing accessories from Nicaragua. This figure is unchanged from the previous period. Indonesia imports this product from 95 countries. Nicaragua ranked 74th among Indonesia's suppliers of this product. Other top five suppliers include China, Bangladesh, Hong Kong, China, Vietnam, and Morocco.

4. Electrical machinery and equipment and parts thereof.

Indonesia imported US$1,000 worth of electrical machinery and equipment and parts thereof from Nicaragua. This is lower than the previous period's US$3,000. Trademap data shows Indonesia imports these products from 142 countries. Nicaragua ranked 142nd. Other top five suppliers include China, Singapore, Taipei, China, Japan, and the Republic of Korea.

5. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus.

Indonesia imported US$1,000 worth of these products (HS code 90). Besides Nicaragua, Indonesia also imports these products from China, Japan, the United States, Singapore, and Germany. In addition to these major countries, Indonesia imports this product from 104 other countries.