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Indonesia recorded imports from Finland totaling US$658.09 million as of December 2023. This figure represents a 33.01% increase compared to the previous year's imports of US$494.77 million.
Indonesia's trade record with Finland shows a significant decrease in imports over the past 10 years. The lowest import value was US$334.33 million, while the highest reached US$668.43 million.
Of the 97 products (two-digit HS codes) imported from Finland, 41 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 58 main products from Finland annually. This indicates a significant dependence on these imported products. Many of the other imported products are also commonly imported from other countries.
The following is a list of the top five products imported by Indonesia from Finland, ordered from highest to lowest transaction value.
- Nuclear reactors, boilers, machinery and mechanical appliances
- Electrical machinery and equipment and parts
- Wood pulp or other fibrous cellulosic materials
- Iron and steel
- Paper and Paperboard
Indonesia imported a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances. In the Trademap classification, these fall under HS code 84. This product category is grouped with Parts.
In 2023, Indonesia imported US$415.95 million worth of these goods. This represents an increase compared to the previous period's recorded value of US$314.49 million.
Falling under HS code 85, Electrical machinery and equipment and parts are categorized together with Sound recorders and reproducers, television. Indonesia imported US$61.53 million.
Imports of Wood pulp or other fibrous cellulosic materials from Finland are currently the largest. Indonesia imported US$43.56 million from this country. Other major suppliers of Wood pulp or other fibrous cellulosic materials include the United States, Brazil, Canada, Indonesia, and Sweden.
Indonesia imported this product from a single country. Imports of Iron and steel from this country are the largest. In 2023, Indonesia imported US$32.85 million. Other top five suppliers of this product to Indonesia include China, Germany, Japan, Indonesia, and the Republic of Korea.
This product is sourced from a single country. Imports of Paper and Paperboard from this country are the largest. In 2023, Indonesia imported US$19.28 million. Other top five suppliers of this product to Indonesia include China, Germany, the United States, Sweden, and Italy.
"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."
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