Indonesia recorded imports from the United Arab Emirates (UAE) totaling US$2.14 billion as of December 2021. This figure represents a 27.33% increase compared to the previous year's imports, which were recorded at US$1.68 billion.
Indonesia's trade record with the UAE shows an upward trend in imports over the past 10 years. The lowest import value was US$1.32 billion, while the highest reached US$2.18 billion.
Of the 97 products (two-digit HS codes) imported from the UAE, 40 products were worth more than one billion dollars. Most imported products from the UAE are also imported from other countries, totaling 80 products.
The following is a list of the top five products imported by Indonesia from the UAE, ordered from highest to lowest transaction value:
1. Mineral fuels, mineral oils and products of their distillation
Falling under HS code 27, mineral fuels, mineral oils and products of their distillation are a group of imported goods categorized together with bituminous substances and mineral waxes. Imports of this product from the UAE ranked first. Indonesia imported US$1.38 billion worth. Imports of mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes increased compared to the previous period, which was recorded at US$1.13 billion.
2. Iron and steel
Second, Indonesia's largest imports were iron and steel products. Imports from the UAE in 2021 totaled US$213.38 million. This figure is up from the previous period, which was recorded at US$149.37 million.
3. Aluminum and articles thereof
Third, Indonesia also imported US$117.59 million worth of aluminum and articles thereof from the UAE. Imports of this product increased compared to the previous period, which was recorded at US$52,829,000. Trademap data shows Indonesia's trade activity importing aluminum and articles thereof from 64 countries. Imports of aluminum and articles thereof from the UAE ranked fifth. The other five countries that are sources of aluminum and articles thereof imports are China, Malaysia, the United States, and the Republic of Korea.
4. Plastics and articles thereof
Indonesia also imported a significant amount of plastics and articles thereof from the UAE. Imports of this product totaled US$87,935,000. This amount increased compared to the previous period, which was recorded at US$77,465,000. Trademap data shows Indonesia's trade activity importing plastics and articles thereof from 99 countries. Imports of plastics and articles thereof from the UAE ranked 14th. Other countries in the top five suppliers of these imported products to Indonesia are China, Thailand, Singapore, the Republic of Korea, and Malaysia.
5. Natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals…
Indonesia imported this product from 62 countries. Imports of natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals… from the UAE ranked sixth. In 2021, Indonesia recorded imports worth US$71,796,000. The other five countries that are sources of imports of natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals… are Hong Kong, China, Singapore, Japan, Switzerland, and the Republic of Korea.