Indonesia Imported the Most Nuclear Reactors from Japan in 2023
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Indonesia recorded US$16.52 billion in imports from Japan as of December 2023. This figure represents a significant 3.84% decrease compared to the previous year's imports of US$17.18 billion.
Over the past 10 years, Indonesia's trade record with Japan shows an upward trend in imports. The lowest import value was US$10.67 billion, while the highest reached US$17.98 billion.
Of the 97 products (two-digit HS codes) imported from Japan, 52 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 96 main products annually from Japan. This indicates a considerable dependence on these imported products. Many of the remaining products are also imported from other countries.
The following is a list of the top five products imported by Indonesia from Japan, ordered from highest to lowest transaction value.
- Nuclear reactors, boilers, machinery and mechanical appliances
- Vehicles other than railway or tramway rolling-stock, and parts and accessories
- Iron and steel
- Electrical machinery and equipment and parts
- Commodities not specified elsewhere
Falling under HS code 84, Nuclear reactors, boilers, machinery and mechanical appliances are a group of imported goods categorized together. Imports of this product from Japan ranked first, with Indonesia importing US$3.53 billion. This represents an increase compared to the previous period's US$3.49 billion.
Second on the list, Indonesia's largest imports were Vehicles other than railway or tramway rolling-stock, and parts and accessories. Imports from Japan in 2023 totaled US$2.68 billion, lower than the previous period's US$2.79 billion.
Imports of Iron and steel from Japan are currently the largest. Indonesia imported US$2.4 billion from Japan. Other major suppliers of Iron and steel include China, Germany, Indonesia, and the Republic of Korea.
Indonesia imported this product from a single country. Imports of Electrical machinery and equipment and parts from Japan were the largest. In 2023, Indonesia imported US$1.48 billion worth. Other top five suppliers of this product to Indonesia include China, Hong Kong, China, Taipei, China, the United States, and Germany.
Imports of Commodities not specified elsewhere from Japan are currently the largest. Indonesia imported US$821.8 million from Japan. Other major suppliers of Commodities not specified elsewhere include the United States, China, Germany, and Singapore.
"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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