These are the products Indonesia imported most from Colombia in 2023.
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Indonesia recorded US$24.07 million in imports from Colombia as of December 2023. This value represents a 49.84% decrease compared to the previous year's imports of US$47.98 million.
Indonesia's trade record with Colombia shows an upward trend in imports over the past 10 years. The lowest import value was US$6.05 million, while the highest reached US$47.98 million.
Of the 97 products (two-digit HS codes) imported from Colombia, 41 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 35 main products annually from this country. This indicates a significant dependence on these imported products. The remaining imports consist largely of products also imported from other countries.
The following is a list of the top five products imported by Indonesia from Colombia, ordered from highest to lowest transaction value:
1. Mineral fuels, mineral oils and products of their distillation
Indonesia imports a significant amount of mineral fuels, mineral oils, and products of their distillation. In the Trademap classification, these fall under HS code 27. This product category is grouped together with bituminous substances and mineral waxes. In 2023, Indonesia imported US$14.06 million worth of these products. This is lower than the previous period's US$34.95 million.
2. Other chemical products
Indonesia's imports of other chemical products from Colombia totaled US$2.98 million in 2023. This is lower than the previous period's US$3.041 million.
3. Organic chemicals
Indonesia imported US$2.53 million worth of organic chemicals from Colombia. This is lower than the previous period's US$4.448 million. Colombia is the largest supplier of this product to Indonesia. Other top five suppliers include China, the United States, Ireland, Switzerland, and Belgium.
4. Pharmaceutical products
Colombia is currently Indonesia's largest supplier of pharmaceutical products, with imports totaling US$1.62 million. Other major suppliers include Germany, Switzerland, the United States, Belgium, and Ireland.
5. Coffee, tea, maté, and spices
Indonesia's imports of coffee, tea, maté, and spices come primarily from Colombia, which is the largest supplier. In 2023, Indonesia imported US$0.77 million worth of these products. Other top five suppliers include Brazil, Vietnam, India, Germany, and China.
"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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