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Indonesia recorded imports from Barbados totaling US$0.11 million as of December 2023. This figure represents a 24.5% decrease compared to the previous year's imports of US$0.15 million.
Indonesia's trade record with Barbados shows an upward trend in imports over the past 10 years. The lowest import value was US$11,000, while the highest reached US$0.26 million.
Of the 97 products (two-digit HS codes) imported from Barbados, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports four main products from this country annually. 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 Indonesia imported from Barbados, ordered from highest to lowest transaction value:
1. Plastics
Indonesia imported a significant amount of plastics. In the Trademap classification, plastics fall under HS code 39. In 2023, Indonesia imported US$58,000 worth of plastics. This is lower than the previous period's US$59,000.
2. Machinery, equipment, and electrical parts
Indonesia's second largest import was machinery, equipment, and electrical parts. Imports from Barbados in 2023 totaled US$40,000, an increase from the previous year's US$24,000.
3. Optical, photographic, cinematographic, measuring, checking, precision, medical, or surgical instruments and apparatus
Indonesia imported a significant amount of optical, photographic, cinematographic, measuring, checking, precision, medical, or surgical instruments and apparatus from Barbados. Imports totaled US$14,000. No imports were recorded from Barbados the previous year. Barbados is currently the largest supplier of these products to Indonesia. Other top five suppliers include the United States, Germany, China, the Netherlands, and Japan.
4. Live animals
Indonesia imported this product from a single country. Imports of live animals from Barbados were the largest. In 2023, Indonesia imported US$2,000 worth of live animals. Other top five suppliers include France, the Netherlands, Canada, Denmark, and Germany.
5. Other base metals
Indonesia also imported other base metals from Barbados. The value of these imports was US$0. No imports were recorded from Barbados the previous year. Barbados is currently the largest supplier of these products to Indonesia. Other top five suppliers include China, the United States, Germany, the United Kingdom, and Japan.
"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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