Indonesia Imported a US$36.93 Million Nuclear Reactor from Hungary in 2023

Indonesia recorded imports from Hungary worth US$105.83 million as of December 2023. This figure shows a 37.07% decrease compared to the previous year's imports, which were recorded at US$168.18 million.

Indonesia's trade record with Hungary shows an upward trend in imports over the past 10 years. The lowest Indonesian import value was US$61.45 million, while the highest was US$168.18 million.

Of the 97 products (two-digit HS codes) imported from Hungary, 43 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 58 main products from this country annually. This indicates a significant dependence on these imported products. The remaining products are mostly imported from other countries as well.

The following is a list of the five main products imported by Indonesia from Hungary. This list is ordered from the highest to lowest transaction value.

1. Nuclear reactors, boilers, machinery and mechanical appliances



Indonesia imported a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances. In the Trademap classification, Nuclear reactors, boilers, machinery and mechanical appliances fall under the HS code 84. This type of import is grouped together with Parts.




In 2023, Indonesia imported US$36.93 million worth of these products. The import value of Nuclear reactors, boilers, machinery and mechanical appliances; Parts was lower compared to the previous period, which reached US$57,544,000.


2. Electrical machinery and equipment and parts





Second, Indonesia's largest imports were Electrical machinery and equipment and parts. Imports from Hungary in 2023 were recorded at US$27.47 million. This figure is lower than the previous period, which reached US$41,130,000.


3. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus



In the Trademap classification, Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus fall under the HS code 90. Indonesia imported US$9.39 million worth of these products from Hungary. Besides Hungary, Indonesia also relies on imports of Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from the United States, Germany, China, the Netherlands, and Japan. In addition to these main countries, Indonesia imported this product from 4 other countries.


4. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof



Indonesia imported this product from one country. Imports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof from this country were the largest. In 2023, Indonesia recorded imports worth US$5.97 million. Five other countries that were sources of imports of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof were Germany, China, Japan, Mexico, and the United States.


5. Manufactured tobacco and tobacco substitutes



Imports of Manufactured tobacco and tobacco substitutes from Hungary are currently the largest. From this country, Indonesia imported US$5.9 million worth of these products. Other countries that are major sources of imports of Manufactured tobacco and tobacco substitutes are China, the United Arab Emirates, Poland, Germany, and Brazil.