Indonesia recorded imports from the Netherlands totaling US$846.12 million as of December 2021. This figure represents a 5.2% increase compared to the previous year's imports of US$804.33 million.
Indonesia's trade record with the Netherlands shows a significant decline in imports over the past 10 years. The lowest import value was US$723.62 million, while the highest reached US$1.24 billion.
Of the 97 products (two-digit HS codes) imported from the Netherlands, 70 products were worth more than one billion dollars. Most imported products from the Netherlands are also imported from other countries, totaling 90 products.
The following is a list of the top five products imported by Indonesia from the Netherlands, ordered from highest to lowest transaction value:
1. Machinery, mechanical appliances, nuclear reactors, boilers
Indonesia imported a significant amount of Machinery, mechanical appliances, nuclear reactors, boilers. In the tradmap classification, these fall under HS code 84. This product category is grouped together with its parts. In 2021, Indonesia imported US$135.26 million worth. This is lower than the previous period's US$138.96 million.
2. Pharmaceutical products
Pharmaceutical products, under HS code 30, were imported for a value of US$78,966,000.
3. Plastics and articles thereof
Imports of Plastics and articles thereof from the Netherlands ranked 15th. In 2021, Indonesia imported US$74,231,000. Other top five suppliers of this product to Indonesia include China, Thailand, Singapore, South Korea, and Malaysia.
4. Wood pulp or other fibrous cellulosic materials
This product is sourced from 38 countries. Imports of Wood pulp or other fibrous cellulosic materials from the Netherlands ranked tenth. In 2021, Indonesia imported US$65,307,000. Other top five suppliers of this product to Indonesia include the United States, Canada, Italy, the United Kingdom, and New Zealand.
5. Electrical machinery and equipment and parts thereof
Indonesia also imported a significant amount of Electrical machinery and equipment and parts thereof from the Netherlands. The value of these imports in 2021 was US$60,202,000, lower than the previous period's US$66,186,000. Imports of Electrical machinery and equipment and parts thereof from the Netherlands ranked 19th. Besides the Netherlands, the largest imports of this product come from China, Singapore, Taiwan, Japan, and South Korea. Indonesia also imports this product from 142 countries.