Indonesia's Iron Imports from Oman Rise to US$355.08 Million

Indonesia recorded imports from Oman totaling US$597.66 million as of December 2021. This figure represents a 74.94% increase compared to the previous year's imports of US$341.63 million.

Indonesia's trade record with Oman shows an upward trend in imports over the past 10 years. 2021 marked a historic high with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Oman, 40 products were worth more than one billion dollars. Most imported products from Oman are also imported from other countries, totaling 30 products.

The following is a list of the top five products imported by Indonesia from Oman, ordered from highest to lowest transaction value:

1. Iron and Steel: Iron and steel, classified under HS code 72 in Trademap, ranked first. Indonesia imported US$355.08 million worth of iron and steel from Oman. This represents an increase compared to the previous period's US$281.36 million.

2. Mineral fuels, mineral oils and products of their distillation: Second on the list is mineral fuels, mineral oils and products of their distillation. Imports from Oman in 2021 totaled US$83,858,000. This is an increase compared to the previous period's US$5,920,000.

3. Organic chemicals: Imports of organic chemicals from Oman ranked 13th. In 2021, Indonesia imported US$82,976,000 worth of these chemicals. The largest imports of organic chemicals also come from China, Singapore, Malaysia, India, and Thailand.

4. Salt: Fourth on the list is salt, with Indonesia importing US$29,497,000 from Oman. This represents an increase compared to the previous period's US$19,828,000. Besides Oman, Indonesia also imports salt from China, Jordan, India, Morocco, and Thailand. In addition to these major countries, Indonesia imports this product from 62 other countries.

5. Aluminum and articles thereof: Imports of aluminum and articles thereof from Oman ranked 16th. In 2021, Indonesia imported US$25,519,000. The largest imports of aluminum and articles thereof also come from China, Malaysia, the United States, South Korea, and the United Arab Emirates.