Indonesia Imported the Most Mineral Fuels from Greece in 2023
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Indonesia recorded imports from Greece totaling US$115.01 million as of December 2023. This figure represents a 21.7% increase compared to the previous year's imports, which were recorded at US$94.51 million.
Indonesia's trade record with Greece shows an upward trend in imports over the past 10 years. 2023 marks a historical record with the highest import value ever recorded.
Of the 97 products (two-digit HS codes) imported from Greece, 43 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 54 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 imported by Indonesia from Greece. This list is ordered from highest to lowest transaction value.
1. Mineral fuels, mineral oils and products of their distillation
Indonesia imported a significant amount of Mineral fuels, mineral oils and products of their distillation. In the Trademap classification, mineral fuels, mineral oils and products of their distillation fall under HS code 27. This product category is grouped together with bituminous substances and mineral waxes.
In 2023, Indonesia imported US$41.04 million worth of these products. The import value of mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes increased compared to the previous period, which recorded US$1,000.
2. Cotton
Cotton, under the Trademap classification, falls under HS code 52. Indonesia imported US$35.23 million worth of cotton.
3. Tobacco and manufactured substitutes for tobacco
Indonesia also imported a significant amount of Tobacco and manufactured substitutes for tobacco from Greece. The import value of this product in 2023 was US$10 million. This figure increased compared to the previous period, which recorded US$3,527,000. Imports of Tobacco and manufactured substitutes for tobacco from Greece were the largest. The five other countries that are major suppliers of Tobacco and manufactured substitutes for tobacco are China, the United Arab Emirates, Poland, Germany, and Brazil.
4. Pulp of wood or of other fibrous cellulosic material
Imports of Pulp of wood or of other fibrous cellulosic material from Greece were the largest. In 2023, Indonesia imported US$9.7 million worth of this product. The five other countries that are major suppliers of Pulp of wood or of other fibrous cellulosic material are the United States, Brazil, Canada, Indonesia, and Sweden.
5. Aluminum
Aluminum falls under the product category with HS code 76. From Greece, Indonesia imported US$5.03 million worth of aluminum. Indonesia imported this product from only one country. Imports of Aluminum from Greece were the largest. Other countries in the top five suppliers of this imported product to Indonesia are China, Germany, the United States, Canada, and Italy.
"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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