Indonesia Imports the Most Machinery from Thailand

Indonesia recorded imports from Thailand worth US$6.48 billion as of December 2020. This figure represents a 31.53% decrease compared to the previous year's imports, which totaled US$9.47 billion.

Indonesia's trade record with Thailand shows a significant decline in imports over the past 10 years. The lowest import value was US$6.48 billion, while the highest reached US$11.44 billion.

Of the 97 products (two-digit HS codes) imported from Thailand, 0.04 thousand products were worth more than one billion dollars. Furthermore, according to Trademap data, two main products are imported annually from Thailand. This indicates a significant dependence on these imported products. The majority of other imported products (0.09 thousand) are also imported from other countries.

The following is a list of the top five products imported by Indonesia from Thailand, 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 Trademap classification, these fall under HS code 84. This category includes machinery and its parts. In 2020, Indonesia imported US$1.07 billion worth of these goods, a decrease from the previous period's US$1.61 billion.

2. Plastics and articles thereof

The second largest import from Thailand was Plastics and articles thereof, totaling US$929.6 million in 2020. This is lower than the previous period's US$1.05 billion.

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

Indonesia also imported a substantial amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof from Thailand, valued at US$829.14 million. This is lower than the previous period's US$1.58 billion. Besides Thailand, Indonesia also relies on imports of these vehicles from Japan, China, India, and Brazil. In addition to these major countries, Indonesia imported this product from 84 other countries.

4. Sugar and confectionery

Ranked fourth is Sugar and confectionery (HS code 17), with imports totaling US$713.06 million, down from US$1.18 billion in the previous period. Besides Thailand, Indonesia also imports Sugar and confectionery from Brazil, India, China, and the United States. In addition to these major countries, Indonesia imported this product from 41 other countries.

5. Electrical machinery and equipment and parts thereof

Indonesia imported this product from 139 countries. Imports of Electrical machinery and equipment and parts thereof from Thailand ranked ninth. In 2020, Indonesia imported US$453.79 million worth of these goods. The other five major sources for these imports are China, Singapore, Taipei, China, Japan, and Korea, Republic of.