Indonesia recorded imports from Palau totaling US$3,000 in December 2021. This figure represents a drastic 96.55% decrease compared to the previous year's imports, which totaled US$87,000.
Indonesia's trade record with Palau shows an upward trend in imports over the past 10 years. The lowest import value was US$1,000, while the highest reached US$87,000.
Of the 97 total products (two-digit HS codes) imported from Palau, 0.04 thousand products were valued at over one billion dollars. Most imported products from Palau are also imported from other countries, with only two products falling into this category.
The following is a list of the top five products imported by Indonesia from Palau, 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, this falls under HS code 84. This product category is grouped together with its parts. In 2021, Indonesia imported US$2,000 worth of these goods. This is lower than the previous period, which reached US$10,000.
2. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Second, Indonesia's largest import was Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus. Imports from Palau in 2021 totaled US$1,000. No imports were recorded from Palau the previous year.
3. Textile fabrics impregnated, coated, covered or laminated
Another imported product was Textile fabrics impregnated, coated, covered or laminated, totaling US$0. No imports were recorded from Palau the previous year. Indonesia imported this product from 58 countries. Imports of Textile fabrics impregnated, coated, covered or laminated from Palau ranked 156th. The top five other countries supplying these goods were China, Korea, Republic of, Vietnam, Taipei, China and Hong Kong, China.
4. Copper and articles thereof
Indonesia also imported a significant amount of Copper and articles thereof from Palau. Imports in 2021 were valued at US$0. No imports were recorded from Palau the previous year. Trademap data shows Indonesia imports Copper and articles thereof from 61 countries. Imports from Palau ranked 160th. The other top five suppliers were China, Japan, Korea, Republic of, Thailand, and Malaysia.
5. Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof
Indonesia imported this product from 21 countries. Imports of Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof from Palau ranked 137th. In 2021, Indonesia imported US$0 worth of these goods. Besides Palau, the largest importers of Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof were China, Korea, Republic of, Singapore, Japan, and Cambodia.