Indonesia recorded US$798,000 in imports from North Korea as of December 2022. This figure represents a 95.11% increase compared to the previous year's imports of US$409,000.
Indonesia's trade record with North Korea shows a significant decrease in imports over the past 10 years. The lowest import value was US$409,000, while the highest reached US$13,635,000.
Of the 97 products (two-digit HS codes) imported from North Korea, 39 products were worth more than one billion dollars. Most of the imported products from North Korea are also imported from other countries, with 12 products in common.
The following is a list of the top five products Indonesia imported from North Korea. This list is ordered from highest to lowest transaction value.
1. Aircraft, spacecraft, and parts thereof
Aircraft, spacecraft, and parts thereof, under the Trademap classification, fall under HS code 88. Imports of this product from North Korea ranked first. Indonesia imported US$335,000 worth of these products. No imports were recorded from this country the previous year.
2. Knit or crocheted fabrics
Second, Indonesia's largest imports were Knit or crocheted fabrics. Imports from North Korea in 2022 totaled US$107,000. No imports were recorded from this country the previous year.
3. Plastics and articles thereof
Indonesia imported a significant amount of Plastics and articles thereof from North Korea. Imports of this product totaled US$104,000. This represents an increase compared to the previous period, which recorded US$60,000. Imports of Plastics and articles thereof from North Korea ranked 65th. Besides North Korea, the largest imports of Plastics and articles thereof came from China, Mali, Thailand, Singapore, and the Republic of Korea. Indonesia also imported this product from 113 countries.
4. Nuclear reactors, boilers, machinery and mechanical appliances
This product was sourced from 156 countries. Imports of Nuclear reactors, boilers, machinery and mechanical appliances from North Korea ranked 83rd. In 2022, Indonesia recorded imports of US$92,000. Besides North Korea, the largest imports of Nuclear reactors, boilers, machinery and mechanical appliances came from Mali, China, Japan, Thailand, and the United States.
5. Electrical machinery and equipment and parts thereof
Indonesia also imported US$84,000 worth of Electrical machinery and equipment and parts thereof from North Korea. This represents an increase compared to the previous period, which recorded US$63,000. Indonesia imported this product from 147 countries. Imports of Electrical machinery and equipment and parts thereof from North Korea ranked 84th. The five other major sources of imports for Electrical machinery and equipment and parts thereof were China, Mali, Singapore, the Republic of Korea, and Japan.