Indonesia's Iron Ore Imports from Mauritania Rise to US$21.99 Million
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Indonesia recorded imports from Mauritania worth US$22.06 million as of December 2023. This figure represents a 3,087.57% increase compared to the previous year's imports, which totaled US$0.69 million.
Indonesia's trade record with Mauritania 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 Mauritania, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, six main products are imported annually from Mauritania by Indonesia. This indicates a significant dependence on these imported products. The majority of other imported products are also imported from other countries.
The following is a list of the top five products imported by Indonesia from Mauritania, ordered from highest to lowest transaction value.
1. Ores, slag, and ash
Indonesia imported a significant amount of Ores, slag, and ash. In the Trademap classification, Ores, slag, and ash fall under the HS code 26. In 2023, Indonesia imported US$21.99 million worth of these products. This represents an increase compared to the previous period, which recorded US$36,000.
2. Iron and steel
Indonesia's second largest import from Mauritania was Iron and steel. The import value in 2023 was US$33,000. No imports were recorded from Mauritania in the previous year.
3. Nuclear reactors, boilers, machinery and mechanical appliances
Imports of Nuclear reactors, boilers, machinery and mechanical appliances from Mauritania are currently the largest. Indonesia imported US$21,000 worth of these products. Other major suppliers of Nuclear reactors, boilers, machinery and mechanical appliances to Indonesia include China, Germany, the United States, Japan, and Italy.
4. Electrical machinery, equipment and parts
Indonesia also imported a significant amount of Electrical machinery, equipment and parts from Mauritania, valued at US$5,000. No imports were recorded from Mauritania in the previous year. Currently, Mauritania is the largest supplier of Electrical machinery, equipment and parts to Indonesia. Other top five suppliers include China, Hong Kong, China, Taipei, China, the United States, and Germany.
5. Railway locomotives or trams, railway equipment and parts
Indonesia imported US$5,000 worth of Railway locomotives or trams, railway equipment and parts from Mauritania. No imports were recorded from Mauritania in the previous year. Trademap data shows that Indonesia imports Railway locomotives or trams, railway equipment and parts from four countries. Mauritania is the largest supplier of this product to Indonesia. Other top five suppliers include China, Mexico, the United States, Germany, and Spain.
"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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