Indonesia Imports the Most Machinery from Hungary

Indonesia recorded imports from Hungary totaling US$131.19 million as of December 2020. This figure represents a 31.85% increase compared to the previous year's imports of US$99.5 million.

Indonesia's trade record with Hungary shows a significant decline in imports over the past 10 years. The lowest import value was US$61.45 million, while the highest reached US$341.17 million.

Of the 97 products (two-digit HS codes) imported from Hungary, 0.03 thousand products were worth more than one billion dollars. Most imported products from Hungary are also imported from other countries, totaling 0.05 thousand products.

The following is a list of the top five products imported by Indonesia from Hungary, ordered from highest to lowest transaction value:

1. Electrical machinery and equipment and parts

Indonesia imported a significant amount of Electrical machinery and equipment and parts. In the tradmap classification, this falls under HS code 85. This product category is grouped with Sound recorders and reproducers, television... In 2020, Indonesia imported US$72,140 thousand. Imports of Electrical machinery and equipment and parts; Sound recorders and reproducers, television... increased compared to the previous period, which recorded US$22,567 thousand.

2. Machinery, mechanical appliances, nuclear reactors, boilers

Second, Indonesia's largest imports were Machinery, mechanical appliances, nuclear reactors, boilers. Imports from Hungary in 2020 totaled US$26,210 thousand. This figure is lower than the previous period, which reached US$48,702 thousand.

3. Other Chemical Products

Indonesia imported this product from 77 countries. Imports of Other Chemical Products from Hungary ranked 28th. In 2020, Indonesia imported US$5,712 thousand. Five other countries that were sources of Other Chemical Products imports were China, Japan, Korea, Republic of, the United States, and Singapore.

4. Optics, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus

Indonesia imported this product from 116 countries. Imports of Optics, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Hungary ranked 34th. In 2020, Indonesia imported US$5,042 thousand. Five other countries that were sources of imports of Optics, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus were China, the United States, Japan, Singapore, and Germany.

5. Manufactured tobacco and tobacco substitutes

For this product, Indonesia imported a significant amount of Manufactured tobacco and tobacco substitutes from Hungary. Imports of this product totaled US$4,114 thousand. This figure increased compared to the previous period, which recorded US$793 thousand. Imports of Manufactured tobacco and tobacco substitutes from Hungary ranked 20th. Five other countries that were sources of Manufactured tobacco and tobacco substitutes imports were China, Brazil, Zimbabwe, the United States, and Singapore.