Indonesia recorded imports from Finland totaling US$494,775,000 (data as of December 2022). This figure represents a 26.75% increase compared to the previous year's imports, which were recorded at US$390,367,000.
Indonesia's trade record with Finland shows a significant decrease in imports over the past 10 years. The lowest import value was US$334,330,000, while the highest was US$668,427,000.
Of the 97 products (two-digit HS codes) imported from Finland, 42 products were worth more than one billion dollars. Most of the imported products from Finland (61 products) are also imported from other countries.
The following is a list of the top five products imported by Indonesia from Finland, ordered from highest to lowest transaction value:
1. Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS Code 84)
This product group, including parts thereof, ranks first in imports from Finland. Indonesia imported US$314,486,000 worth of these products. This represents an increase compared to the previous period, which recorded US$153,834,000.
2. Electrical machinery and equipment and parts thereof (HS Code 85)
This product group, including sound recorders and reproducers, and television, totaled US$54,840,000 in imports.
3. Wood pulp and other cellulosic fibrous materials
Indonesia also imported a significant amount of wood pulp and other cellulosic fibrous materials from Finland in 2022, totaling US$29,382,000. This is an increase compared to the previous period's US$27,512,000. Besides Finland, Indonesia also imports this product from the United States, Canada, New Zealand, the United Kingdom, and Italy. In addition to these major countries, Indonesia imports this product from 36 other countries.
4. Paper and paperboard
This product is sourced from 72 countries. Imports from Finland ranked 15th. In 2022, Indonesia imported US$24,131,000 worth of paper and paperboard. Besides Finland, the largest imports of paper and paperboard come from China, Mali, Thailand, Vietnam, and the Republic of Korea.
5. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus (HS Code 90)
Indonesia imported US$10,721,000 worth of these products. Besides Finland, Indonesia also imports these products from China, Mali, Japan, the United States, and Singapore. In addition to these major countries, Indonesia imports this product from 101 other countries.