Indonesia's Main Imports from Bosnia and Herzegovina in 2023
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Indonesia recorded US$3.13 million in imports from Bosnia and Herzegovina as of December 2023. This figure represents a 170.12% increase compared to the previous year's imports of US$1.16 million.
Indonesia's trade record with Bosnia and Herzegovina shows a drastic reduction in imports over the past 10 years. The lowest import value was US$0.32 million, while the highest reached US$15.96 million.
Of the 97 products (two-digit HS codes) imported from Bosnia and Herzegovina, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 24 main products annually from this country. This indicates a significant dependence on these imported products. The remaining imports consist largely of products also imported from other countries.
The following is a list of the top five products Indonesia imported from Bosnia and Herzegovina, ordered from highest to lowest transaction value.
- Electrical machinery, equipment, and parts
- Nuclear reactors, boilers, machinery and mechanical appliances
- Raw hides and skins (other than furskins) and leather
- Footwear, gaiters and the like
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Indonesia imported a significant amount of electrical machinery, equipment, and parts. In the Trademap classification, this falls under HS code 85. This product category is grouped together with sound recording and reproducing apparatus, television receivers.
In 2023, Indonesia imported US$2.02 million worth of these goods. This represents an increase compared to the previous period's US$153,000.
Second on the list is nuclear reactors, boilers, machinery and mechanical appliances. Imports from Bosnia and Herzegovina in 2023 totaled US$0.54 million. This is an increase compared to the previous period's US$506,000.
For products under HS code 41, Indonesia imported US$0.14 million worth of raw hides and skins (other than furskins) and leather. Besides Bosnia and Herzegovina, Indonesia also relies on imports of raw hides and skins (other than furskins) and leather from Italy, the United States, Brazil, China, and Spain. In addition to these major countries, Indonesia imported this product from four other countries.
Imports of footwear, gaiters and the like from Bosnia and Herzegovina are currently among the largest. Indonesia imported US$0.14 million worth of these goods from the country. Other major suppliers of footwear, gaiters and the like include China, Vietnam, Italy, Germany, and Belgium.
Indonesia also imported a significant amount of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Bosnia and Herzegovina. Imports in 2023 totaled US$78,000. This is lower than the previous period's US$129,000. Trademap data shows Indonesia imports these products from four other countries. Imports from Bosnia and Herzegovina are the largest. Other top five suppliers include the United States, Germany, China, the Netherlands, and Japan.
"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."