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Indonesia recorded US$1.4 billion in imports from South Africa as of December 2023. This figure represents a drastic 35.25% decrease compared to the previous year's imports, which totaled US$2.16 billion.
Over the past 10 years, Indonesia's trade record with South Africa shows a continuous surge in imports. The lowest import value was US$231.94 million, while the highest reached US$2.16 billion.
Of the 97 products (two-digit HS codes) imported from South Africa, 40 products were worth over one billion dollars. Furthermore, according to Trademap data, Indonesia imports 65 main products from this country annually. This indicates a significant dependence on these imported products. Many of the remaining products are also imported from other countries.
The following is a list of the top five products imported by Indonesia from South Africa, ordered from highest to lowest transaction value.
1. Iron and Steel
Iron and steel, under HS code 72, are the top import from South Africa, totaling US$905.56 million. This is lower than the previous period's US$1.77 billion.
2. Ores, slag, and ash
Indonesia imported US$231.27 million worth of ores, slag, and ash (HS code 26) from South Africa.
3. Aircraft, spacecraft, and parts thereof
Imports of aircraft, spacecraft, and parts thereof totaled US$82.66 million, an increase compared to the previous period's US$176,000. Trademap data shows Indonesia imports these products from four countries, with South Africa being the largest supplier. The other five largest suppliers are the United States, France, Germany, the United Kingdom, and Canada.
4. Edible fruits and nuts
Under HS code 08, edible fruits and nuts (including citrus or melon peels) amounted to US$31.63 million. South Africa remains the largest supplier of these products to Indonesia. The other top five suppliers are the United States, Spain, Mexico, the Netherlands, and Vietnam.
5. Arms and ammunition
Under HS code 93, arms and ammunition (including parts and accessories) totaled US$21.55 million. Trademap data shows Indonesia imports these products from four countries, with South Africa being the largest supplier. The other top five suppliers are the United States, Italy, Turkey, the United Kingdom, and Poland.
"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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