Indonesia recorded US$307.31 million in imports from Mexico as of December 2021. This figure represents a 14.05% increase compared to the previous year's imports of US$269.46 million.
Indonesia's trade record with Mexico shows a significant decrease in imports over the past 10 years. The lowest import value was US$176.95 million, while the highest reached US$568.44 million.
Of the 97 products (two-digit HS codes) imported from Mexico, 60 products were worth more than one billion dollars. Most imported products from Mexico are also imported from other countries, totaling 70 products.
The following is a list of the top five products imported by Indonesia from Mexico, ordered from highest to lowest transaction value:
1. Machinery, mechanical appliances, nuclear reactors, boilers
Indonesia imported a significant amount of Machinery, mechanical appliances, nuclear reactors, boilers. In the Trademap classification, this falls under HS code 84. This product category is grouped together with its parts. In 2021, Indonesia imported US$79,118,000. This represents an increase compared to the previous period's US$59,044,000.
2. Electrical machinery and equipment and parts thereof
Falling under HS code 85, Electrical machinery and equipment and parts thereof are grouped together with sound recorders and reproducers, television... Indonesia imported US$74,827,000 worth of these products from Mexico.
3. Copper and articles thereof
Under the Trademap classification, Copper and articles thereof fall under HS code 74. Indonesia imported US$27,000,000, an increase compared to the previous period's US$13,433,000. Besides Mexico, Indonesia also imports Copper and articles thereof from China, Japan, Korea, Thailand, and Malaysia. In addition to these main countries, Indonesia imports this product from 61 other countries.
4. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Indonesia imports this product from 109 countries. Imports of Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Mexico ranked 22nd. In 2021, Indonesia imported US$19,351,000. Besides Mexico, the largest imports of this product come from China, Japan, the United States, Singapore, and Germany.
5. Organic chemicals
Indonesia also imports a significant amount of Organic chemicals from Mexico. The import value was US$12,522,000, an increase compared to the previous period's US$9,486,000. Besides Mexico, Indonesia also imports Organic chemicals from China, Singapore, Malaysia, India, and Thailand. In addition to these main countries, Indonesia imports this product from 67 other countries.