Indonesia's Aluminum Imports from Georgia Drop to US$0.84 Million

Indonesia recorded imports from Georgia totaling US$1.34 million as of December 2023. This represents a drastic 17.82% decrease compared to the previous year's imports of US$1.63 million.

Indonesia's trade record with Georgia shows a significant decline in imports over the past 10 years. The lowest import value was US$0.27 million, while the highest reached US$6.58 million.

Of the 97 products (two-digit HS codes) imported from Georgia, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 19 main products annually from this country. This indicates a considerable dependence on these imported products. The remaining products are largely imported from other countries as well.

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

1. Aluminum

Aluminum, under HS code 76, is the top import from Georgia, totaling US$0.84 million. This is lower than the previous period's US$1,161,000.

2. Nuclear reactors, boilers, machinery and mechanical appliances

Second, Indonesia's largest import is nuclear reactors, boilers, machinery and mechanical appliances. Imports from Georgia in 2023 totaled US$94,000, an increase compared to the previous year's US$78,000.

3. Garments and clothing accessories, knitted or crocheted

Indonesia also imported US$68,000 worth of knitted or crocheted garments and clothing accessories from Georgia. This represents an increase compared to the previous year's US$60,000. Trademap data shows Indonesia imports these products from 4 countries, with Georgia being the largest supplier. The other five major suppliers are China, Vietnam, Germany, Italy, and Turkey.

4. Raw hides and skins (other than furskins) and leather

Indonesia also imported a significant amount of raw hides and skins (other than furskins) and leather from Georgia, valued at US$65,000 in 2023. There were no recorded imports from Georgia in the previous year. Trademap data shows Indonesia imports these products from 4 countries, with Georgia being the largest supplier. The other top five suppliers are Italy, the United States, Brazil, China, and Spain.

5. Garments and clothing accessories, not knitted or crocheted

Imports of non-knitted or crocheted garments and clothing accessories from Georgia are currently the largest. Indonesia imported US$52,000 worth of these products. Other major suppliers of these products are China, Italy, Vietnam, Germany, and France.