Indonesia imported US$0.59 million worth of waste from the Maldives in 2023.
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Indonesia recorded imports from the Maldives totaling US$0.69 million as of December 2023. This figure represents a 9.95% increase compared to the previous year's imports of US$0.62 million.
Indonesia's trade record with the Maldives shows an upward trend in imports over the past 10 years. The lowest import value was US$1,000, while the highest reached US$1.22 million.
Of the 97 products (two-digit HS codes) imported from the Maldives, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, two main products are imported from this country annually by Indonesia. This indicates a significant dependence on these imported products. The remaining products are largely also imported from other countries.
The following is a list of the top five products imported by Indonesia from the Maldives, ordered from highest to lowest transaction value:
1. Residues and waste from the food industry
Indonesia imports a significant amount of Residues and waste from the food industry. In the Trademap classification, Residues and waste from the food industry fall under HS code 23. This product category is grouped with Prepared animal feed.
In 2023, Indonesia imported US$0.59 million. The import value of Residues and waste from the food industry; Prepared animal feed was lower than the previous period, which reached US$595,000.
2. Fish and crustaceans, molluscs and other aquatic invertebrates
Second, Indonesia's largest imports are Fish and crustaceans, molluscs and other aquatic invertebrates. Imports from the Maldives in 2023 totaled US$92,000. This figure is higher than the previous period's US$25,000.
3. Other base metals
Third is Other base metals, which in the Trademap classification falls under HS code 83. Indonesia imported US$0 thousand. The largest importer of Other base metals currently remains the Maldives. Besides the Maldives, the five largest sources of Indonesia's Other base metals imports are China, Germany, the United States, Italy, and Mexico.
4. Special Woven Fabrics
Imports of Special Woven Fabrics from the Maldives are currently the largest. Indonesia imported US$0 thousand from this country. Other major sources of Special Woven Fabrics imports are China, Hong Kong, China, Germany, Italy, and Taipei, China.
5. Electrical machinery, equipment and parts
Imports of Electrical machinery, equipment and parts from the Maldives are also among the largest. The five other major sources of Electrical machinery, equipment and parts imports are China, Hong Kong, China, Taipei, China, the United States, and Germany.
"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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