Indonesia Imported the Most Nuclear Reactors from Italy in 2023

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Agus Dwi Darmawan 29/01/2025 16:03 WIB
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Indonesia's Top Imports from Italy in 2023
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Indonesia recorded imports from Italy worth US$1.89 billion as of December 2023. This figure represents a 27.23% increase compared to the previous year's imports, which totaled US$1.49 billion.

Indonesia's trade record with Italy shows an upward trend in imports over the past 10 years. 2023 marked a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Italy, 71 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 91 main products from Italy annually. This indicates a significant dependence on these imported products. Many of these products are also imported from other countries.

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

1. Nuclear reactors, boilers, machinery and mechanical appliances

Falling under HS code 84, nuclear reactors, boilers, machinery and mechanical appliances are a group of imported goods categorized together with parts. Imports of this product from Italy ranked first. Indonesia imported US$871.57 million worth. Imports of nuclear reactors, boilers, machinery and mechanical appliances; parts increased compared to the previous period, which recorded US$478.33 million.

2. Iron or steel

Iron or steel, with HS code 73. Indonesia imported US$128.94 million.

3. Electrical machinery and equipment and parts

This product is sourced from a single country. Imports of electrical machinery and equipment and parts from Italy were the largest. In 2023, Indonesia recorded imports totaling US$102.79 million. Other countries among the top five suppliers of this imported product to Indonesia are China, Hong Kong, China, Taipei, China, the United States, and Germany.

4. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus

Indonesia also imported a significant amount of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Italy. Imports of this product in 2023 were valued at US$72.02 million. This figure increased compared to the previous period, which recorded US$57,284 thousand. Trademap data shows Indonesia's trade activity importing optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from 4 countries. Imports of this product from Italy were the largest. Other countries among the top five suppliers of this imported product to Indonesia are the United States, Germany, China, the Netherlands, and Japan.

5. Leather

Another imported product was leather, totaling US$61.83 million. Imports of this product increased compared to the previous period, which recorded US$60,616 thousand. Besides Italy, Indonesia also relies on leather imports from China, France, Vietnam, and Germany. In addition to these main countries, Indonesia also imported this product from 4 other countries.

"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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