Indonesia's Machinery Imports from the Turks and Caicos Islands Rise to US$7,000

Indonesia recorded imports from the Turks and Caicos Islands totaling US$10,000 as of December 2023. This figure represents a 25% increase compared to the previous year's imports, which were recorded at US$8,000.

Indonesia's trade record with the Turks and Caicos Islands shows an upward trend in imports over the past 10 years. 2023 marks a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from the Turks and Caicos Islands, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, four main products are imported annually from this country by Indonesia. This indicates a significant dependence on these imported products. The remaining products are mostly imported from other countries as well.

The following is a list of the top five products imported by Indonesia from the Turks and Caicos Islands. This list is ordered from the highest to lowest transaction value.

1. Electrical machinery, equipment, and parts



Falling under HS code 85, Electrical machinery, equipment, and parts are grouped with Sound recorders and reproducers, television. Imports of this product from the Turks and Caicos Islands ranked first. Indonesia imported US$7,000 worth. Imports of Electrical machinery, equipment, and parts; Sound recorders and reproducers, television increased compared to the previous period, which was recorded at US$2,000.


2. Vehicles other than railway or tramway rolling-stock, and parts and accessories



Second, Indonesia's largest imports were Vehicles other than railway or tramway rolling-stock, and parts and accessories. Imports from the Turks and Caicos Islands in 2023 were recorded at US$1,000. In the previous year, Indonesia did not record any imports from this country.


3. Nuclear reactors, boilers, machinery and mechanical appliances



Falling under HS code 84, Nuclear reactors, boilers, machinery and mechanical appliances are grouped with Parts. Indonesia imported US$1,000, showing an increase as no imports were reported from this country in the previous year. Currently, the largest imports of Nuclear reactors, boilers, machinery and mechanical appliances still originate from the Turks and Caicos Islands. Besides this country, the five largest countries that are sources of Indonesia's imports of Nuclear reactors, boilers, machinery and mechanical appliances are China, Germany, the United States, Japan, and Italy.


4. Railway or tramway locomotives, rolling-stock and parts thereof





Indonesia is recorded as importing this product from one country. Imports of Railway or tramway locomotives, rolling-stock and parts thereof from this country are the largest. In 2023, Indonesia recorded imports worth US$1,000. Other countries in the top five suppliers of this imported product to Indonesia are China, Mexico, the United States, Germany, and Spain.


5. Footwear, gaiters and the like



Next, Indonesia also imported US$0 worth of Footwear, gaiters and the like from the Turks and Caicos Islands. In the previous year, Indonesia did not record any imports from this country. Imports of Footwear, gaiters and the like from the Turks and Caicos Islands are recorded as the largest. Other countries in the top five suppliers of this imported product to Indonesia are China, Vietnam, Italy, Germany, and Belgium.