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Indonesia recorded US$0.44 million in imports from Armenia as of December 2023. This figure represents a 550% increase compared to the previous year's imports of US$68,000.
Indonesia's trade record with Armenia shows an upward trend in imports over the past 10 years. The lowest import value was US$7,000, while the highest reached US$0.95 million.
Of the 97 products (two-digit HS codes) imported from Armenia, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 11 main products annually from this country. This indicates a significant dependence on these imported products. The remaining imports consist largely of products also imported from other countries.
The following is a list of the five main products Indonesia imported from Armenia in 2023, ordered from highest to lowest transaction value:
1. **Aluminum**
Indonesia imported a significant amount of Aluminum. In the Trademap classification, Aluminum falls under HS code 76. In 2023, Indonesia imported US$0.19 million worth of aluminum from Armenia. No imports were recorded from Armenia in the previous year.
2. **Glass and glassware**
Second, Indonesia's largest imports were glass and glassware. Imports from Armenia in 2023 totaled US$0.13 million. No imports were recorded from Armenia in the previous year.
3. **Cocoa and cocoa preparations**
Imports of cocoa and cocoa preparations from Armenia were the largest in this category. Indonesia imported US$70,000 worth of these products. Other major suppliers of cocoa and cocoa preparations to Indonesia include Germany, the Netherlands, Ivory Coast, Belgium, and Poland.
4. **Machinery, electrical equipment and parts**
Other imports included machinery, electrical equipment, and parts, totaling US$20,000. No imports were recorded from Armenia in the previous year. Armenia remains the largest current supplier of this product category to Indonesia. Other top five suppliers include China, Hong Kong, Taiwan, the United States, and Germany.
5. **Articles of apparel and clothing accessories, not knitted or crocheted**
Indonesia also imported a significant amount of apparel and clothing accessories (not knitted or crocheted) from Armenia. Imports in 2023 totaled US$10,000, an increase from US$3,000 in the previous period. Armenia remains the largest current supplier of this product category to Indonesia. Other top five suppliers include China, Italy, Vietnam, Germany, and France.
"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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