Indonesia recorded imports from the British Indian Ocean Territory (BIOT) of US$18,000 in December 2021. This figure represents an 800% increase compared to the previous year's imports of US$2,000.
Indonesia's trade record with the BIOT shows a significant decrease in imports over the past 10 years. The lowest import value was US$2,000, while the highest reached US$350,000.
Of the 97 products (2-digit HS codes) imported from the BIOT, 0.04 thousand products were worth more than one billion dollars. Most imported products from this territory are also imported from other countries, with a total of one product in this category.
The following is a list of the top five products imported by Indonesia from the British Indian Ocean Territory, ordered from highest to lowest transaction value:
1. Organic chemicals: Organic chemicals (HS Code 29). Imports of this product from the BIOT ranked first, with Indonesia importing US$18,000. No imports were recorded from this territory the previous year.
2. Cork and cork products: Cork and cork products (HS Code 45). Indonesia imported US$0.
3. Tableware, cutlery, and kitchen utensils of base metal: Indonesia imported this product from 85 countries. Imports from the BIOT ranked 170th. In 2021, Indonesia recorded imports of US$0. The largest importers of tableware, cutlery, and kitchen utensils of base metal are China, Japan, Singapore, Korea, Republic of China, and Taiwan.
4. Articles of apparel and clothing accessories, knitted or crocheted: Indonesia imported this product from 87 countries. Imports from the BIOT ranked 170th. In 2021, Indonesia recorded imports of US$0. The five other major sources for these imports are China, Bangladesh, Vietnam, Turkey, and Cambodia.
5. Mineral fuels, mineral oils, and products of their distillation: Indonesia also imported mineral fuels, mineral oils, and products of their distillation from the BIOT. The import value was US$0. No imports were recorded from this territory the previous year. Indonesia imported this product from 77 countries. Imports from the BIOT ranked 166th. The five other major sources for these imports are Singapore, Malaysia, Saudi Arabia, the United States, and Nigeria.