Indonesia Imported US$35.61 Million Worth of Machinery from Estonia in 2023
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Indonesia recorded imports from Estonia totaling US$51.42 million as of December 2023. This figure represents a 55.57% increase compared to the previous year's imports of US$33.05 million.
Indonesia's trade record with Estonia shows an upward trend in imports over the past 10 years. The lowest import value was US$3.12 million, while the highest reached US$58.6 million.
Of the 97 products (two-digit HS codes) imported from Estonia, 40 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 36 main products from this country annually. This indicates a significant dependence on these imported products. The remaining products are largely imported from other countries as well.
The following is a list of the top five products imported by Indonesia from Estonia, ordered from highest to lowest transaction value:
1. Electrical machinery, equipment and parts
Indonesia imports a significant amount of Electrical machinery, equipment and parts. In the Trademap classification, Electrical machinery, equipment and parts fall under HS code 85. This product category is grouped together with Sound recorders and reproducers, television. In 2023, Indonesia imported US$35.61 million worth of these goods. This represents an increase compared to the previous period, which recorded US$3,740,000.
2. Nuclear reactors, boilers, machinery and mechanical appliances
Falling under HS code 84, Nuclear reactors, boilers, machinery and mechanical appliances are grouped together with Parts. Indonesia imported US$11.73 million worth of these products.
3. Wood pulp or other fibrous cellulosic materials
Imports of Wood pulp or other fibrous cellulosic materials from Estonia were the largest. In 2023, Indonesia recorded imports of US$1.28 million. Other top five suppliers of this imported product to Indonesia include the United States, Brazil, Canada, Indonesia, and Sweden.
4. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Indonesia also imports a significant amount of Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Estonia. Imports of this product totaled US$0.62 million. This is lower than the previous period, which reached US$1,185,000. Besides Estonia, Indonesia also relies on imports of Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from the United States, Germany, China, the Netherlands, and Japan. In addition to these main countries, Indonesia imported this product from four other countries.
5. Commodities not specified elsewhere
Another imported product is Commodities not specified elsewhere, totaling US$0.5 million. In the previous year, Indonesia did not record any imports of this product from Estonia. Besides Estonia, Indonesia also relies on imports of Commodities not specified elsewhere from the United States, China, Japan, Germany, and Singapore. In addition to these main countries, Indonesia imported this product from four 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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