Indonesia Imported the Most Leather from Nepal in 2023

Indonesia recorded US$1.69 million in imports from Nepal as of December 2023. This figure represents a 116.69% increase compared to the previous year's imports of US$0.78 million.

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

Of the 97 products (two-digit HS codes) imported from Nepal, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 16 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 top five products imported by Indonesia from Nepal, ordered from highest to lowest transaction value.

1. Raw hides and skins (other than furskins) and leather

Indonesia imported a significant amount of Raw hides and skins (other than furskins) and leather. In the Trademap classification, Raw hides and skins (other than furskins) and leather fall under HS code 41. In 2023, Indonesia imported US$1.54 million worth. This represents an increase compared to the previous period's US$654,000.

2. Articles of apparel and clothing accessories, not knitted or crocheted

Articles of apparel and clothing accessories, not knitted or crocheted, with HS code 62. Indonesia imported US$28,000 worth from Nepal.

3. Other base metals articles

Imports of Other base metals articles from Nepal are currently the largest. Indonesia imported US$28,000 worth from this country. Other major importers of Other base metals articles include China, Germany, the United States, Italy, and Mexico.

4. Other made-up textile articles

For this product, Indonesia imported a significant amount of Other made-up textile articles from Nepal. Imports totaled US$22,000. This represents an increase compared to the previous period's US$14,000. Nepal is recorded as the largest supplier of Other made-up textile articles to Indonesia. Other top five suppliers include China, India, Pakistan, Germany, and the United States.

5. Milling industry products

This product is sourced from a single country. Nepal is the largest supplier of Milling industry products to Indonesia. In 2023, Indonesia imported US$19,000 worth. The other five major suppliers of Milling industry products are Germany, Türkiye, Belgium, Thailand, and France.