Indonesia recorded imports from Barbados totaling US$0.26 million as of December 2021. This figure represents a 215.85% increase compared to the previous year's imports, which were recorded at US$82,000.
Indonesia's trade record with Barbados shows a drastic reduction in imports over the past 10 years. The lowest import value was US$11,000, while the highest reached US$1.15 million.
Of the 97 products (two-digit HS codes) imported from Barbados, 0.04 thousand products were worth more than one billion dollars. Most imported products from Barbados are also imported from other countries; there are four such products.
The following is a list of the top five products imported by Indonesia from Barbados, ordered from highest to lowest transaction value:
1. Electrical machinery, equipment, and parts
Indonesia imported a significant amount of Electrical machinery, equipment, and parts. In the tradmap classification, this falls under HS code 85. This product category is grouped with sound recorders and reproducers, and television sets. In 2021, Indonesia imported US$97,000 worth of these goods. This represents an increase compared to the previous period, which recorded US$48,000.
2. Inorganic chemicals
Indonesia's second largest import from Barbados was Inorganic chemicals. The import value in 2021 was US$66,000, an increase from US$28,000 in the previous period.
3. Plastics and articles thereof
Indonesia also imported a significant amount of Plastics and articles thereof from Barbados, totaling US$55,000. There were no recorded imports of this product from Barbados in the previous year. Besides Barbados, Indonesia also imports Plastics and articles thereof from China, Thailand, Singapore, Korea, Republic of Korea, and Malaysia. In addition to these major countries, Indonesia imports this product from 99 other countries.
4. Wadding, felt and nonwovens
Falling under HS code 56, Wadding, felt and nonwovens are grouped with special yarns, twine, cordage, ropes and cables and articles thereof. Indonesia imported US$42,000 worth of these products from Barbados. Besides Barbados, Indonesia also imports Wadding, felt and nonwovens from China, Thailand, Korea, Republic of Korea, Japan, and Vietnam. In addition to these major countries, Indonesia imports this product from 56 other countries.
5. Albuminoidal substances
This product is sourced from 49 countries. Imports of Albuminoidal substances from Barbados ranked 152nd. In 2021, Indonesia recorded imports of US$0. Other top five suppliers of this product to Indonesia include China, Thailand, New Zealand, Malaysia, and the Netherlands.