Indonesia Imports US$31.75 Million Worth of Ships from Liberia

Indonesia recorded imports from Liberia totaling US$34.77 million as of December 2020. This figure represents a 106.87% increase compared to the previous year's imports, which were recorded at US$16.81 million.

Indonesia's trade record with Liberia shows an upward trend in imports over the past 10 years. The lowest import value was US$0.11 million, while the highest reached US$62.61 million.

Of the 97 products (two-digit HS codes) imported from Liberia, 0.03 thousand products were worth more than one billion dollars. Most imported products from Liberia 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 Liberia, ordered from highest to lowest transaction value:

1. Ships, boats, and floating structures

Indonesia imported a significant quantity of Ships, boats, and floating structures. In the tradmap classification, Ships, boats, and floating structures fall under HS code 89. In 2020, Indonesia imported US$31,750,000. This import value increased compared to the previous period, which recorded US$15,000,000.

2. Cocoa and cocoa preparations

Indonesia's second largest import from Liberia was Cocoa and cocoa preparations. The import value in 2020 was US$2,883,000, an increase from US$1,785,000 in the previous period.

3. Man-made staple fibers

For Man-made staple fibers (HS code 55), Indonesia imported US$96,000, showing an increase as no imports were reported from Liberia in the previous year. Indonesia imports this product from 54 countries. Imports of Man-made staple fibers from Liberia ranked 33rd. The top five other countries for Man-made staple fibers imports are China, Japan, the United States, the Republic of Korea, and Thailand.

4. Knitted or crocheted fabrics

This product is sourced from 57 countries. Imports of Knitted or crocheted fabrics from Liberia ranked 36th. In 2020, Indonesia recorded imports of US$42,000. Besides Liberia, the largest imports of Knitted or crocheted fabrics come from China, the Republic of Korea, Hong Kong, China, Taipei, China, and Vietnam.

5. Prepared feathers and down and articles thereof

Imports of Prepared feathers and down and articles thereof were US$0. Indonesia recorded no imports from Liberia in the previous year. Imports of Prepared feathers and down and articles thereof from Liberia ranked 140th. Besides Liberia, the largest imports of Prepared feathers and down and articles thereof come from Hong Kong, China, the Republic of Korea, India, and Vietnam. Indonesia also imports this product from 22 countries.