Indonesia imported US$14.06 million worth of mineral fuels from Colombia in 2023.
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Indonesia recorded US$24.07 million in imports from Colombia as of December 2023. This figure represents a 49.84% decrease compared to the previous year's imports, which totaled US$47.98 million.
Indonesia's trade record with Colombia shows an upward trend in imports over the past 10 years. The lowest import value was US$6.05 million, while the highest reached US$47.98 million.
Of the 97 products (two-digit HS codes) imported from Colombia, 41 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 35 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 Colombia, ordered from highest to lowest transaction value.
- Mineral fuels, mineral oils and products of their distillation
- Other chemical products
- Organic chemicals
- Pharmaceutical products
- Coffee, tea, maté, and spices
Indonesia imported a significant amount of mineral fuels, mineral oils, and products of their distillation. In the Trademap classification, these fall under HS code 27. This product category is grouped with bituminous substances and mineral waxes.
In 2023, Indonesia imported US$14.06 million worth of these products. This is lower than the previous period's US$34.95 million.
Indonesia's second largest import from Colombia was other chemical products, totaling US$2.98 million in 2023. This is lower than the previous period's US$3.041 million.
Imports of organic chemicals from Colombia are currently the largest. Indonesia imported US$2.53 million worth of these products. Other major suppliers of organic chemicals to Indonesia include China, the United States, Ireland, Switzerland, and Belgium.
Indonesia also imports a significant amount of pharmaceutical products from Colombia, totaling US$1.62 million. This is lower than the previous period's US$2.16 million. Trademap data shows that Indonesia imports pharmaceutical products from four countries, with Colombia being the largest supplier. Other top five suppliers include Germany, Switzerland, the United States, Belgium, and Ireland.
Other imports include coffee, tea, maté, and spices, totaling US$0.77 million. This is lower than the previous period's US$0.826 million. Colombia remains the largest supplier of these products to Indonesia. Other top five suppliers include Brazil, Vietnam, India, Germany, and China.
"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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