Indonesia's Machinery Imports from Macau Drop to US$0.73 Million
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Indonesia recorded imports from Macau totaling US$2.5 million as of December 2023. This represents a drastic 47.21% decrease compared to the previous year's imports, which were recorded at US$4.73 million.
Indonesia's trade record with Macau shows a significant reduction in imports over the past 10 years. The lowest import value was US$2.5 million, while the highest reached US$13.84 million.
Of the 97 products (two-digit HS codes) imported from Macau, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 30 main products annually from this country. This indicates a considerable 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 Macau, 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 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$0.73 million. The import value of Electrical machinery, equipment and parts; Sound recorders and reproducers, television was lower than the previous period, which reached US$971,000.
2. Clothing and clothing accessories, not knitted or crocheted
Indonesia imported US$0.3 million worth of clothing and clothing accessories, not knitted or crocheted (HS code 62).
3. Cotton
Indonesia imported a significant amount of Cotton from Macau, valued at US$0.29 million. This represents an increase compared to the previous period, which recorded US$17,000. This product was sourced from a single country. Cotton imports from Macau were the largest. Other countries among the top five suppliers of this imported product to Indonesia are China, the United States, India, Brazil, and Pakistan.
4. Copper
Indonesia also imported US$0.28 million worth of Copper from Macau. This import value is lower than the previous period, which reached US$1,136,000. Besides Macau, Indonesia also relies on copper imports from Chile, the Democratic Republic of Congo, Germany, Japan, and the United States. In addition to these main countries, Indonesia imported this product from four other countries.
5. Other chemical products
Other imports included Other chemical products, valued at US$0.2 million. This import value increased compared to the previous period, which recorded US$46,000. Indonesia imported this product from a single country. Imports of Other chemical products from Macau were the largest. The five other countries that were sources of Other chemical products imports were the United States, Germany, China, the Netherlands, and France.
"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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