Indonesia recorded imports from Armenia totaling US$68,000 as of December 2022. This figure represents a 92.86% decrease compared to the previous year's imports, which were recorded at US$953,000.
Indonesia's trade record with Armenia shows an upward trend in imports over the past 10 years. The lowest import value was US$7,000, while the highest reached US$953,000.
Of the 97 products (two-digit HS codes) imported from Armenia, 39 products were worth more than one billion dollars. Most of the imported products from Armenia are also imported from other countries, with seven products in common.
The following is a list of the top five products imported by Indonesia from Armenia, ordered from highest to lowest transaction value:
1. Plastics and articles thereof
Plastics and articles thereof (HS code 39) were the top import from Armenia, totaling US$39,000. This represents an increase compared to the previous period, which recorded US$1,000.
2. Toys, games, and sports requisites
Under HS code 95, toys, games, and sports requisites (including parts and accessories) were imported from Armenia for a value of US$16,000.
3. Nuclear reactors, boilers, machinery and mechanical appliances
Imports of nuclear reactors, boilers, machinery and mechanical appliances totaled US$6,000. This represents an increase compared to the previous period, which recorded US$4,000. Indonesia imports this product from 156 countries. Armenia ranked 126th as a supplier. Other top five suppliers include Mali, China, Japan, Thailand, and the United States.
4. Articles of apparel and clothing accessories, knitted or crocheted
Indonesia imported US$3,000 worth of apparel and clothing accessories, knitted or crocheted, from Armenia. This represents an increase compared to the previous period, which recorded US$1,000. Armenia ranked 64th as a supplier. The largest importers of this product to Indonesia are China, Mali, Bangladesh, Vietnam, and Türkiye. Indonesia imports this product from 79 countries.
5. Tanning or dyeing extracts
Indonesia imports this product from 70 countries. Armenia ranked 64th as a supplier. In 2022, Indonesia imported US$2,000 worth of tanning or dyeing extracts. The other top five suppliers are China, Mali, Japan, India, and the Republic of Korea.