Indonesia recorded imports from North Korea totaling US$0.41 million as of December 2021. This figure represents a drastic 46.88% decrease compared to the previous year's imports of US$0.77 million.
Indonesia's trade record with North Korea shows a significant reduction in imports over the past 10 years. The lowest import value was US$0.41 million, while the highest reached US$61.56 million.
Of the 97 total products (two-digit HS codes) imported from North Korea, only 0.04 thousand products were worth more than one billion dollars. Most imported products from North Korea are also imported from other countries, with nine products falling into this category.
The following is a list of the top five products imported by Indonesia from North Korea, ordered from highest to lowest transaction value:
1. Other base metals articles
Other base metals articles (HS code 83). Imports of this product from North Korea ranked first. Indonesia imported US$122,000 worth of these goods. No imports were recorded from North Korea in the previous year.
2. Machinery, mechanical appliances, nuclear reactors, boilers
Second on the list is Machinery, mechanical appliances, nuclear reactors, boilers. Imports from North Korea in 2021 totaled US$99,000. This is an increase compared to the previous period's US$29,000.
3. Electrical machinery and equipment and parts thereof
Indonesia imported a significant amount of Electrical machinery and equipment and parts thereof from North Korea. Imports totaled US$63,000, an increase from the previous year's US$1,000. Imports of Electrical machinery and equipment and parts thereof from North Korea ranked 82nd. Besides North Korea, the largest imports of this product came from China, Singapore, Taipei, China, Japan, and the Republic of Korea. Indonesia also imported this product from 142 countries.
4. Plastics and articles thereof
Indonesia imported a significant amount of Plastics and articles thereof from North Korea, totaling US$60,000. This is lower than the previous year's US$307,000. Imports of Plastics and articles thereof from North Korea ranked 70th. Besides North Korea, the largest imports of this product came from China, Thailand, Singapore, the Republic of Korea, and Malaysia. Indonesia also imported this product from 99 countries.
5. Organic chemicals
Imports of Organic chemicals from North Korea ranked 58th. In 2021, Indonesia imported US$37,000 worth of these goods. Besides North Korea, the largest imports of this product came from China, Singapore, Malaysia, India, and Thailand.