Indonesia Is the Largest Importer of Weapons from Montenegro

Indonesia recorded imports from Montenegro totaling US$9.55 million as of December 2022. This figure represents a 252.06% increase compared to the previous year's imports of US$2.71 million.

Indonesia's trade record with Montenegro shows an upward trend in imports over the past 10 years. 2022 marked a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Montenegro, 39 products were valued at over one million dollars. Most of the imported products from Montenegro are also imported from other countries, with five products in particular showing this pattern.

The following is a list of the five main products imported by Indonesia from Montenegro, ordered from highest to lowest transaction value.

1. Weapons and ammunition

Indonesia imported a significant amount of weapons and ammunition. In the Trademap classification, weapons and ammunition fall under HS code 93. This product category includes parts and accessories. In 2022, Indonesia imported US$9,490,000 worth of weapons and ammunition; parts and accessories. This represents an increase compared to the previous period's US$2,705,000.

2. Nuclear reactors, boilers, machinery and mechanical appliances

Second, Indonesia's largest imports were nuclear reactors, boilers, machinery and mechanical appliances. Imports from Montenegro in 2022 totaled US$52,000, an increase from the previous period's US$5,000.

3. Electrical machinery and equipment and parts thereof

Falling under HS code 85, electrical machinery and equipment and parts thereof are categorized together with sound recorders and reproducers, and television. Indonesia imported US$4,000 worth of these products, up from US$1,000 in the previous period. Trademap data shows Indonesia imports electrical machinery and equipment and parts thereof from 142 countries. Imports from Montenegro rank 127th. The five other major sources for these imports are China, Mali, Singapore, Republic of Korea, and Japan.

4. Plastics and articles thereof

Next is plastics and articles thereof, under HS code 39. Indonesia imported US$1,000 worth of these products. Besides Montenegro, Indonesia also relies on imports of plastics and articles thereof from China, Mali, Thailand, Singapore, and the Republic of Korea. In addition to these main countries, Indonesia imported this product from 113 other countries.

5. Articles of iron or steel

Finally, articles of iron or steel fall under HS code 73. Indonesia imported US$1,000 worth of these products from Montenegro. Trademap data shows Indonesia imports articles of iron or steel from 94 countries. Imports from Montenegro rank 95th. The five other major sources for these imports are Mali, China, Japan, Germany, and the Republic of Korea.