Indonesia Imported the Most Cocoa Bean Preparations from Papua New Guinea in 2023
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Indonesia recorded imports from Papua New Guinea totaling US$50.74 million as of December 2023. This figure represents a 19.56% decrease compared to the previous year's imports of US$63.07 million.
Indonesia's trade record with Papua New Guinea shows an upward trend in imports over the past 10 years. The lowest import value was US$19.64 million, while the highest reached US$125.8 million.
Of the 97 products (two-digit HS codes) imported from Papua New Guinea, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 15 main products annually from this country. This indicates a significant dependence on these imported products. The remaining products are largely also imported from other countries.
The following is a list of the top five products imported by Indonesia from Papua New Guinea. This list is ordered from highest to lowest transaction value.
- Cocoa and cocoa preparations
- Coffee, tea, maté, and spices
- Animal or vegetable fats and oils and their cleavage products
- Iron and steel
- Wood and wood articles
Indonesia imported a significant amount of cocoa and cocoa preparations. In the Trademap classification, cocoa and cocoa preparations fall under HS code 18.
In 2023, Indonesia imported US$39.44 million worth of these products. This represents an increase compared to the previous period's US$19,246,000.
Second on the list, Indonesia's largest imports were coffee, tea, maté, and spices. Imports from Papua New Guinea in 2023 totaled US$3.64 million. This is lower than the previous period's US$7,963,000.
Imports of animal or vegetable fats and oils and their cleavage products from Papua New Guinea are currently among the largest. Indonesia imported US$1.71 million worth of these products from the country. Other major importers of animal or vegetable fats and oils and their cleavage products include Indonesia, Malaysia, Spain, the Netherlands, and Canada.
In the Trademap classification, iron and steel fall under HS code 72. Indonesia imported US$1.69 million worth of these products, an increase compared to the previous period's US$1,393,000. Trademap data shows that Indonesia imports iron and steel from four countries. Imports from Papua New Guinea are the largest. The other five major sources of iron and steel imports are China, Germany, Japan, Indonesia, and the Republic of Korea.
Indonesia's imports of wood and wood articles originate from one country. Imports from Papua New Guinea are the largest. In 2023, Indonesia imported US$1.58 million worth of these products. The other five major sources of wood and wood articles imports are China, Canada, Germany, the United States, and Austria.
"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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