Indonesia Imported US$16,000 Worth of Machinery from Kiribati in 2023
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Indonesia recorded imports from Kiribati totaling US$16,000 as of December 2023. This represents a drastic 99.85% decrease compared to the previous year's imports, which were recorded at US$10.51 million.
Indonesia's trade record with Kiribati shows an upward trend in imports over the past 10 years. The lowest Indonesian import value was US$3,000, while the highest reached US$11.6 million.
Of the 97 total products (two-digit HS codes) imported from Kiribati, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, there is one main product Indonesia imports annually from this country. This indicates a significant dependence on these imported products. The rest are mostly products also imported from other countries.
The following is a list of the top five products Indonesia imported from Kiribati, ordered from highest to lowest transaction value:
1. Machinery, electrical equipment and parts
Indonesia imported a significant amount of Machinery, electrical equipment and parts. In the Trademap classification, Machinery, electrical equipment and parts fall under the HS code 85. This product category is grouped together with Sound recorders and reproducers, television. In 2023, Indonesia imported US$16,000 worth of these goods. This represents an increase compared to the previous period, which recorded US$13,000.
2. Stone, plaster, cement, asbestos, mica or similar materials
Stone, plaster, cement, asbestos, mica or similar materials fall under the HS code 68. Indonesia imported US$0 worth of these materials from Kiribati.
3. Glass and glassware
Indonesia also imported US$0 worth of Glass and glassware from Kiribati. In the previous year, Indonesia recorded no imports from this country. Trademap data shows that Indonesia imports Glass and glassware from 5 countries. Imports of Glass and glassware from Kiribati are the largest among these. The other five countries that are sources of Glass and glassware imports are China, Germany, the United States, France, and Italy.
4. Wood and wood products
For this product, Indonesia also imported US$0 worth of Wood and wood products from Kiribati. In the previous year, Indonesia recorded no imports from this country. Besides Kiribati, Indonesia also relies on imports of Wood and wood products from China, Canada, Germany, the United States, and Austria. In addition to these main countries, Indonesia recorded imports of this product from 5 other countries.
5. Ceramic products
Ceramic products fall under the HS code 69. Indonesia imported US$0 worth of these products, representing an increase as no imports were reported from this country in the previous year. Currently, the largest importer of Ceramic products is still Kiribati. Besides this country, the five largest countries that are sources of Indonesia's Ceramic product imports are China, Italy, Spain, Germany, and India.
"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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