Indonesia Imports US$11,500,000 Worth of Ships from Vanuatu

Indonesia recorded imports from Vanuatu totaling US$14.22 million as of December 2020. This figure represents a 2,016.82% increase compared to imports in the previous year, which were recorded at US$0.67 million.

Indonesia's trade record with Vanuatu shows an upward trend in imports over the past 10 years. 2020 marked a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Vanuatu, 0.03 thousand products were worth more than one billion dollars. Most imported products from Vanuatu are also imported from other countries, with only two products falling into this category.

The following is a list of the top five products imported by Indonesia from Vanuatu, ordered from highest to lowest transaction value:

1. Ships, boats, and floating structures

Indonesia imported a significant amount of Ships, boats, and floating structures. In the tradmap classification, Ships, boats, and floating structures fall under the HS code 89. In 2020, Indonesia imported US$11,500,000 worth of these products. No imports were recorded from Vanuatu in the previous year.

2. Fish and crustaceans, molluscs and other aquatic invertebrates

Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03). Indonesia imported US$2,725,000 worth of these products from Vanuatu.

3. Furniture

Indonesia also imported Furniture from Vanuatu. The value of these imports in 2020 was US$0. No imports were recorded from Vanuatu in the previous year. This product is sourced from 75 countries. Furniture imports from Vanuatu ranked 164th. The top five other countries for furniture imports are China, Vietnam, Malaysia, Japan, and the United States.

4. Inorganic chemicals

Imports of Inorganic chemicals from Vanuatu ranked 160th. In 2020, Indonesia recorded imports of US$0. Besides Vanuatu, the largest importers of inorganic chemicals are China, Japan, the United States, South Korea, and the United Arab Emirates.

5. Raw hides and skins (other than furskins) and leather

Indonesia imported US$0 worth of Raw hides and skins (other than furskins) and leather (HS code 41). This represents an increase, as no imports were reported from Vanuatu in the previous year. Besides Vanuatu, Indonesia also imports Raw hides and skins (other than furskins) and leather from Vietnam, China, Thailand, South Korea, and Italy. In addition to these main countries, Indonesia imports this product from 58 other countries.