Indonesia Imported the Most Machinery from Bosnia and Herzegovina in 2023
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Indonesia recorded imports from Bosnia and Herzegovina worth US$3.13 million as of December 2023. This figure represents a 170.12% increase compared to the previous year's imports, which were recorded at US$1.16 million.
Indonesia's trade record with Bosnia and Herzegovina shows a significant decline in imports over the past 10 years. The lowest import value was US$0.32 million, while the highest reached US$15.96 million.
Of the 97 products (two-digit HS codes) imported from Bosnia and Herzegovina, 39 products were worth more than one million dollars. Furthermore, according to Trademap data, Indonesia imports 24 main products annually from this country. This indicates a considerable dependence on these imported products. The remaining imports consist largely of products also imported from other countries.
Below is a list of the five main products Indonesia imported from Bosnia and Herzegovina in 2023, ordered from highest to lowest transaction value:
1. Machinery, electrical equipment and parts: Falling under HS code 85, this category includes machinery, electrical equipment, parts, sound recording and reproducing apparatus, and television receivers. Imports of these products from Bosnia and Herzegovina ranked first, totaling US$2.02 million. This represents an increase compared to the previous period, which recorded US$153,000.
2. Nuclear reactors, boilers, machinery and mechanical appliances: Indonesia's second-largest import from Bosnia and Herzegovina was nuclear reactors, boilers, machinery and mechanical appliances, totaling US$0.54 million in 2023. This is an increase compared to the previous period's US$506,000.
3. Raw hides and skins (other than furskins) and leather: Imports of raw hides and skins (other than furskins) and leather from Bosnia and Herzegovina currently represent the largest share from that country, totaling US$0.14 million. Other major importers of this product for Indonesia include Italy, the United States, Brazil, China, and Spain.
4. Footwear, gaiters and the like: Imports of footwear, gaiters and the like amounted to US$0.14 million. This is lower than the previous period's US$207,000. Indonesia imports this product from only one country, with Bosnia and Herzegovina being the largest supplier. Other major suppliers include China, Vietnam, Italy, Germany, and Belgium.
5. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus: Indonesia also imported a significant amount of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Bosnia and Herzegovina, totaling US$78,000 in 2023. This is lower than the previous period's US$129,000. Bosnia and Herzegovina remains the largest supplier of these products to Indonesia. Other major suppliers include the United States, Germany, China, the Netherlands, and Japan.
"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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