Indonesia recorded imports from Estonia totaling US$33,054,000 as of December 2022. This figure represents a 43.6% decrease compared to the previous year's imports, which totaled US$58,603,000.
Indonesia's trade record with Estonia shows an upward trend in imports over the past 10 years. The lowest import value was US$2.96 million, while the highest reached US$58,603,000.
Of the 97 products (two-digit HS codes) imported from Estonia, 40 products were valued at over one billion dollars. Most of the imported products (29 products) are also imported from other countries in significant quantities.
The following is a list of the top five products imported by Indonesia from Estonia, ordered from highest to lowest transaction value:
1. Iron and steel
Iron and steel (HS code 72) is the top import from Estonia, with Indonesia importing US$21,886,000 worth. This represents an increase compared to the previous period, which recorded US$2,000.
2. Electrical machinery, equipment, and parts
Falling under HS code 85, electrical machinery, equipment, and parts are categorized together with sound recorders and reproducers, and television. Indonesia imported US$3,740,000 worth of these products from Estonia.
3. Nuclear reactors, boilers, machinery, and mechanical appliances
Indonesia imported US$2,949,000 worth of nuclear reactors, boilers, machinery, and mechanical appliances from Estonia. This is lower than the previous period's US$4,328,000. Besides Estonia, Indonesia also imports these products from Mali, China, Japan, Thailand, and the United States, as well as 151 other countries.
4. Optical, photographic, cinematographic, measuring, checking, precision, medical, or surgical instruments and apparatus
Indonesia imported US$1,185,000 worth of optical, photographic, cinematographic, measuring, checking, precision, medical, or surgical instruments and apparatus from Estonia. This represents an increase compared to the previous period's US$535,000. Trademap data shows Indonesia imports these products from 101 countries. Estonia ranks 47th as a supplier. Other top five suppliers include China, Mali, Japan, the United States, and Singapore.
5. Aircraft, spacecraft, and parts thereof
Imports of aircraft, spacecraft, and parts thereof from Estonia ranked 20th. In 2022, Indonesia imported US$883,000 worth. The largest importers of these products to Indonesia are the United States, Italy, Singapore, Mali, and China.