Indonesia Imports US$39,000 Worth of Plastic from Armenia

Indonesia recorded imports from Armenia totaling US$68,000 as of December 2022. This figure represents a significant decrease of 92.86% compared to the previous year's imports of US$953,000.

Indonesia's trade record with Armenia shows an upward trend in imports over the past 10 years. The lowest import value was US$7,000, while the highest reached US$953,000.

Of the 97 products (two-digit HS codes) imported from Armenia, 39 products were valued at over one billion dollars. Most of the imported products from Armenia are also imported from other countries, with seven products falling into this category.

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

1. Plastics and articles thereof: (HS Code 39). This product ranks first in imports from Armenia, with Indonesia importing US$39,000 worth. This represents an increase compared to the previous period's US$1,000.

2. Toys, games, and sports requisites: (HS Code 95). This category includes parts and accessories. Indonesia imported US$16,000 worth of these products from Armenia.

3. Nuclear reactors, boilers, machinery and mechanical appliances: This product is sourced from 156 countries. Imports from Armenia rank 126th. In 2022, Indonesia imported US$6,000 worth. Five other major import sources for this product are Mali, China, Japan, Thailand, and the United States.

4. Articles of apparel and clothing accessories, knitted or crocheted: Indonesia imported US$3,000 worth of these products from Armenia, ranking 64th among import sources. This represents an increase from the previous period's US$1,000. Five other major import sources are China, Mali, Bangladesh, Vietnam, and Türkiye.

5. Tanning or dyeing extracts: Indonesia imported US$2,000 worth of these products from Armenia. No imports were recorded from Armenia in the previous year. Besides Armenia, Indonesia also imports tanning or dyeing extracts from China, Mali, Japan, India, and the Republic of Korea. In addition to these major countries, Indonesia imported this product from 65 other countries.