Indonesia's Nuclear Reactor Import from Austria Increases to US$164.92 Million

Indonesia recorded US$419.19 million in imports from Austria as of December 2023. This figure represents a 16% increase compared to the previous year's imports of US$361.36 million.

Indonesia's trade record with Austria shows an upward trend in imports over the past 10 years. 2023 marked a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Austria, 53 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 71 main products from Austria annually. This indicates a significant dependence on these imported products. Many of the other imported products are also imported from other countries in large quantities.

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

1. Nuclear reactors, boilers, machinery and mechanical appliances

Indonesia imported a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances. In the Trademap classification, these fall under HS code 84. This product category is grouped together with Parts. In 2023, Indonesia imported US$164.92 million worth of these goods. This represents an increase compared to the previous period, which recorded US$74,014,000.

2. Electrical machinery and equipment and parts

Falling under HS code 85, Electrical machinery and equipment and parts are categorized together with Sound recorders and reproducers, television. Indonesia imported US$53.08 million worth of these products from Austria.

3. Pharmaceutical products

Indonesia imported these products from Austria, with this being the largest source for this product category. In 2023, Indonesia imported US$28.2 million worth of pharmaceutical products. Five other countries that are major sources of pharmaceutical imports are Germany, Switzerland, the United States, Belgium, and Ireland.

4. Railway or tramway locomotives, rolling-stock and parts thereof

Imports of Railway or tramway locomotives, rolling-stock and parts thereof from Austria are currently the largest. Indonesia imported US$27.89 million worth of these products. Other major sources for these imports include China, Mexico, the United States, Germany, and Spain.

5. Paper and paperboard

Falling under HS code 48, Paper and paperboard are categorized together with Articles of pulp, of paper or of paperboard. Indonesia imported US$24.08 million worth of these products, an increase compared to the previous period's US$17,687,000. Besides Austria, Indonesia also relies on imports of Paper and paperboard from China, Germany, the United States, Sweden, and Italy. In addition to these main countries, Indonesia also imported this product from four other countries.