Indonesia recorded US$2.16 billion in imports from South Africa as of December 2022. This figure represents a 17.91% increase compared to the previous year's imports of US$1.84 billion.
Indonesia's trade record with South Africa shows a continuous surge in imports over the past 10 years. 2022 marked a historical high with the highest import value ever recorded.
Of the 97 products (two-digit HS codes) imported from South Africa, 41 products were valued at over one billion dollars. Most of the imported products from South Africa are also imported from other countries, totaling 64 products.
The following is a list of the top five products imported by Indonesia from South Africa. This list is ordered from highest to lowest transaction value.
1. Iron and Steel
Iron and steel, under HS code 72, ranks first. Indonesia imported US$1.77 billion worth of iron and steel from South Africa. This represents an increase compared to the previous period's US$1.47 billion.
2. Ores, slag, and ash
Ores, slag, and ash (HS code 26). Indonesia imported US$130,921 thousand.
3. Wood pulp or other fibrous cellulosic materials
Imports of wood pulp or other fibrous cellulosic materials from South Africa ranked tenth. In 2022, Indonesia imported US$62,244 thousand. Besides South Africa, the largest importers of wood pulp or other fibrous cellulosic materials are the United States, Canada, New Zealand, the United Kingdom, and Italy.
4. Natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals…
Indonesia also imported US$45,275 thousand worth of natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals… from South Africa. This represents an increase compared to the previous period's US$5,021 thousand. Indonesia imported this product from 57 countries. Imports of natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals… from South Africa ranked ninth. Other top five suppliers of this import product to Indonesia include Hong Kong, China, Singapore, Switzerland, Japan, and the Republic of Korea.
5. Edible fruits and nuts
This product was sourced from 46 countries. Imports of edible fruits and nuts from South Africa ranked eighth. In 2022, Indonesia imported US$25,058 thousand. Other top five suppliers of this import product to Indonesia include Mali, China, Thailand, the United States, and Egypt.