Indonesia's Imports of Machinery from Bosnia and Herzegovina Rise to US$2.02 Million
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Indonesia recorded imports from Bosnia and Herzegovina totaling US$3.13 million as of December 2023. This figure represents a 170.12% increase compared to the previous year's imports of US$1.16 million.
Indonesia's trade record with Bosnia and Herzegovina shows a significant decrease 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 billion 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.
The following is a list of the top five products imported by Indonesia from Bosnia and Herzegovina, ordered from highest to lowest transaction value:
1. Electrical machinery, equipment, and parts
Indonesia imported a significant amount of Electrical machinery, equipment, and parts. In the Trademap classification, this falls under HS code 85. This product category is grouped together with sound recorders and reproducers, and televisions.
In 2023, Indonesia imported US$2.02 million worth of these goods. This represents an increase compared to the previous period's US$153,000.
2. Nuclear reactors, boilers, machinery and mechanical appliances
Second, Indonesia's largest imports were Nuclear reactors, boilers, machinery and mechanical appliances. Imports from Bosnia and Herzegovina in 2023 totaled US$0.54 million. This is an increase compared to the previous period's US$506,000.
3. Raw hides and skins (other than furskins) and leather
Another imported product was Raw hides and skins (other than furskins) and leather, totaling US$0.14 million. Imports of this product increased compared to the previous period's US$77,000. Besides Bosnia and Herzegovina, Indonesia also relies on imports of Raw hides and skins (other than furskins) and leather from Italy, the United States, Brazil, China, and Spain. In addition to these main countries, Indonesia imported this product from four other countries.
4. Footwear, gaiters and the like
Indonesia also imported a significant amount of Footwear, gaiters and the like from Bosnia and Herzegovina, valued at US$0.14 million. This is lower than the previous period's US$207,000. Imports of Footwear, gaiters and the like from Bosnia and Herzegovina are recorded as the largest. Other countries among the top five suppliers of this imported product to Indonesia are China, Vietnam, Italy, Germany, and Belgium.
5. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Imports of Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Bosnia and Herzegovina are currently the largest. Indonesia imported US$78,000 worth of these goods from the country. Other countries with the largest imports of Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus are 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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