Indonesia recorded US$823,000 in imports from Guatemala as of December 2022. This figure represents a 12.45% decrease compared to the previous year's imports of US$940,000.
Indonesia's trade record with Guatemala shows a significant decline in imports over the past 10 years. The lowest import value was US$792,000, while the highest reached US$46,284,000.
Of the 97 products (two-digit HS codes) imported from Guatemala, 42 products were worth more than one billion dollars. Most imported products from Guatemala are also imported from other countries, with 13 products falling into this category.
The following is a list of the top five products imported by Indonesia from Guatemala, ordered from highest to lowest transaction value:
1. Manufactured tobacco and tobacco substitutes (HS Code 24): This product group, which includes products with or without nicotine, is Indonesia's top import from Guatemala, totaling US$383,000. This represents an increase compared to the previous period's US$381,000.
2. Coffee, tea, maté, and spices: Indonesia's second largest import from Guatemala in 2022 was coffee, tea, maté, and spices, valued at US$139,000. This is lower than the previous period's US$171,000.
3. Rubber and articles thereof (HS Code 40): Indonesia imported US$137,000 worth of rubber and articles thereof from Guatemala, ranking 55th among import sources. Major importers of this product for Indonesia include Japan, China, Mali, Korea, Republic of [country name missing], and Thailand. Indonesia imports this product from 89 countries.
4. Knitted or crocheted fabrics: Indonesia imports this product from 66 countries. Guatemala ranks 36th as a source, with imports totaling US$64,000 in 2022. Major importers of this product for Indonesia include China, Mali, Korea, Republic of [country name missing], Taipei, China, and Vietnam.
5. Lac (HS Code 13): This product group, categorized with gums, resins, and other vegetable saps and extracts, saw Indonesia import US$29,000, an increase from the previous period's US$1,000. This product is sourced from 48 countries, with Guatemala ranking 31st. Other major sources of Lac include China, Mali, India, Spain, and France.