Indonesia Imported US$70.37 Million Worth of Fertilizer from Norway in 2023
- A Small Font
- A Medium Font
- A Bigger Font
Indonesia recorded imports from Norway totaling US$248.42 million as of December 2023. This figure represents a 4.99% decrease compared to the previous year's imports of US$261.46 million.
Indonesia's trade record with Norway shows a significant decline in imports over the past 10 years. The lowest import value was US$177.59 million, while the highest reached US$333.7 million.
Of the 97 products (two-digit HS codes) imported from Norway, 41 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 51 main products from Norway annually. This indicates a significant dependence on these imported products. Many of the other imported products are also commonly imported from other countries.
The following is a list of the top five products imported by Indonesia from Norway, ordered from highest to lowest transaction value.
- Fertilizers
- Fish and crustaceans, molluscs and other aquatic invertebrates
- Nuclear reactors, boilers, machinery and mechanical appliances
- Iron or steel
- Other chemical products
Indonesia imports a significant amount of fertilizers, categorized under HS code 31 in the Trademap classification. In 2023, Indonesia imported US$70.37 million worth of fertilizers. This represents an increase compared to the previous period's recorded value of US$28,590,000.
In the Trademap classification, fish and crustaceans, molluscs and other aquatic invertebrates fall under HS code 03. Indonesia imported US$41.26 million worth of these products from Norway.
Imports of nuclear reactors, boilers, machinery and mechanical appliances from Norway currently represent the largest category. Indonesia imported US$30.13 million worth of these products from Norway. Other major suppliers of these products to Indonesia include China, Germany, the United States, Japan, and Italy.
Indonesia also imported US$24.32 million worth of iron or steel (HS code 73). Besides Norway, Indonesia also relies on imports of iron or steel from China, Germany, the United States, Italy, and Poland. In addition to these major countries, Indonesia imported this product from four other countries.
Indonesia imported these products from one country, with Norway being the largest supplier. In 2023, Indonesia imported US$22.05 million worth of these products. The five other major suppliers of other chemical products are the United States, Germany, China, the Netherlands, and France.
"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."
Related Data
Latest Data Stories
Trending Topics
Popular Data