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Indonesia recorded US$77 million in imports from Peru as of December 2023. This figure represents a 31.13% decrease compared to the previous year's imports, which totaled US$111.81 million.
Indonesia's trade record with Peru shows an upward trend in imports over the past 10 years. The lowest import value was US$52.72 million, while the highest reached US$111.81 million.
Of the 97 products (two-digit HS codes) imported from Peru, 42 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 31 main products from Peru annually. This indicates a significant 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 Peru. This list is ordered from highest to lowest transaction value.
- Cocoa and cocoa preparations
- Edible fruits and nuts
- Fertilizers
- Zinc
- Ores, slag, and ash
Cocoa and cocoa preparations fall under HS code 18. Imports of this product from Peru rank first. Indonesia imported US$33.16 million worth of this product from Peru. This import value is lower than the previous period, which reached US$47.20 million.
Falling under HS code 08, edible fruits and nuts are a group of imported goods categorized together with citrus fruit peels or melons. Indonesia imported US$19.96 million worth of these products from Peru.
Another imported product is fertilizers, valued at US$8.58 million. This import value is lower than the previous period, which reached US$28.411 million. Peru remains the largest current source of fertilizer imports for Indonesia. Besides Peru, the five largest sources of Indonesian fertilizer imports are China, Canada, the United States, Morocco, and Saudi Arabia.
Another imported product is zinc, valued at US$5.36 million. This import value increased compared to the previous period, which was recorded at US$3.097 million. Peru remains the largest current source of zinc imports for Indonesia. Besides Peru, the five largest sources of Indonesian zinc imports are South Korea, Belgium, the Netherlands, Spain, and Canada.
Indonesia imports a significant amount of ores, slag, and ash from Peru. The import value of these products was recorded at US$2.56 million. In the previous year, Indonesia did not record any imports of these products from Peru. Peru remains the largest current source of ores, slag, and ash imports for Indonesia. Besides Peru, the five largest sources of Indonesian imports of ores, slag, and ash are Brazil, Chile, South Africa, and Canada.
"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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