Indonesia recorded imports from Costa Rica totaling US$5.47 million as of December 2020. This figure represents a 50.44% increase compared to the previous year's imports of US$3.64 million.
Indonesia's trade record with Costa Rica shows a drastic reduction in imports over the past 10 years. The lowest import value was US$2.89 million, while the highest reached US$27.66 million.
Of the 97 products (two-digit HS codes) imported from Costa Rica, 0.03 thousand products were worth more than one billion dollars. Most imported products from Costa Rica are also imported from other countries, totaling 0.02 thousand products.
The following is a list of the top five products imported by Indonesia from Costa Rica, ordered from highest to lowest transaction value:
1. Electrical machinery and equipment and parts
Falling under HS code 85, Electrical machinery and equipment and parts are categorized together with Sound recorders and reproducers, television… This product group ranks first in imports from Costa Rica, with Indonesia importing US$2,437 thousand. Imports of Electrical machinery and equipment and parts; Sound recorders and reproducers, television… increased compared to the previous period, which recorded US$658 thousand.
2. Optics, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Second, Indonesia's largest imports are Optics, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus. Imports from Costa Rica in 2020 totaled US$2,291 thousand, an increase compared to the previous period's US$1,902 thousand.
3. Machinery, mechanical appliances, nuclear reactors, boilers
Indonesia also imported US$159 thousand worth of Machinery, mechanical appliances, nuclear reactors, boilers from Costa Rica. Imports of this product increased compared to the previous period, which recorded US$107 thousand. Indonesia imports this product from 155 countries. Imports of Machinery, mechanical appliances, nuclear reactors, boilers from Costa Rica ranked 73rd. Five other countries that are sources of Machinery, mechanical appliances, nuclear reactors, boilers are China, Japan, Singapore, Germany, and Thailand.
4. Rubber and articles thereof
Furthermore, Rubber and articles thereof, under HS code 40, were imported by Indonesia to the value of US$129 thousand, an increase compared to the previous period's US$6 thousand. Besides Costa Rica, Indonesia also relies on imports of Rubber and articles thereof from Japan, China, Korea, Republic of, Thailand, and Singapore. In addition to these main countries, Indonesia imported this product from 99 other countries.
5. Other chemical products
Fifth is Other chemical products, under HS code 38. From Costa Rica, Indonesia imported US$117 thousand worth of these products. Besides Costa Rica, Indonesia also relies on imports of Other chemical products from China, Japan, Korea, Republic of, the United States, and Singapore. In addition to these main countries, Indonesia imported this product from 72 other countries.