Indonesia recorded imports from Papua New Guinea totaling US$125.8 million as of December 2021. This figure represents a 276.98% increase compared to the previous year's imports, which were recorded at US$33.37 million.
Indonesia's trade record with Papua New Guinea shows an upward trend in imports over the past 10 years. 2021 marked a historical record with the highest import value ever recorded.
Of the total 97 products (two-digit HS codes) imported from Papua New Guinea, 0.04 thousand products were worth more than one billion dollars. Most imported products from Papua New Guinea 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 Papua New Guinea, ordered from highest to lowest transaction value:
1. Mineral fuels, mineral oils and products of their distillation
Falling under HS code 27, mineral fuels, mineral oils and products of their distillation are grouped with bituminous substances and mineral waxes. Imports of this product from Papua New Guinea ranked first. Indonesia imported US$85,034 thousand worth of these products from Papua New Guinea. The value of imports of mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes increased compared to the previous period, which was recorded at US$1 thousand.
2. Cocoa and cocoa preparations
Second, Indonesia's largest imports were cocoa and cocoa preparations. Imports from Papua New Guinea in 2021 totaled US$22,691 thousand. This figure is up from the previous period, which recorded US$8,182 thousand.
3. Coffee, tea, maté and spices
Furthermore, Indonesia imported a significant amount of coffee, tea, maté, and spices from Papua New Guinea. The value of these imports was recorded at US$14,149 thousand. This amount is lower than the previous period, which reached US$20,102 thousand. This product was sourced from 63 countries. Imports of coffee, tea, maté, and spices from Papua New Guinea ranked seventh. Five other countries that are major suppliers of coffee, tea, maté, and spices are India, Vietnam, Tanzania, the United Republic of, Malaysia, and Madagascar.
4. Wood and wood articles
For wood and wood articles, Indonesia imported a significant amount from Papua New Guinea. The value of these imports was recorded at US$2,450 thousand. This amount is lower than the previous period, which reached US$2,642 thousand. Trademap data shows that Indonesia imports wood and wood articles from 62 countries. Imports of wood and wood articles from Papua New Guinea ranked 22nd. Other countries among the top five suppliers of this imported product to Indonesia are China, the United States, New Zealand, Thailand, and Malaysia.
5. Vegetable fats and oils and their cleavage products
Also falling under HS code 15, vegetable fats and oils and their cleavage products are grouped with edible fats and animal or vegetable fats and oils. Indonesia imported US$300 thousand from Papua New Guinea. Trademap data shows that Indonesia imports vegetable fats and oils and their cleavage products from 52 countries. Imports of vegetable fats and oils and their cleavage products from Papua New Guinea ranked 31st. Other countries among the top five suppliers of this imported product to Indonesia are the Philippines, Malaysia, Thailand, Singapore, and China.