Indonesia's machinery imports from El Salvador fall to US$0.43 million
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Indonesia recorded imports from El Salvador worth US$0.8 million as of December 2023. This figure represents a drastic 50.44% decrease compared to the previous year's imports, which totaled US$1.6 million.
Indonesia's trade record with El Salvador shows a significant decline in imports over the past 10 years. The lowest import value reached US$0.28 million, while the highest reached US$40.31 million.
Of the 97 products (two-digit HS codes) imported from El Salvador, 40 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 12 main products annually from this country. This indicates a considerable dependence on these imported products. The remaining products are largely imported from other countries as well.
The following is a list of the five main products imported by Indonesia from El Salvador. This list is ordered from highest to lowest transaction value.
- Electrical machinery, equipment and parts
- Garments and clothing accessories, knitted or crocheted
- Nuclear reactors, boilers, machinery and mechanical appliances
- Pharmaceutical products
- Lac
Falling under HS code 85, Electrical machinery, equipment and parts are categorized together with sound recording and reproducing apparatus, television. Imports of this product from El Salvador rank first. Indonesia imported US$0.43 million worth of these products. The import value of Electrical machinery, equipment and parts; sound recording and reproducing apparatus, television is lower than the previous period, which reached US$1,191 thousand.
Garments and clothing accessories, knitted or crocheted, with HS code 61. Indonesia imported US$0.2 million worth of these products from El Salvador.
Imports of Nuclear reactors, boilers, machinery and mechanical appliances from El Salvador are currently the largest. Indonesia imported US$71 thousand worth of these products. Other major import sources for Nuclear reactors, boilers, machinery and mechanical appliances include China, Germany, the United States, Japan, and Italy.
Pharmaceutical products, under the Trademap classification, fall under HS code 30. Indonesia imported US$47 thousand worth of these products from El Salvador. The largest importer of Pharmaceutical products currently remains El Salvador. Besides this country, the five largest sources of Indonesia's Pharmaceutical product imports are Germany, Switzerland, the United States, Belgium, and Ireland.
For other products, Indonesia imports a significant amount of Lac from El Salvador. Imports of this product totaled US$11 thousand. This is lower than the previous period, which reached US$25 thousand. The largest importer of Lac currently remains El Salvador. Besides this country, the five largest sources of Indonesia's Lac imports are China, India, France, Spain, and the United States.
"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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