Indonesia's Top Imports from Bangladesh in 2023

Indonesia recorded US$94.98 million in imports from Bangladesh as of December 2023. This represents a significant 13.71% decrease compared to the previous year's imports of US$110.07 million.

Over the past 10 years, Indonesia's trade record with Bangladesh shows an upward trend in imports. The lowest import value was US$59.47 million, while the highest reached US$110.07 million.

Of the 97 products (two-digit HS codes) imported from Bangladesh, 39 were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 45 main products annually from this country. This indicates a considerable 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 Indonesia imported from Bangladesh in 2023, ordered from highest to lowest transaction value:

1. Clothing and clothing accessories, not knitted or crocheted



Indonesia imported a significant amount of clothing and clothing accessories, not knitted or crocheted, ranking first. In the Trademap classification, these fall under HS code 62. In 2023, Indonesia imported US$30.95 million worth of these goods. This is lower than the previous period's US$31.245 million.


2. Knitted or crocheted clothing and clothing accessories



Indonesia's second largest import from Bangladesh was knitted or crocheted clothing and clothing accessories, totaling US$29.27 million in 2023. This is lower than the previous period's US$36.833 million.


3. Other vegetable textile fibers



Imports of other vegetable textile fibers from Bangladesh currently represent the largest share. Indonesia imported US$12.77 million worth from this country. Other major suppliers of other vegetable textile fibers include China, France, Belgium, India, and Italy.


4. Manufactured tobacco and tobacco substitutes



Imports of manufactured tobacco and tobacco substitutes from Bangladesh are currently among the largest. Indonesia imported US$5.67 million from this country. Other major suppliers of manufactured tobacco and tobacco substitutes include China, the United Arab Emirates, Poland, Germany, and Brazil.


5. Other made-up textile articles



Imports of other made-up textile articles from Bangladesh are currently among the largest. Indonesia imported US$3.91 million worth from this country. Other major suppliers of other made-up textile articles include China, India, Pakistan, Germany, and the United States.