Indonesia recorded imports from Guinea totaling US$4.85 million as of December 2021. This figure represents an 881.98% increase compared to imports in the previous year, which were recorded at US$0.49 million.
Indonesia's trade record with 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 97 products (two-digit HS codes) imported from Guinea, 0.04 thousand products were worth more than one billion dollars. Most imported products from Guinea are also imported from other countries, with only two products falling into this category.
The following is a list of the top five products imported by Indonesia from Guinea, ordered from highest to lowest transaction value:
1. Cocoa and cocoa preparations
Cocoa and cocoa preparations (HS Code 18) were the top import from Guinea. Indonesia imported US$4,825,000 worth of these products. This represents an increase compared to the previous period, which recorded US$480,000.
2. Machinery, mechanical appliances, nuclear reactors, boilers
Falling under HS Code 84, this category includes machinery, mechanical appliances, nuclear reactors, boilers, and their parts. Indonesia imported US$25,000 worth of these products.
3. Man-made staple fibers
This product is imported from 53 countries. Imports of man-made staple fibers from Guinea ranked 154th. In 2021, Indonesia recorded imports valued at US$0. Other top five suppliers of this product to Indonesia include China, Japan, Thailand, the United States, and the Republic of Korea.
4. Products of animal origin, not elsewhere specified or included
Indonesia imports this product from 26 countries. Imports of products of animal origin, not elsewhere specified or included, from Guinea ranked 140th. In 2021, Indonesia recorded imports valued at US$0. Besides Guinea, the largest imports of this product came from China, the United States, Hong Kong, China, New Zealand, and Italy.
5. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
This product is imported from 109 countries. Imports of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Guinea ranked 182nd. In 2021, Indonesia recorded imports valued at US$0. Besides Guinea, the largest imports of this product came from China, Japan, the United States, Singapore, and Germany.