Indonesia's Iron Imports from South Africa Fall to US$466.65 Million

Indonesia recorded imports from South Africa totaling US$688.88 million as of December 2020. This figure shows a 15.57% decrease compared to imports in the previous year, which were recorded at US$815.88 million.

Indonesia's trade record with South Africa shows an upward trend in imports over the past 10 years. The lowest Indonesian import value was US$231.94 million, while the highest was US$1.07 billion.

Of the 97 products (two-digit HS codes) imported from South Africa, 0.03 thousand products were worth more than one billion dollars. Most imported products from South Africa are also imported from other countries, totaling 0.06 thousand products.

The following is a list of the top five products imported by Indonesia from South Africa, ordered from highest to lowest transaction value:

1. Iron and steel

Iron and steel (HS code 72) were the top import from South Africa, with imports totaling US$466.65 million. This is lower than the previous period, which reached US$510.99 million.

2. Ores, slag, and ash

Indonesia imported ores, slag, and ash (HS code 26) worth US$72,816 thousand.

3. Wood pulp and other fibrous cellulosic materials

Indonesia also imported a significant amount of wood pulp and other fibrous cellulosic materials from South Africa, totaling US$45,734 thousand. This is lower than the previous period, which reached US$76,891 thousand. Imports of wood pulp and other fibrous cellulosic materials from South Africa ranked seventh. Besides South Africa, the largest importers of this product to Indonesia are the United States, Canada, France, Italy, and Sweden. Indonesia also imported this product from 45 countries.

4. Sugar and confectionery

This product was sourced from 46 countries. Imports of sugar and confectionery from South Africa ranked sixth. In 2020, Indonesia imported US$25,637 thousand. Besides South Africa, the largest importers of this product to Indonesia are Thailand, Brazil, India, China, and the United States.

5. Aluminum and articles thereof

Indonesia imported this product from 80 countries. Imports of aluminum and articles thereof from South Africa ranked sixteenth. In 2020, Indonesia imported US$14,844 thousand. Other top five suppliers of this imported product to Indonesia include China, the United States, Malaysia, Singapore, and the Republic of Korea.