Indonesia Imported US$284.74 Million Worth of Cereals from Bulgaria in 2023
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Indonesia recorded US$346.36 million in imports from Bulgaria as of December 2023. This figure represents a 188.42% increase compared to the previous year's imports of US$120.09 million.
Indonesia's trade record with Bulgaria shows an upward trend in imports over the past 10 years. 2023 marked a historic high with the highest import value ever recorded.
Of the 97 products (two-digit HS codes) imported from Bulgaria, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 56 main products from this country annually. This indicates a significant 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 imported by Indonesia from Bulgaria, ordered from highest to lowest transaction value.
- Cereals
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
- Arms and ammunition
- Inorganic chemicals
- Coffee, tea, maté and spices
Indonesia imported a significant amount of Cereals, categorized under HS code 10 in the Trademap classification. In 2023, Indonesia imported US$284.74 million worth of cereals. This represents an increase compared to the previous period's US$68,894,000.
Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus (HS code 90). Indonesia imported US$17.36 million worth of these products from Bulgaria.
Indonesia imported a significant amount of arms and ammunition from Bulgaria, valued at US$11.26 million. This is an increase compared to the previous period's US$937,000. Currently, the largest importer of arms and ammunition to Indonesia is Bulgaria. Besides Bulgaria, the top five countries supplying arms and ammunition to Indonesia are the United States, Italy, Türkiye, the United Kingdom, and Poland.
Indonesia's imports of inorganic chemicals from Bulgaria were the highest. In 2023, Indonesia imported US$6.99 million worth of these products. Other top five suppliers of inorganic chemicals to Indonesia include China, South Korea, the United States, Germany, and Chile.
Indonesia's imports of coffee, tea, maté, and spices from Bulgaria were also significant. In 2023, Indonesia imported US$4.01 million worth of these products. The other top five countries supplying these products to Indonesia are Brazil, Vietnam, India, Germany, and China.
"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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