Indonesia's Imports of Machinery from the Netherlands Increase to US$138.96 Million

Indonesia recorded imports from the Netherlands totaling US$804.33 million as of December 2020. This figure represents a significant 3.33% decrease compared to the previous year's imports of US$832.01 million.

Indonesia's trade record with the Netherlands shows an upward trend in imports over the past 10 years. The lowest import value was US$723.62 million, while the highest reached US$1.24 billion.

Of the 97 products (two-digit HS codes) imported from the Netherlands, 70 products were worth over one billion dollars. Most imported products from the Netherlands are also imported from other countries, totaling 90 products.

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

1. Machinery, mechanical appliances, nuclear reactors, boilers (HS Code 84)

This category includes machinery, mechanical appliances, nuclear reactors, boilers, and their parts. Imports of these products from the Netherlands ranked first, totaling US$138.96 million. This represents an increase compared to the previous period's US$114.65 million.

2. Electrical machinery and equipment and parts thereof

Indonesia's second-largest import from the Netherlands was electrical machinery and equipment and parts thereof, valued at US$66,186,000 in 2020. This is lower than the previous period's US$75,432,000.

3. Weapons and ammunition

Indonesia imported weapons and ammunition from 35 countries. Imports from the Netherlands ranked second. In 2020, imports totaled US$63,758,000. Other major suppliers of weapons and ammunition include Switzerland, Italy, the Russian Federation, and the United States.

4. Plastics and articles thereof

Indonesia also imports significant quantities of plastics and articles thereof from the Netherlands, totaling US$44,878,000. This represents an increase compared to the previous period's US$36,736,000. Indonesia imports these products from 110 countries, with the Netherlands ranking 15th. Other major suppliers include China, Singapore, Thailand, South Korea, and Malaysia.

5. Dairy products

Imports of dairy products from the Netherlands ranked sixth in 2020, totaling US$35,732,000. Other major suppliers include New Zealand, the United States, Belgium, France, and Germany.