Indonesia's Aluminum Imports from Iceland Rise to US$4,413,000

Indonesia recorded imports from Iceland totaling US$8.15 million as of December 2022. This figure represents a 4.52% increase compared to the previous year's imports, which were recorded at US$7.79 million.

Indonesia's trade record with Iceland shows an upward trend in imports over the past 10 years. 2022 marked a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Iceland, 40 products were worth more than one billion dollars. Most of the imported products from Iceland are also imported from other countries; there are 11 such products.

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

1. Aluminum and articles thereof

Indonesia imported a significant amount of Aluminum and articles thereof. In the tradmap classification, Aluminum and articles thereof fall under the HS code 76. In 2022, Indonesia imported US$4,413,000. This import value increased compared to the previous period, which recorded US$2,214,000.

2. Fish and crustaceans, molluscs and other aquatic invertebrates

Second, Indonesia's largest imports were Fish and crustaceans, molluscs and other aquatic invertebrates. Imports from Iceland in 2022 totaled US$3,440,000. This figure is lower than the previous period, which reached US$5,302,000.

3. Nuclear reactors, boilers, machinery and mechanical appliances

Indonesia also imported a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances from Iceland. The import value of this product was US$146,000. This amount increased compared to the previous period, which recorded US$64,000. Imports of Nuclear reactors, boilers, machinery and mechanical appliances from Iceland were ranked 81st. Besides Iceland, the largest imports of Nuclear reactors, boilers, machinery and mechanical appliances originated from [Country Name Missing], China, Japan, Thailand, and the United States. Indonesia also imported this product from 151 countries.

4. Animal, vegetable or microbial fats and oils and their cleavage products

Indonesia imported this product from 50 countries. Imports of Animal, vegetable or microbial fats and oils and their cleavage products from Iceland were ranked 40th. In 2022, Indonesia recorded imports worth US$63,000. Besides Iceland, the largest imports of Animal, vegetable or microbial fats and oils and their cleavage products originated from the Philippines, Malaysia, Thailand, Singapore, and [Country Name Missing].

5. Other chemical products

Indonesia imported this product from 70 countries. Imports of Other chemical products from Iceland were ranked 64th. In 2022, Indonesia recorded imports worth US$22,000. Five other countries that were sources of Other chemical products imports were China, [Country Name Missing], Japan, Singapore, and the United States.