Indonesia's Essential Oil Imports from France Rise to US$176.78 Million

Indonesia recorded imports from France totaling US$1.28 billion as of December 2021. This figure represents a 6.11% decrease compared to the previous year's imports, which were recorded at US$1.36 billion.

Indonesia's trade record with France shows a significant decline in imports over the past 10 years. The lowest import value was US$1.28 billion, while the highest reached US$1.93 billion.

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

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

1. Essential oils and resinoids

Indonesia imported a significant amount of essential oils and resinoids. In the tradmap classification, essential oils and resinoids fall under HS code 33. This product category is grouped with fragrances, cosmetics, or toilet preparations. In 2021, Indonesia imported US$176.78 million worth. This represents an increase compared to the previous period, which recorded US$96.812 million.

2. Machinery, mechanical appliances, nuclear reactors, boilers

Second, Indonesia's largest imports were machinery, mechanical appliances, nuclear reactors, and boilers. Imports from France in 2021 totaled US$171.47 million. This is lower than the previous period, which reached US$299.58 million.

3. Electrical machinery and equipment and parts thereof

Third, Indonesia also imported a significant amount of electrical machinery and equipment and parts thereof from France. Imports of this product in 2021 amounted to US$102.45 million. This is lower than the previous period, which reached US$108.6 million. Indonesia imported this product from 147 countries. Imports of electrical machinery and equipment and parts thereof from France ranked 16th. Other top five suppliers of this import product to Indonesia include China, Singapore, Taipei, China, Japan, and South Korea.

4. Dairy products

Indonesia also imported US$99,106 thousand worth of dairy products from France. This represents an increase compared to the previous period, which recorded US$51,580 thousand. Imports of dairy products from France ranked fourth. Besides France, the largest imports of dairy products came from New Zealand, the United States, Belgium, and Germany. Indonesia also imported this product from 29 countries.

5. Pharmaceutical products

For pharmaceutical products, Indonesia imported a significant amount from France. Imports totaled US$85,339 thousand. This represents an increase compared to the previous period, which recorded US$74,617 thousand. Indonesia imported this product from 72 countries. Imports of pharmaceutical products from France ranked eighth. Other top five suppliers of this import product to Indonesia include China, the United States, Belgium, Spain, and India.