Indonesia's Mineral Fuel Imports from Papua New Guinea Increase to US$ 85,034,000

Indonesia recorded US$125.8 million in imports from Papua New Guinea as of December 2021. This figure represents a 276.98% increase compared to the previous year's imports, which totaled US$33.37 million.

Indonesia's trade record with Papua New Guinea shows an upward trend in imports over the past 10 years. 2021 marked a historical record with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Papua New Guinea, 0.04 thousand products were worth more than one billion dollars. Most imported products from Papua New Guinea are also imported from other countries, totaling 0.02 thousand products.

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

1. Mineral fuels, mineral oils and products of their distillation

Falling under HS code 27, mineral fuels, mineral oils and products of their distillation are categorized together with bituminous substances and mineral waxes. Imports of this product from Papua New Guinea ranked first. Indonesia imported US$85,034 thousand. Imports of mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes increased compared to the previous period, which recorded US$1 thousand.

2. Cocoa and cocoa preparations

Cocoa and cocoa preparations, classified under the Trademap system, fall under HS code 18. Indonesia imported US$22,691 thousand from Papua New Guinea.

3. Coffee, tea, maté and spices

Indonesia also imported a significant amount of coffee, tea, maté, and spices from Papua New Guinea, totaling US$14,149 thousand. This is lower than the previous period, which reached US$20,102 thousand. Imports of coffee, tea, maté, and spices from Papua New Guinea ranked seventh. Other top five suppliers of this import product to Indonesia include India, Vietnam, Tanzania, the United Republic of, Malaysia, and Madagascar.

4. Wood and wood articles

Indonesia also imported a significant amount of wood and wood articles from Papua New Guinea, valued at US$2,450 thousand in 2021. This is lower than the previous period, which reached US$2,642 thousand. Imports of wood and wood articles from Papua New Guinea ranked 22nd. Besides Papua New Guinea, the largest imports of wood and wood articles came from China, the United States, New Zealand, Thailand, and Malaysia. Indonesia also imported this product from 62 countries.

5. Vegetable oils and fats and their cleavage products

Fifth on the list, Indonesia also imported a significant amount of vegetable oils and fats and their cleavage products from Papua New Guinea, valued at US$300 thousand in 2021. This is lower than the previous period, which reached US$1,163 thousand. Imports of vegetable oils and fats and their cleavage products from Papua New Guinea ranked 31st. Besides Papua New Guinea, the largest imports of vegetable oils and fats and their cleavage products came from the Philippines, Malaysia, Thailand, Singapore, and China. Indonesia also imported this product from 52 countries.