Indonesia's Main Imports from Uruguay in 2023

Indonesia recorded imports from Uruguay worth US$18.33 million as of December 2023. This represents a drastic 22.09% decrease compared to the previous year's imports, which totaled US$23.53 million.

Indonesia's trade record with Uruguay shows a significant reduction in imports over the past 10 years. The lowest import value was US$9.17 million, while the highest reached US$38.15 million.

Of the 97 products (two-digit HS codes) imported from Uruguay, 41 products were worth more than one billion dollars. Furthermore, according to Trademap data, seven main products are imported annually from Uruguay. This indicates a considerable dependence on these imported products. The remaining products are largely imported from other countries as well.

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

1. Wood and wood articles

Indonesia imports a significant amount of wood and wood articles. In the Trademap classification, wood and wood articles fall under HS code 44. This product category is grouped together with charcoal. In 2023, Indonesia imported US$9.68 million worth of these products. This is lower than the previous period's US$11.65 million.

2. Fish and crustaceans, molluscs and other aquatic invertebrates

Fish and crustaceans, molluscs and other aquatic invertebrates fall under HS code 03. Indonesia imported US$5.48 million worth of these products.

3. Raw hides and skins (other than furskins) and leather

Raw hides and skins (other than furskins) and leather fall under HS code 41. Indonesia imported US$2.36 million worth of these products from Uruguay, representing the largest import from this country. Other top five suppliers of this product to Indonesia include Italy, the United States, Brazil, China, and Spain.

4. Wood pulp or other cellulose fibres

Imports of wood pulp or other cellulose fibres from Uruguay are currently the largest. Indonesia imported US$0.79 million worth of this product. Other major suppliers of wood pulp or other cellulose fibres include the United States, Brazil, Canada, Indonesia, and Sweden.

5. Natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals

Imports of natural or cultured pearls, precious or semi-precious stones, precious metals, and clad metals totaled US$4,000. This is lower than the previous period's US$63,000. Trademap data shows that Indonesia imports these products from four countries, with Uruguay being the largest supplier. The other top five countries supplying these products are Switzerland, the United Arab Emirates, Hong Kong, China, the United Kingdom, and the United States.