Indonesia recorded imports from the British Indian Ocean Territory (BIOT) valued at US$18,000 in December 2021. This represents an 800% increase compared to the previous year's imports of US$2,000.
Indonesia's trade record with the BIOT shows a drastic reduction in imports over the past 10 years. The lowest import value was US$2,000, while the highest reached US$350,000.
Of the 97 products (2-digit HS codes) imported from the BIOT, 0.04 thousand products were valued at over one billion dollars. Most imported products from this territory are also imported from other countries, with only one product falling into this category.
The following is a list of the top five products imported by Indonesia from the British Indian Ocean Territory, ordered by value of transaction (highest to lowest):
1. Organic chemicals
Organic chemicals (HS Code 29). Imports of this product from the BIOT ranked first, with Indonesia importing US$18,000. No imports were recorded from this territory in the previous year.
2. Cork and cork products
Second, Indonesia's largest import was cork and cork products. The import value from the BIOT in 2021 was recorded as US$0. No imports were recorded from this territory in the previous year.
3. Tableware, cutlery, spoons and forks, of base metal
Imports of tableware, cutlery, spoons and forks, of base metal from this territory ranked 170th. In 2021, Indonesia recorded imports of US$0. Five other countries that were major suppliers of this product to Indonesia are China, Japan, Singapore, South Korea, and Taiwan.
4. Articles of apparel and clothing accessories, knitted or crocheted
Imports of articles of apparel and clothing accessories, knitted or crocheted from this territory ranked 170th. In 2021, Indonesia recorded imports of US$0. Other top five suppliers of this product to Indonesia include China, Bangladesh, Vietnam, Turkey, and Cambodia.
5. Mineral fuels, mineral oils and products of their distillation
Indonesia imported this product from 77 countries. Imports of mineral fuels, mineral oils and products of their distillation from this territory ranked 166th. In 2021, Indonesia recorded imports valued at US$0. Besides this territory, the largest imports of mineral fuels, mineral oils and products of their distillation came from Singapore, Malaysia, Saudi Arabia, the United States, and Nigeria.