Indonesia recorded imports from Bulgaria totaling US$120,087 thousand as of December 2022. This figure represents a 34.54% increase compared to the previous year's imports of US$89,255 thousand.
Indonesia's trade record with Bulgaria shows an upward trend in imports over the past 10 years. 2022 marked a historical high with the highest import value ever recorded.
Of the 97 products (two-digit HS codes) imported from Bulgaria, 40 products were valued at over one billion dollars. Most of the imported products from Bulgaria are also imported from other countries, totaling 56 products.
The following is a list of the top five products imported by Indonesia from Bulgaria, ordered from highest to lowest transaction value.
1. Cereals
Cereals, classified under HS code 10 in Trademap, were the top import from Bulgaria. Indonesia imported US$68,894 thousand worth of cereals. This represents an increase compared to the previous period's US$58,130 thousand.
2. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus, under HS code 90, were imported by Indonesia to the value of US$14,461 thousand.
3. Inorganic chemicals
Third on the list, under HS code 28, inorganic chemicals are categorized together with organic or inorganic compounds of precious metals, of rare-earth metals, etc. Indonesia imported US$10,691 thousand worth of these products from Bulgaria. Imports of inorganic chemicals from Bulgaria ranked 18th. Besides Bulgaria, the largest importers of inorganic chemicals to Indonesia are Mali, China, Japan, the United States, and the Republic of Korea. Indonesia also imports this product from 64 countries.
4. Electrical machinery and equipment and parts thereof
Indonesia also imported US$5,382 thousand worth of electrical machinery and equipment and parts thereof from Bulgaria. This represents an increase compared to the previous period's US$2,288 thousand. This product is sourced from 147 countries. Imports of electrical machinery and equipment and parts thereof from Bulgaria ranked 40th. Other top five suppliers of this import product to Indonesia are China, Mali, Singapore, the Republic of Korea, and Japan.
5. Coffee, tea, maté and spices
For coffee, tea, maté, and spices, classified under HS code 09 in Trademap, Indonesia imported US$4,789 thousand, lower than the previous period's US$7,147 thousand. Trademap data shows that Indonesia imports coffee, tea, maté, and spices from 62 countries. Imports of coffee, tea, maté, and spices from Bulgaria ranked 13th. The other five major countries supplying coffee, tea, maté, and spices are Madagascar, India, Tanzania, the United Republic of, Vietnam, and Brazil.