Indonesia Imported US$0.73 Million Worth of Machinery from Macau in 2023
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Indonesia recorded imports from Macau of US$2.5 million as of December 2023. This figure represents a drastic 47.21% decrease compared to the previous year's imports of US$4.73 million.
Indonesia's trade record with Macau shows a significant reduction in imports over the past 10 years. The lowest import value was US$2.5 million, while the highest reached US$13.84 million.
Of the 97 products (two-digit HS codes) imported from Macau, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 30 main products annually from this country. This indicates a considerable dependence on these imported products. The remaining imports consist largely of products also imported from other countries.
The following is a list of the top five products imported by Indonesia from Macau, ordered from highest to lowest transaction value:
1. Electrical machinery, equipment and parts
Indonesia imports a significant amount of electrical machinery, equipment and parts. In the Trademap classification, electrical machinery, equipment and parts fall under HS code 85. This product category is grouped together with sound recorders and reproducers, and televisions.
In 2023, Indonesia imported US$0.73 million worth of these goods. This is lower than the previous period's US$971,000.
2. Garments and clothing accessories, not knitted or crocheted
Garments and clothing accessories, not knitted or crocheted, fall under HS code 62 in the Trademap classification. Indonesia imported US$0.3 million worth of these products.
3. Cotton
Cotton, with HS code 52, was imported for a value of US$0.29 million. Trademap data shows Indonesia imports cotton from four countries, with Macau being the largest supplier. The other five major cotton suppliers are China, the United States, India, Brazil, and Pakistan.
4. Copper
This product is sourced from a single country, with Macau being the largest supplier. In 2023, Indonesia imported US$0.28 million worth of copper. The other five major copper suppliers are Chile, the Democratic Republic of Congo, Germany, Japan, and the United States.
5. Other chemical products
Indonesia also imports a significant amount of other chemical products from Macau, valued at US$0.2 million. This represents an increase compared to the previous period's US$46,000. Trademap data shows Indonesia imports other chemical products from four countries, with Macau being the largest supplier. The other top five suppliers are the United States, Germany, China, the Netherlands, and France.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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