Indonesia Imported the Most Machinery from Cyprus in 2023

Indonesia recorded US$9.22 million in imports from Cyprus as of December 2023. This figure represents a drastic 30.11% decrease compared to the previous year's imports of US$13.19 million.

Indonesia's trade record with Cyprus shows an upward trend in imports over the past 10 years. The lowest import value was US$2.57 million, while the highest reached US$52.89 million.

Of the 97 products (two-digit HS codes) imported from Cyprus, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 14 main products annually from this country. This indicates a significant 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 Indonesia imported from Cyprus, ordered from highest to lowest transaction value.

1. Machinery, electrical equipment and parts



Falling under HS code 85, Machinery, electrical equipment and parts are grouped with sound recorders and reproducers, and televisions. Imports of this product from Cyprus ranked first, with Indonesia importing US$6.1 million. The import value of Machinery, electrical equipment and parts; sound recorders and reproducers, and televisions was lower than the previous period, which reached US$6,509,000.


2. Aircraft, spacecraft, and parts



Second, Indonesia's largest imports were Aircraft, spacecraft, and parts. The import value from Cyprus in 2023 was recorded at US$1.78 million. This figure is higher than the previous period, which was recorded at US$5,000.


3. Prepared vegetables, fruit, nuts or other parts of plants



Other imports included Prepared vegetables, fruit, nuts or other parts of plants, totaling US$0.72 million. The import value of this product increased compared to the previous period, which was recorded at US$384,000. Besides Cyprus, Indonesia also relies on imports of Prepared vegetables, fruit, nuts or other parts of plants from China, the Netherlands, Belgium, Italy, and the United States. In addition to these main countries, Indonesia also imported this product from four other countries.


4. Nuclear reactors, boilers, machinery and mechanical equipment





Fourth, Indonesia also imported US$0.28 million worth of Nuclear reactors, boilers, machinery and mechanical equipment from Cyprus. The import value of this product increased compared to the previous period, which was recorded at US$55,000. Trademap data shows that Indonesia imports Nuclear reactors, boilers, machinery and mechanical equipment from four countries. Imports of Nuclear reactors, boilers, machinery and mechanical equipment from this country are the largest. Other countries among the top five suppliers of this imported product to Indonesia are China, Germany, the United States, Japan, and Italy.


5. Essential oils and resinoids



Imports of Essential oils and resinoids from Cyprus are currently the largest. From this country, Indonesia imported US$0.11 million. Other countries that are major suppliers of Essential oils and resinoids are France, the United States, Germany, Ireland, and Singapore.