Indonesia Imported the Most Machinery from the Turks and Caicos Islands in 2023

Indonesia recorded imports from the Turks and Caicos Islands totaling US$10,000 as of December 2023. This figure represents a 25% increase compared to the previous year's imports, which were recorded at US$8,000.

Indonesia's trade record with the Turks and Caicos Islands shows an upward trend in imports over the past 10 years. 2023 marks a historical record with the highest import value ever recorded.

Of the 97 total products (two-digit HS codes) imported from the Turks and Caicos Islands, 39 products were valued at over one billion dollars. Furthermore, according to Trademap data, four main products are imported annually from this country by Indonesia. 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 imported by Indonesia from the Turks and Caicos Islands. This list is ordered from highest to lowest transaction value.

1. Machinery and electrical equipment and parts

Falling under HS code 85, Machinery and electrical equipment and parts are grouped with sound recorders and reproducers, and televisions. Imports of this product from the Turks and Caicos Islands rank first. Indonesia imported US$7,000 worth of these products. Imports of Machinery and electrical equipment and parts; sound recorders and reproducers, and televisions increased compared to the previous period, which recorded US$2,000.

2. Vehicles other than railway or tramway rolling stock, and parts and accessories

Vehicles other than railway or tramway rolling stock, and parts and accessories, with HS code 87. Indonesia imported US$1,000 worth of these products from this country.

3. Nuclear reactors, boilers, machinery and mechanical appliances

Imports of Nuclear reactors, boilers, machinery and mechanical appliances from the Turks and Caicos Islands are currently the largest. Indonesia imported US$1,000 worth of these products from this country. Other major import sources for Nuclear reactors, boilers, machinery and mechanical appliances include China, Germany, the United States, Japan, and Italy.

4. Railway or tramway locomotives, rolling stock and parts

Imports of Railway or tramway locomotives, rolling stock and parts from the Turks and Caicos Islands are currently the largest. Indonesia imported US$1,000 worth of these products from this country. Other major import sources for Railway or tramway locomotives, rolling stock and parts include China, Mexico, the United States, Germany, and Spain.

5. Footwear, headgear and the like

Other imports include Footwear, headgear and the like, valued at US$0. In the previous year, Indonesia did not record any imports from this country. The largest current source of Footwear, headgear and the like imports remains the Turks and Caicos Islands. Besides this country, the five largest sources of Footwear, headgear and the like imports for Indonesia are China, Vietnam, Italy, Germany, and Belgium.