Indonesia's Top Imports from Luxembourg in 2023

Indonesia recorded imports from Luxembourg totaling US$8.03 million as of December 2023. This figure represents a 48.47% decrease compared to the previous year's imports of US$15.59 million.

Indonesia's trade record with Luxembourg shows a significant decrease in imports over the past 10 years. The lowest import value was US$6.31 million, while the highest reached US$38.77 million.

Of the 97 products (two-digit HS codes) imported from Luxembourg, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 32 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 Luxembourg, ordered from highest to lowest transaction value:

1. Nuclear reactors, boilers, machinery and mechanical appliances

Falling under HS code 84, Nuclear reactors, boilers, machinery and mechanical appliances are a group of imported goods categorized together with Parts. Imports of this product from Luxembourg rank first. Indonesia imported US$3.23 million worth. The import value of Nuclear reactors, boilers, machinery and mechanical appliances; Parts is lower than the previous period, which reached US$5,548,000.

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 with HS code 90. Indonesia imported US$1.88 million worth from this country.

3. Wadding, felt and nonwovens

Indonesia also imported US$0.56 million worth of Wadding, felt and nonwovens from Luxembourg. The import value of this product is lower than the previous period, which reached US$862,000. Indonesia is recorded as importing this product from one country. Imports of Wadding, felt and nonwovens from Luxembourg are the largest. Five other countries that are sources of Wadding, felt and nonwovens imports are China, Germany, the United States, Italy, and Japan.

4. Iron and steel

Imports of Iron and steel from Luxembourg are currently the largest. Indonesia imported US$0.43 million worth from this country. Other countries that are major sources of Iron and steel imports are China, Germany, Japan, Indonesia, and Korea, Republic of.

5. Electrical machinery and equipment and parts

Falling under HS code 85, Electrical machinery and equipment and parts are a group of imported goods categorized together with Sound recorders and reproducers, television. Indonesia imported US$0.38 million worth. Trademap data shows that Indonesia imports Electrical machinery and equipment and parts from 4 countries. Imports of Electrical machinery and equipment and parts from this country are the largest. Five other countries that are sources of Electrical machinery and equipment and parts imports are China, Hong Kong, China, Taipei, China, the United States, and Germany.