Indonesia Imported US$298.38 Million Worth of Aircraft from France in 2023
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Indonesia recorded imports from France worth US$1.67 billion as of December 2023. This figure represents a 25.1% increase compared to the previous year's imports, which were recorded at US$1.33 billion.
Indonesia's trade record with France 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 products (two-digit HS codes) imported from France, 70 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 87 main products from France annually. This indicates a significant dependence on these imported products. Many of these products are also imported from other countries in large quantities.
The following is a list of the top five products Indonesia imported from France. This list is ordered from the highest to lowest transaction value.
- Aircraft, spacecraft, and parts
- Nuclear reactors, boilers, machinery and mechanical appliances
- Essential oils and resinoids
- Electrical machinery and equipment and parts
- Pharmaceutical products
Indonesia imported a significant amount of aircraft, spacecraft, and parts. In the Trademap classification, aircraft, spacecraft, and parts fall under HS code 88. In 2023, Indonesia imported US$298.38 million worth of these products. This represents an increase compared to the previous period, which recorded US$19,153 thousand.
Second on the list is nuclear reactors, boilers, machinery and mechanical appliances. Imports from France in 2023 totaled US$210.94 million. This figure is up from the previous period's US$182.42 million.
Imports of essential oils and resinoids from France are currently the largest. Indonesia imported US$160.33 million worth of these products. Other major suppliers of essential oils and resinoids to Indonesia include the United States, Germany, Ireland, and Singapore.
Imports of electrical machinery and equipment and parts from France are currently the largest. Indonesia imported US$130.76 million worth of these products. Other major suppliers of electrical machinery and equipment and parts to Indonesia include China, Hong Kong, China, Taipei, China, the United States, and Germany.
Indonesia also imported a significant amount of pharmaceutical products from France. Imports totaled US$98.08 million, an increase compared to the previous period's US$95,508 thousand. Indonesia imported these products from a single country. France is the largest supplier of pharmaceutical products to Indonesia. Other top five suppliers include Germany, Switzerland, the United States, Belgium, and Ireland.
"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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