- A Small Font
- A Medium Font
- A Bigger Font
Indonesia recorded imports from Nigeria of US$0.15 million as of December 2023. This figure represents a drastic 17.42% decrease compared to the previous year's imports of US$0.18 million.
Indonesia's trade record with Nigeria shows a significant reduction in imports over the past 10 years. The lowest import value was US$13,000, while the highest reached US$0.73 million.
Of the 97 products (two-digit HS codes) imported from Nigeria, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, eight main products are imported annually from Nigeria. This indicates a considerable dependence on these imported products. The remaining products are largely imported from other countries as well.
The following is a list of the top five products imported by Indonesia from Nigeria, ordered from highest to lowest transaction value.
1. Paper and Paperboard
Indonesia imports a significant amount of Paper and Paperboard. In the Trademap classification, Paper and Paperboard falls under HS code 48. This product category is grouped with paper pulp articles, paper, or cardboard.
In 2023, Indonesia imported US$45,000 worth of these products. This is lower than the previous period's US$68,000.
2. Nuclear reactors, boilers, machinery, and mechanical appliances
Indonesia's second largest import from Nigeria is Nuclear reactors, boilers, machinery, and mechanical appliances. The 2023 import value was US$29,000, an increase from the previous year's US$8,000.
3. Other base metal articles
Next is Other base metal articles (HS code 83). Indonesia imported US$21,000 worth of these products from Nigeria. Besides Nigeria, Indonesia also relies on imports of Other base metal articles from China, Germany, the United States, Italy, and Mexico. In addition to these major countries, Indonesia imported this product from four other countries.
4. Copper
Another imported product is Copper, with imports totaling US$19,000. In the previous year, Indonesia recorded no imports of this product from Nigeria. Trademap data shows that Indonesia imports Copper from four countries. Imports from Nigeria represent the largest share. Other top five suppliers of this imported product to Indonesia include Chile, the Democratic Republic of Congo, Germany, Japan, and the United States.
5. Electrical machinery, equipment, and parts
Finally, Indonesia imports a significant amount of Electrical machinery, equipment, and parts from Nigeria, totaling US$13,000. This is lower than the previous period's US$20,000. Imports of Electrical machinery, equipment, and parts from Nigeria are the largest. Other top five suppliers of this imported product to Indonesia include China, Hong Kong, China, Taipei, China, the United States, and Germany.
"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."
Related Data
Latest Data Stories
Trending Topics
Popular Data