Indonesia's Top Imports from Guinea in 2023

Indonesia recorded US$70.44 million in imports from Guinea as of December 2023. This figure represents a 141.04% increase compared to the previous year's imports, which totaled US$29.22 million.

Indonesia's trade record with Guinea shows an upward trend in imports over the past 10 years. 2023 marked a historical high with the highest import value ever recorded.

Of the 97 products (two-digit HS codes) imported from Guinea, 39 products were valued at over one billion dollars. Furthermore, according to Trademap data, six main products are imported annually from Guinea. This indicates a significant dependence on these imported products. The majority of other imported products are also commonly imported from other countries.

The following is a list of the top five products imported by Indonesia from Guinea, ordered from highest to lowest transaction value:

1. Cocoa and cocoa preparations: Indonesia imported a significant amount of cocoa and cocoa preparations. In the Trademap classification, cocoa and cocoa preparations fall under HS code 18. In 2023, Indonesia imported US$70.41 million worth. This represents an increase compared to the previous period, which recorded US$29,216,000.

2. 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. Indonesia imported US$11,000.

3. Rubber: Imports of rubber from Guinea were the largest. In 2023, Indonesia recorded imports valued at US$7,000. Five other countries that are major sources of rubber imports are China, Germany, Thailand, the United States, and Japan.

4. Printed books, newspapers, pictures and other products of the printing industry: Indonesia also imported US$2,000 worth of printed books, newspapers, pictures and other products of the printing industry from Guinea. There were no recorded imports from Guinea in the previous year. This import from Guinea represents the largest single source for this product category. Five other countries that are major sources of imports for this category are the United States, China, Germany, the United Arab Emirates, and the United Kingdom.

5. Electrical machinery and equipment and parts: Imports of electrical machinery and equipment and parts from Guinea are currently the largest. Indonesia imported US$2,000 from Guinea. Other major sources of imports for electrical machinery and equipment and parts are China, Hong Kong, China, Taipei, China, the United States, and Germany.