Indonesia Imported the Most Fish and Crustaceans from Namibia in 2023
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Indonesia recorded imports from Namibia totaling US$0.96 million as of December 2023. This figure represents a drastic 71.09% decrease compared to the previous year's imports of US$3.32 million.
Indonesia's trade record with Namibia shows a significant decline in imports over the past 10 years. The lowest import value was US$0.95 million, while the highest reached US$12.88 million.
Of the 97 products (two-digit HS codes) imported from Namibia, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, seven main products are imported annually from Namibia by Indonesia. This indicates a considerable dependence on these imported products. The majority of other products are also imported from various other countries.
The following is a list of the top five products imported by Indonesia from Namibia, ordered from highest to lowest transaction value.
- Fish and crustaceans, molluscs and other aquatic invertebrates
- Edible fruits and nuts
- Machinery and electrical equipment and parts
- Salt
- Leather
Indonesia imported a significant amount of Fish and crustaceans, molluscs and other aquatic invertebrates. In the Trademap classification, these fall under HS code 03. In 2023, Indonesia imported US$0.38 million worth of these products. This is lower than the previous period's US$2,985 thousand.
Indonesia's second largest import from Namibia was Edible fruits and nuts, valued at US$0.2 million in 2023. This represents an increase compared to the previous period's US$45 thousand.
Imports of Machinery and electrical equipment and parts from Namibia are currently the largest. Indonesia imported US$0.19 million worth of these products. Other major suppliers of Machinery and electrical equipment and parts to Indonesia include China, Hong Kong, China, Taipei, China, the United States, and Germany.
Under HS code 25, Salt is categorized with sulfur, earth and stone, plastering materials, lime and cement. Indonesia imported US$0.18 million worth of salt, an increase compared to the previous period's US$59 thousand. Namibia remains the largest supplier of salt to Indonesia. Other top five suppliers include China, Türkiye, the United States, Germany, and India.
Indonesia also imported a significant amount of leather from Namibia, valued at US$7 thousand in 2023. This is an increase compared to the previous period's US$1 thousand. Indonesia imports this product from a single country, with Namibia being the largest supplier. Other top five suppliers include China, France, Italy, Vietnam, 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."