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Indonesia recorded imports from Guyana worth US$0.55 million as of December 2023. This value increased by 34.72% compared to the previous year's imports, which were recorded at US$0.41 million.
Indonesia's trade record with Guyana 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 Guyana, 40 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports three main products annually from this country. This indicates a significant dependence on these imported products. The majority of other products are also imported from other countries.
The following is a list of the top five products Indonesia imported from Guyana, ordered from highest to lowest transaction value:
1. Ores, slag, and ash
Indonesia imported a significant amount of Ores, slag, and ash. In the Trademap classification, Ores, slag, and ash fall under HS code 26. In 2023, Indonesia imported US$0.54 million. Imports of Ores, slag, and ash increased compared to the previous period, which recorded US$397,000.
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$7,000 worth.
3. Live animals
Another product, Live animals, falls under HS code 01. Indonesia imported US$2,000, lower than the previous period which reached US$6,000. Besides Guyana, Indonesia also relies on imports of Live animals from France, the Netherlands, Canada, Denmark, and Germany. In addition to these main countries, Indonesia imported this product from four other countries.
4. Prepared feathers and down and articles made of feathers or down
Fourthly, Indonesia also imported a significant amount of Prepared feathers and down and articles made of feathers or down from Guyana. The value of imports of this product in 2023 was US$0. In the previous year, Indonesia did not record any imports from this country. Indonesia recorded imports of this product from 0 countries. Imports of Prepared feathers and down and articles made of feathers or down from Guyana were recorded as the largest. Five other countries that are sources of imports of Prepared feathers and down and articles made of feathers or down are China, India, Indonesia, Germany, and the Democratic People's Republic of Korea.
5. Ceramic products
Indonesia also imported a significant amount of Ceramic products from Guyana. The value of imports of this product was US$0. In the previous year, Indonesia did not record any imports from this country. The largest importer of Ceramic products currently remains Guyana. Besides this country, the five largest countries that are sources of Indonesia's Ceramic product imports are China, Italy, Spain, Germany, and India.
"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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