Indonesia imported US$4.73 million worth of cotton from Paraguay in 2023.
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Indonesia recorded US$6.07 million in imports from Paraguay as of December 2023. This figure represents an 89.24% decrease compared to the previous year's imports, which totaled US$56.4 million.
Indonesia's trade record with Paraguay shows a significant decline in imports over the past 10 years. The lowest import value was US$6.07 million, while the highest reached US$91.62 million.
Of the 97 products (two-digit HS codes) imported from Paraguay, 40 products were worth more than one billion dollars. Furthermore, according to Trademap data, Indonesia imports 13 main products annually from this country. This indicates a considerable dependence on these imported products. The remaining imports consist largely of products also imported from other countries.
The following is a list of the top five products Indonesia imported from Paraguay, ordered from highest to lowest transaction value.
- Cotton
- Oil seeds and oil nuts
- Raw hides and skins (other than furskins) and leather
- Edible vegetables and certain roots and tubers
- Nuclear reactors, boilers, machinery and mechanical appliances
Indonesia imported a significant amount of cotton, categorized under HS code 52 in the Trademap classification. In 2023, Indonesia imported US$4.73 million worth of cotton. This is lower than the previous period's US$5.535 million.
Second, Indonesia's largest imports were oil seeds and oil nuts. Imports from Paraguay in 2023 totaled US$0.48 million, an increase compared to the previous period's US$58,000.
This product was sourced from a single country. Imports of raw hides and skins (other than furskins) and leather from this country were the largest. In 2023, Indonesia imported US$0.33 million worth. Five other countries that supplied raw hides and skins (other than furskins) and leather to Indonesia were Italy, the United States, Brazil, China, and Spain.
Indonesia also imported US$0.29 million worth of edible vegetables and certain roots and tubers from Paraguay. This represents an increase compared to the previous period's US$245,000. Besides Paraguay, Indonesia also relies on imports of edible vegetables and certain roots and tubers from China, Mexico, the Netherlands, Spain, and Canada. In addition to these main countries, Indonesia imported this product from four other countries.
This product was sourced from a single country. Imports of nuclear reactors, boilers, machinery and mechanical appliances from this country were the largest. In 2023, Indonesia recorded imports valued at US$96,000. Other countries among the top five suppliers of this imported product to Indonesia were China, Germany, the United States, Japan, and Italy.
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