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Indonesia recorded imports from Sweden totaling US$815.04 million as of December 2023. This figure represents a 31.39% increase compared to the previous year's imports of US$620.32 million.
Indonesia's trade record with Sweden 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 Sweden, 45 products were valued at over one billion dollars. Furthermore, according to Trademap data, Indonesia imports 72 main products from Sweden annually. This indicates a significant dependence on these imported products. Many of these products are also imported from other countries.
The following is a list of the top five products imported by Indonesia from Sweden, ordered from highest to lowest transaction value.
- Nuclear reactors, boilers, machinery and mechanical appliances
- Vehicles other than railway or tramway rolling-stock, and parts and accessories
- Paper and Paperboard
- Wood pulp or other cellulose fibers
- Other chemical products
Indonesia imported a significant amount of Nuclear reactors, boilers, machinery and mechanical appliances. In the Trademap classification, these fall under HS code 84. This product category is grouped with the Section...
In 2023, Indonesia imported US$223.2 million worth of these items. This represents an increase compared to the previous period's US$151.64 million.
In the Trademap classification, Vehicles other than railway or tramway rolling-stock, and parts and accessories fall under HS code 87. Indonesia imported US$219.99 million worth of these products from Sweden.
Another significant import was Paper and Paperboard, totaling US$73.57 million. This represents an increase compared to the previous period's US$69,211 thousand. Sweden remains the largest source of Paper and Paperboard imports for Indonesia. Other major sources include China, Germany, the United States, and Italy.
Indonesia also imported a significant amount of Wood pulp or other cellulose fibers from Sweden, totaling US$64.25 million. This is slightly lower than the previous period's US$64,305 thousand. Sweden remains the largest source of Wood pulp or other cellulose fibers for Indonesia. Other major sources include the United States, Brazil, Canada, and Indonesia itself.
Indonesia also imported US$45.73 million worth of Other chemical products from Sweden. This represents an increase compared to the previous period's US$14,263 thousand. Besides Sweden, Indonesia also relies on imports of Other chemical products from the United States, Germany, China, the Netherlands, and France. In addition to these major countries, Indonesia imported these products from 4 other countries.
"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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