Indonesia recorded imports from Switzerland totaling US$870,041 thousand as of December 2022. This figure represents a 27.41% increase compared to the previous year's imports, which were recorded at US$682,862 thousand.
Indonesia's trade record with Switzerland shows an upward trend in imports over the past 10 years. The lowest import value was US$628,225 thousand, while the highest reached US$876,218 thousand.
Of the 97 products (two-digit HS codes) imported from Switzerland, 47 products were valued at over one billion dollars. Most of the imported products from Switzerland are also imported from other countries, totaling 74 products.
The following is a list of the top five products imported by Indonesia from Switzerland, ordered from highest to lowest transaction value:
1. Natural or cultured pearls, precious or semi-precious stones, precious metals, clad metals… (HS Code 71). Imports of this product from Switzerland ranked first. Indonesia imported US$297,360 thousand worth of these goods. This represents an increase compared to the previous period, which recorded US$124,087 thousand.
2. Clocks and watches and parts thereof. Indonesia's second-largest import from Switzerland was clocks and watches and their parts. Imports in 2022 totaled US$121,165 thousand, an increase compared to the previous period's US$86,512 thousand.
3. Nuclear reactors, boilers, machinery and mechanical appliances. Indonesia imported this product from 156 countries. Imports from Switzerland ranked 27th. In 2022, Indonesia imported US$70,387 thousand. Five other major suppliers of nuclear reactors, boilers, machinery and mechanical appliances were Mali, China, Japan, Thailand, and the United States.
4. Organic chemicals. This product was sourced from 69 countries. Imports from Switzerland ranked 14th. In 2022, Indonesia imported US$63,744 thousand. Five other major suppliers of organic chemicals were Mali, China, Singapore, Malaysia, and India.
5. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus… Indonesia also imported a significant amount of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Switzerland. Imports totaled US$51,989 thousand, slightly lower than the previous period's US$52,285 thousand. Imports from Switzerland ranked 14th. Other major suppliers included China, Mali, Japan, the United States, and Singapore. Indonesia imported this product from 101 countries.