Indonesia recorded imports from Slovakia totaling US$18.8 million as of December 2020. This figure represents a 15.93% decrease compared to the previous year's imports of US$22.36 million.
Indonesia's trade record with Slovakia shows an upward trend in imports over the past 10 years. The lowest import value was US$9.02 million, while the highest reached US$26.63 million.
Of the 97 products (two-digit HS codes) imported from Slovakia, 0.03 thousand products were worth more than one billion dollars. Most imported products from Slovakia are also imported from other countries, totaling 0.04 thousand products.
The following is a list of the top five products imported by Indonesia from Slovakia, ordered from highest to lowest transaction value:
1. Machinery, mechanical appliances, nuclear reactors, boilers
This falls under HS code 84. Machinery, mechanical appliances, nuclear reactors, boilers, and their parts are categorized together. Imports of this product from Slovakia ranked first. Indonesia imported US$10,394 thousand worth of these products from Slovakia. This is lower than the previous period's US$12,448 thousand.
2. Electrical machinery and equipment and parts thereof
This falls under HS code 85. Electrical machinery and equipment and parts thereof, including sound recorders and reproducers, television, etc., are categorized together. Indonesia imported US$2,156 thousand worth of these products from Slovakia.
3. Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
Indonesia also imports a significant amount of optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus from Slovakia, totaling US$1,741 thousand. This is lower than the previous period's US$2,113 thousand. Besides Slovakia, Indonesia also imports these products from China, the United States, Japan, Singapore, and Germany. Indonesia also imports these products from 111 other countries.
4. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia also imports a significant amount of vehicles other than railway or tramway rolling-stock, and parts and accessories thereof from Slovakia, totaling US$1,030 thousand. This is lower than the previous period's US$1,308 thousand. Imports of these products from Slovakia ranked 40th. Besides Slovakia, the largest imports of these products come from Japan, China, Thailand, India, and Brazil. Indonesia also imports these products from 84 other countries.
5. Articles of iron or steel
This product is sourced from 101 countries. Imports of articles of iron or steel from Slovakia ranked 41st. In 2020, Indonesia imported US$610 thousand worth of these products. Five other major sources for these imports are China, Japan, Korea, Republic of, Singapore, and Germany.