Indonesia Imported the Most Residues from the Maldives in 2023
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Indonesia recorded imports from the Maldives worth US$0.69 million as of December 2023. This value increased by 9.95% compared to the previous year's imports, which were recorded at US$0.62 million.
Indonesia's trade record with the Maldives shows an upward trend in imports over the past 10 years. The lowest Indonesian import was US$1,000, and the highest was US$1.22 million.
Of the 97 products (two-digit HS codes) imported from the Maldives, 39 products were worth more than one billion dollars. Furthermore, according to Trademap data, there are two main products Indonesia imports annually from this country. This indicates a significant dependence on these imported products. The rest are mostly products also imported from other countries in large quantities.
The following is a list of the top five products Indonesia imported from the Maldives. This list is ordered from the highest to lowest transaction value.
1. Residues and waste from the food industry
Falling under HS code 23, Residues and waste from the food industry are a group of imported goods categorized together with prepared animal feed. Imports of this product from the Maldives ranked first. Indonesia imported US$0.59 million. The import value of Residues and waste from the food industry; prepared animal feed was lower than the previous period, which reached US$595,000.
2. Fish and crustaceans, molluscs and other aquatic invertebrates
Fish and crustaceans, molluscs and other aquatic invertebrates, under the Trademap classification, fall under HS code 03. Indonesia imported US$92,000 from this country.
3. Other base metal articles
Other base metal articles fall under HS code 83. Indonesia imported US$0, recording an increase as there were no reported imports from this country in the previous year. Indonesia imported this product from 0 countries. Imports of Other base metal articles from the Maldives were recorded as the largest. Five other countries that were sources of Other base metal articles imports are China, Germany, the United States, Italy, and Mexico.
4. Special Woven Fabrics
In addition, Indonesia also imported US$0 of Special Woven Fabrics from the Maldives. In the previous year, Indonesia did not record any imports from this country. Imports of Special Woven Fabrics from the Maldives were recorded as the largest. Other countries in the top five suppliers of this imported product to Indonesia are China, Hong Kong, China, Germany, Italy, and Taipei, China.
5. Electrical machinery, equipment and parts
Indonesia recorded imports of this product from 0 countries. Imports of Electrical machinery, equipment and parts from this country were the largest. Five other countries that were sources of Electrical machinery, equipment and parts imports are China, Hong Kong, China, Taipei, China, the United States, and Germany.
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