Indonesia recorded imports from Iran totaling US$21.63 million as of December 2021. This figure represents a 22.1% increase compared to the previous year's imports of US$17.72 million.
Indonesia's trade record with Iran shows a significant decrease in imports over the past 10 years. The lowest import value was US$17.72 million, while the highest reached US$773.51 million.
Of the 97 products (two-digit HS codes) imported from Iran, 0.04 thousand products were worth more than one billion dollars. Most imported products from Iran are also imported from other countries, totaling 0.02 thousand products.
The following is a list of the top five products imported by Indonesia from Iran, ordered from highest to lowest transaction value:
1. Machinery, mechanical appliances, nuclear reactors, boilers (HS Code 84)
This category includes machinery, mechanical appliances, nuclear reactors, boilers, and their parts. Imports of these products from Iran ranked first, with Indonesia importing US$6,268 thousand. This represents an increase compared to the previous period's US$69 thousand.
2. Edible fruits and nuts (HS Code 08)
This category includes edible fruits and nuts, and citrus fruit peels or melon rinds. Indonesia imported US$3,919 thousand from Iran.
3. Mineral fuels, mineral oils and products of their distillation
Imports of mineral fuels, mineral oils, and products of their distillation from Iran ranked 42nd. In 2021, Indonesia imported US$3,848 thousand. Five other countries that were major sources of these imports were Singapore, Malaysia, Saudi Arabia, the United States, and Nigeria.
4. Iron and steel
Imports of iron and steel from Iran ranked 36th. In 2021, Indonesia imported US$2,793 thousand. Besides Iran, the largest imports of iron and steel came from China, Japan, South Africa, India, and the Republic of Korea.
5. Inorganic chemicals
Indonesia imported this product from 71 countries. Imports of inorganic chemicals from Iran ranked 38th. In 2021, Indonesia imported US$1,137 thousand. Five other countries that were major sources of these imports were China, Japan, the Republic of Korea, the United States, and India.