Resilient Impact of Indonesia Over the Trade of China
The country is a natural gateway to Chinese goods via resilient routes to Southeast Asian countries. The vast market population of the nation with an overwhelming population of 270 million has been growing steadily because of its high Chinese goods domestic demands. Around 30-45% of the total share of Indonesia’s imports is held by the Chinese authorities every year.
The stable trade relationship between the two destination estates has recorded staggering import trade revenue of 100 billion US dollars in 2023. The technological advancements of the Chinese authorities and the increasing globalization via the establishment of different e-commercial platforms are recording a pivotal growth of the overgrowing GDP, the cutting-edge technologies used in the advanced production of gadgets and appliances promote the trade rate of China with leading destination estates like Indonesia.
Top 10 Imported Goods of Indonesia From China in 2023
The Indonesia Import Data lists the below-mentioned products as Indonesia's top imports from China in 2023.
1. Electrical Machinery and Equipment - Total import valuation of Electrical machinery and equipment from China to Indonesia in 2023 - 28 billion US dollars.
2. Machinery Including Computers - Total import valuation of Machinery including computers from China to Indonesia in 2023 - 14 billion US dollars.
3. Iron and Steel - Total import valuation of Iron and steel from China to Indonesia in 2023 - 12 billion US dollars.
4. Plastics - Total import valuation of Plastics from China to Indonesia in 2023 - 10 billion US dollars.
5. Organic Chemicals - Total import valuation of Organic substances from China to Indonesia in 2023 - 9 billion US dollars.
6. Articles of iron or Steel - Total import valuation of Articles of iron or steel from China to Indonesia in 2023 - 8 billion US dollars.
7. Vehicles - Total import valuation of Vehicles from China to Indonesia in 2023 - 7 billion US dollars.
8. Furniture - Total import valuation of Furniture from China to Indonesia in 2023 - 6 billion US dollars.
9. Ships, Boats, and Floating Structures - Total import valuation of Ships, boats, and floating structures from China to Indonesia in 2023 - 5 billion US dollars.
10. Clothing - Total import valuation of Clothing from China to Indonesia in 2023 - 4 billion US dollars.
Top 10 Chinese Goods Demanding Industries of Indonesia in 2023
The long-standing economic relationship of China and Indonesia has been on an upward trajectory because of the revolutionary movements of the industrial authorities. According to the Indonesia Trade Data, the top 10 Chinese goods demanding industries of Indonesia that promote the dominance of the nation over China's other trade partners are,
1. Electronic Products Industry - Import trade value from Electronic Products Industry 2023 - 29 billion US dollars.
Top imported Goods
• Consumer electronics • Electronic components • Home appliances • Telecommunication equipment • Industrial and medical electronic
2. Textile Industry - Import trade value from Textile Industry 2023 - 18 billion US dollars.
Top imported Goods
• Fabrics and textile • Raw materials • Finished textiles • Garments and apparel • Textile machineries
3. Automotive Industry - Import trade value from Automotive Industry 2023 - 15 billion US dollars.
Top imported Goods
• Complete vehicles • Auto parts and components • Electronic systems • Tires and wheels • Raw materials and accessories
4. Chemical Industry - Import trade value from Chemical Industry 2023 - 12 billion US dollars.
Top imported Goods
• Petrochemicals • Catalysts and additives • Pharmaceutical chemicals • Agrochemical • Plastics and polymers
5. Machinery Industry - Import trade value from Machinery Industry 2023 - 10 billion US dollars.
Top imported Goods
• Industrial machinery • Manufacturing equipment • Power and energy equipment • Electrical and electronic machinery • Packaging and Processing Machinery
6. Pharmaceuticals Industry - Import trade value from Pharmaceuticals industry 2023 - 9 billion US dollars.
Que. What is the total import trade value of Indonesia from China in 2023? Ans. The total import trade value of Indonesia from China in 2023 is 100 billion US dollars.
Que. What is the top imported product of Indonesia from China in 2023? Ans. Electrical machinery and equipment are the top imported products of Indonesia from China in 2023.
Que. Name the top Chinese goods demanding industry of Indonesia in 2023. Ans. The electronic industry is the top Chinese goods industry in Indonesia in 2023.
Que. Where can you get the detailed trade analysis of the China and Indonesia trade in 2023? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the China and Indonesia trade in 2023.