Indonesia is a country that has a diverse collection of products. However, not all products can be produced in the country. Therefore, Indonesia still relies on importing products from other countries. Total Impor Indonesia 2021 is a measure of the total value of imported products in Indonesia throughout the year. In this article, we will discuss everything you need to know about Total Impor Indonesia 2021.
What is Total Impor Indonesia 2021?
Total Impor Indonesia 2021 is the total value of imported products in Indonesia in the year 2021. The value is calculated based on the total cost of goods, including freight, insurance, and other charges incurred before the goods reach the border of Indonesia. The data is collected from various sources, including the Central Statistics Agency (BPS) and the Ministry of Trade.
Why is Total Impor Indonesia 2021 important?
Total Impor Indonesia 2021 is an important measure of a country’s economy. It shows the level of dependence on imported goods and the ability of the country to produce those goods locally. Additionally, it provides insight into the country’s demand for foreign goods and the impact of foreign trade on the country’s economy.
Moreover, Total Impor Indonesia 2021 also reflects the country’s trade balance. If the total value of imports is higher than the total value of exports, then the country has a trade deficit. On the other hand, if the total value of exports is higher than the total value of imports, then the country has a trade surplus.
What are the types of products imported by Indonesia?
The types of products imported by Indonesia vary widely, from raw materials to finished goods. The top five imported products by Indonesia in 2021 are:
- Petroleum and Petroleum Products
- Machinery and Mechanical Appliances
- Iron and Steel
- Plastics and Articles Thereof
- Electrical Machinery and Equipment
Other products imported by Indonesia include food and beverage products, chemicals, vehicles, and textiles.
Where do Indonesia’s imports come from?
Indonesia imports products from various countries around the world. The top five countries that supply products to Indonesia in 2021 are:
- China
- Japan
- South Korea
- United States
- Singapore
Other countries that supply products to Indonesia include Australia, Malaysia, Thailand, and Germany.
What is the trend of Total Impor Indonesia 2021?
The trend of Total Impor Indonesia 2021 varies from year to year. In 2020, the total value of imports in Indonesia decreased by 17.03% compared to 2019, which was caused by the COVID-19 pandemic. However, in 2021, the total value of imports in Indonesia increased by 27.84% compared to 2020. This increase is due to the gradual recovery of the economy and the increase in demand for imported goods.
What is the impact of Total Impor Indonesia 2021 on the economy?
Total Impor Indonesia 2021 has a significant impact on the Indonesian economy. The import of goods enables Indonesia to obtain products that cannot be produced domestically. Therefore, it contributes to the country’s economic growth. However, if the import of goods is too high, it can lead to a trade deficit and a decline in the country’s foreign exchange reserves.
Moreover, the import of goods can also have an impact on local businesses. If imported goods are cheaper than locally produced goods, it can create competition and lead to a decline in the market share of local businesses. Therefore, it is important for the government to regulate the import of goods to maintain a balance between domestic production and imports.
Conclusion
Total Impor Indonesia 2021 is an important measure of the total value of imported products in Indonesia in the year 2021. It reflects the level of dependence on imported goods, the country’s demand for foreign goods, and the impact of foreign trade on the country’s economy. The types of products imported by Indonesia vary widely, from raw materials to finished goods. Additionally, Indonesia imports products from various countries around the world. The trend of Total Impor Indonesia 2021 varies from year to year, and it has a significant impact on the Indonesian economy. Therefore, it is important for the government to regulate the import of goods to maintain a balance between domestic production and imports.
