Ten Countries Most 'Hooked' on Chinese Goods, Where Does Indonesia Rank?
Jakarta, CNBC Indonesia - Global dependence on imported goods from China is strengthening. A total of 128 countries import at least 10% of their needs from the Dragon’s Hoan (Tirai Bambu) Nation. Cambodia is the most dependent on Chinese imports, at 46.8%. Much of the imported goods are raw materials for its textile industry, which later becomes one of its largest exports. Meanwhile, Indonesia sits at ninth place overall, with 31.4% of its imports from China. Here is the list of countries with the highest dependency on Chinese imports. Many countries on the list have high dependency on China due to limited domestic manufacturing capacity, relying on raw materials, components, and capital goods to support their export industries from textiles to electronics assembly. This dependency makes production stability and trade policies with China crucial for the continuity of industrial activity in these countries. Trade relationships are not just about imports; investments and infrastructure projects funded by Beijing also reflect dependency. Through the Belt and Road Initiative since 2013, China finances the construction of ports, logistics corridors, and strategic projects in various developing countries through loan schemes. This model strengthens China’s position in global trade routes, especially in countries with constrained fiscal capacity. Technology now underpins exports. China is no longer just a producer of cheap goods; technology has become its largest export, with chips, mobile phones, and vehicles as main commodities, underscoring its important role in the global supply chain.