Indonesia is the world's largest island nation situated between the Indian and the Pacific Ocean. It has become one of the fastest emerging economies in the world and the largest economy in the Southeast Asian region. It has become a pivotal trading hub in the past 7th century. Indonesia export import data revealed it an economy worth $1 trillion GDP.
As per the Indonesia import data, there has been an increase in Indonesian fortune with growth averaging six percent a year due to the increased domestic consumption leading to more import activities. The key imports of the Indonesian economy include mineral fuels including oil, machinery including computers, electrical equipment, iron and steel, plastic articles, vehicles, organic chemicals, food industry waste, animal fodder, etc. Articles made of iron and steel are the most imported products as their import increase by 55.6% between 2017 and 2018.
A comprehensive well-managed Indonesia importers database spreads the light on its major import origins that are China, Singapore, Japan, Malaysia, and Thailand. Indonesia imported worth $188.7B in the year 2018.
Indonesia export import data is best to analyze the ongoing market situations suited as per the products.
According to the Indonesia
export data, Indonesia shipped $180.2B worth of goods in the year
2018. The island nation accounts for about 5.2% of global export. The demand
for Indonesian products has increased over the past few years. The
major exports include mineral fuels, vegetable/animal oils, fat, waxes, vehicles,
rubber and rubber articles, iron and steel, gems, ores, slag, footwear. Iron
and steel were the highest exported with an increase of 71.7% export between
2017 and 2018.
Indonesia exporters database listed some of the major Indonesian exporters -
Some of the major export destinations of Indonesian commodities are China, the United States, Japan, India, and Singapore. Good trade ties between India and Indonesia made Indonesian export to India worth $15B. Indian markets have a great demand for Indonesian products like coffee, animal and vegetable oils, ore slag, mineral fuels, etc.
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