Blog Search

Importance of Indonesia Export Import Data in Trading with Indonesia

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 datathere 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 dataIndonesia 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 -

  • Astra International (financial/industrial conglomerate)
  • Bumi Resources (coal)
  •  Krakatau Steel (steel products)
  • MedcoEnergi (oil, gas)
  • Pertamina (oil, natural gas)
  • United Tractors (heavy equipment) 

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.

Seair Exim Solutions is an export and import data bank provider company in India. It provides updated, 100% genuine, real, trusted and reliable world trade data of more than 80 countries such as India, USA, Russia, Mexico, Indonesia, Vietnam, etc. Our major services are US import data, Indian import data, India export data, import data Kenya, Vietnam export data, Russia customs data, Mexico trade data, Russia export data etc. You can find various free resources related to import export business like HS code India list, HS code search, HS code finder, sac code list, sac code finder, custom duty in India, custom import duty India, custom duty calculator, foreign ports, trading partners of India, Indian Exports List, GST rates in India, HS code with GST rate list and many more on our website – seair.co.in.

For free sample data report and free live demo data search contact us-

Phone No: +91-11-41325515, + 919990020716

Email Id- info@seair.co.in

  • Seair Exim
  • 09-Dec-2019

Leave a Comment

Blog Search
Latest Post

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2020 www.seair.co.in. All Rights Reserved.