The two major Asian economies 'India' and 'Indonesia' have strong
bilateral trade relations dated back from ancient times which later intensified
after the departure of the imperial regime from both the nations. Indonesia is the neighbour country of India with sharing some part of the
maritime border.
Looking at global trade patterns, India and Indonesia have agreed to
double their efforts to boost bilateral trade to $50B by 2025 in a way towards
the up-gradation of comprehensive strategic partnership. This move by the government of both nations for
trade promotion gave India a shift over major
exports of India to Indonesia and India exporters.
India
export to Indonesia averaged a total of 9.89 INR billion from 1991
until 2019, reaching an all-time high of 60.54 INR billion in March 2019. Major exports of India to Indonesia include
jute products, tobacco manufactured and unmanufactured, woollen and cotton
piece clothes, handloom goods, cotton yarn, vegetable oil like castor oil,
linseed oil, etc., cement and many more.
With the major trade promotions initiatives from
the Indian government's side for trade expansion, there is a need for a
comprehensive and updated Indian export data. The data provides
a well-managed list of Indian exporters
signifying the product-specific demand for Indian commodities in the global
marketplace. The name of the exporters is alphabetically arranged easing off
the searching work of the traders.
From
amongst the 10 members of the regional intergovernmental trade bloc Association
of Southeast Asian Nations (ASEAN), Indonesia is India's second-largest trading
partner after Singapore, with annual bilateral trade of $21 billion. To further
strengthening the relations, Jakarta has decided to import Indian rice and sugar
in the return favour of New Delhi's major import of Indonesian palm oil. This
builds active give and takes the relationship between the trading communities
of both the Asian economies.
By looking at the huge population base of both the
countries, there is considerable potential for trade expansion in the areas of
pharmaceuticals, automotive components, automobiles, engineering products, IT,
biotechnology and healthcare services promoting the healthy trade environment.
Seair Exim Solutions is well-known import
export data provider and market research Company in India. It
providers updated, real, trusted and reliable global trade data of more than 80
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