Blog Search

Major India Export to Indonesia and India Import from Indonesia

India and Indonesia are neighbors. The Andaman Nicobar islands in India and Indonesia share a common maritime border. References to the relationship between countries can be found in ancient texts. There are cultural connections between India and Indonesia. After independence, India and Indonesia started in 1951. In 1955 the countries were one of the first members of the non-aligned movement (NAM). India and Indonesia signed a bilateral treaty in 2011 worth billions of dollars to double the amount in 5 years.

India is the 5th largest export destination for Indonesia. Indonesia is India’s second-largest trading partner in ASEAN. India and ASEAN countries are working to improve trade relations and corporations. Negotiations are on to reduce import data and increase trade. 

The import and export data is collected from the custom ports in India and Indonesia. The data is taken from the bill of lading or shipping manifest submitted from the customs authorities. The data has information such as:-

  • Date 
  • Product description and HS Code
  • Total and unit quantity of the product
  • The cost of the shipment
  • Importer and exporter details with contact information
  • Destination port and port of origin
  • Transportation mode

India Indonesia export data shows the export of goods between the two countries was 4.3 billion USD in 2019. Export data collected for the last ten years revealed that exports touched a high of 6.5 billion USD in 2011. The lowest exports of goods were seen in 2015 when exports dipped below 3 billion USD. Analysis of the export data revealed the major India Export to Indonesia are:-

  • Ships, boats, and other floating structures (710 million USD)
  • Organic chemicals (573.73 million USD)
  • Machinery, nuclear reactor, boilers (412.69 million USD)
  • Vehicles other than railway (400.95 million USD)
  • Meat and edible meat offal (301.93 million USD)
  • Oilseed, oleagic fruits, grain, seed, fruits (226.96 million USD)
  • Iron and Steel (210 million USD)
  • Mineral fuels, oils, and distillation products (157.29 million USD)
  • Electrical and electronic equipment (125.6 million USD)
  • Tanning, dyeing extracts, tannins, derivatives and pigment (117.53 million USD)

Indonesia agreed to increase imports of Indian buffalo meat, sugar, and auto parts after India agreed to buy more palm oil. Indian sugar exporters are likely to benefit from the new agreement. 16 lakh tons of sugar were exported from India in 2019. 

India Indonesia import data reveals that India imported 11.77 billion USD in 2019. The trends over the last ten years show imports were highest in 2017 when it crossed 14 billion USD in 2017. The lowest imports in the last ten years were in 2010 where it dipped below 10 billion USD. The data indicates India had a significant trade deficit with Indonesia. According to the import data, the major India import from Indonesia are:-

  • Mineral fuel, oils, and distillation products (5.0 billion USD)
  • Animal, vegetable fats, oils, cleavage products (2.3 billion USD)
  • Iron and Steel (776.9 million USD)
  • Miscellaneous chemicals products (324.44 million USD)
  • Rubbers (313.12 million USD)
  • Inorganic chemicals, precious metals compounds and isotopes (297.31 million USD)
  • Paper and paperboard, articles of pulp, paper, and board (214.47 million USD)
  • Fertilizers (209.04 million USD)
  • Organic chemicals (200 million USD)
  • Manmade staple fibers (159.48 million USD)

India granted import licenses to import 1.1 billion tons of refined petroleum from Indonesia. Indonesia is a leading importer of palm oil in the world. Palm oil accounted for 2/3rd of edible oil imported by India. 

India has expressed concern with Indonesia in the large deficit with Indonesia. The government of India wants to expand the export between the two nations. India wants greater access to agricultural, pharmaceuticals, and manufacturing markets in Indonesia. The two nations are hoping to build on trade and increase investment, tax benefits, and taking their relations to greater heights. 

Seair Exim Solutions is a leading export import data provider company. It offers updated, 100% genuine, and reliable global import export trade data of more than 80 countries of the world such as India, USA, Russia, Kenya, Mexico, Indonesia, Sri Lanka, Vietnam, Pakistan etc. Our major services are USA imports data, India import data, Indian export data, import data Indonesia, Vietnam export data, Russia customs data, Mexico trade data, Kenya shipment data etc. You can find various free resources related to import export business like HS code list, HS code search, HS code Finder,  sac code list, sac code Search, custom duty in India, custom duty calculator, foreign ports, trading partners of India, GST rates in India, GST rates list and many more on our website –seair.co.in.

For free sample data report and free live demo data search

Phone No: +91-9990837766

Email Id- Info@seair.co.in

  • Seair Exim
  • 22-Aug-2020

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.