What Does Indonesia Import & Export? How to Find Importers & Exporters?

22 November 2019
Indonesia Import Export Data

Indonesia is a country in Southeast Asia. It is the 25th largest exporter and 29th largest importer in the world. Indonesia’s imports and exports totalled US$ 188 billion and US$ 180 billion in 2018. This means the country experienced trade deficit as value of its total imports were higher than value of its total exports. According to Indonesia trade data, mineral fuels and oils under Chapter 27 were the largest traded commodities. Have a glimpse of Indonesia’s import and export market with information on how to find importers & exporters in Indonesia from the most complete and authentic Indonesia trade statistics.  


Indonesia’s Top Imports


According to Indonesia import data, the country purchased mineral fuels and oils the most in 2018. Top 5 Indonesia’s import commodities shared more than 50% value to total imports.



Chapter

Product

Value in %

27

Mineral Fuels and Oils

16.74%

84

Machinery

14.41%

85

Electronics

11.37%

72

Iron and Steel

5.43%

39

Plastics

4.88%

 


Indonesia Main Import Partners


Indonesia’s major import source is China, followed by Singapore, Japan, Thailand and the United States. In 2018, Indonesia imported goods worth US$ 45 billion from China, which contributed 24.1% value to total imports. Here are Indonesia import statistics of country’s top 5 import partners.


Country

Value in %

China

24.1%

Singapore

11.4%

Japan

9.5%

Thailand

5.8%

United States

5.4%

 


Indonesia’s Top Exports


As per Indonesia export data, country shipped mineral fuels and oils the most in 2018. Top 5 Indonesia’s export goods shared 47.24% to total value of exports. Have a look at percentage share each export category which represents in terms of overall exports from Indonesia.



Chapter

Product

Value in %

27

Mineral Fuels and Oils

23.31%

15

Animal or Vegetable Fats & Oils

11.29%

85

Electronics

4.91%

87

Vehicles

4.19%

40

Rubber

3.54%

 


Indonesia Major Export Partners


The largest export destination of Indonesia is China, which shared 15.1% value to total exports. Indonesia shipped products worth US$ 27 billion in 2018. Check Indonesia export statistics of country’s other major export partners.



Country

Value in %

China

15.1%

Japan

10.8%

United States

10.2%

India

7.6%

Singapore

7.2%

 


How to Find Importers and Exporters in Indonesia?


Indonesia is one of the emerging market economies in the world and has the largest economy in Southeast Asia. It is also a member of G20 major economies and classified as a newly industrialised country. In import-export business, one of the major questions is – how to find importers or exporters in Indonesia? Many traders find themselves hitting a wall and losing momentum in identifying new business partners in Indonesia and they are not always easy to find. If you want to business in Indonesia, you need to go through local language, travel barriers and trade policies in order to succeed. Let’s take a detailed outlook at best and easy ways to find Indonesian importers or exporters.


Do Market Research


The first and important step for you to find buyers or suppliers in Indonesia is to do a proper market research of your product. You can use primary and secondary market research to locate trusted business partners and know the market trends. For this, you can directly buy Indonesia import export data with shipment details of Indonesian buyers & suppliers from a reputed market research company like Export Genius. It is the best and authentic source of 70+ countries data with information on international importers and exporters. 


Subscribe to Trade Publications


Subscribe to magazines and newsletters of your industry so that you can target importers or exporters of your product. Trade magazines and other publications are updated with latest market trends, information of companies and advertisements of import & export companies. The more involved you are in your industry and make you better connected. 


Logistics Companies


You can also link up with logistics companies who can provide you information about importers or exporters of your product in Indonesia. They are directly connected with companies who need logistics services for transporting their shipment from ports to the final destination.


Approach Indonesian Embassies


The other option for you to find importers or exporters in Indonesia is to approach Indonesian embassies. The country’s embassy is located in almost every country in the world. For examples, if you want to import goods from India to Indonesia, you can approach Indonesian embassy in India. They can provide you crucial information about trading companies or traders that import or export commodities in bulk.


Participate in Trade Events


Attending global trade shows, meeting business persons and making connections is one of the powerful ways to build and grow your business. You can participate in these trade shows which are organized in Indonesia and other countries around the world. These events are organized for reducing gap among business leaders who want to import or export in Indonesia and it helps to locate active suppliers and buyers in Indonesia.


Other Options


There are other good options as well for finding importers or exporters in Indonesia. These are – Port Authorities, Public Registries, Customs, Worldwide Network Partners, Social Networks, Chambers of Commerce, News & Directories, Business Websites and Shipping Companies.


In Asian continent, Indonesia ranked 13 in imports and 13 in exports during 2018. So, if you are finding trusted and active importers or exporters in Indonesia, you need to gather the most complete and authentic information on companies with their shipment details from above-mentioned sources.


To buy our market research report and data, e-mail us at info@exportgenius.in.


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