Why is Indonesia Import Data Important for Global Trade Business?

18 August 2018
Indonesia Import Data

Indonesia is located in south-east Asia and ranked 29 in terms of imports in 2017. Indonesia imports worth USD 156 billion which represented 0.9% of the global imports during the same period. China and Singapore are its top import partners while crude petroleum oil, telephone sets and vehicle accessories are top import products. To export your product to Indonesia, studying the country’s market and gaining the in-depth knowledge helps in analysing the business growth. Export Genius is the best and reliable source providing Indonesia import data which helps to know the purpose of using this data in business and why it is most preferable by global traders. Let’s take a comprehensive look at the definition, sources and advantages of Indonesia shipment data.


What is Indonesia Import Data?


The import data of Indonesia is packed with all the shipment details of importing activities of the country. It contains the records of all the shipments that arrive into the country via land, sea and air ports and also based and compiled from import bills details. It contains all important information like name of importer, HS Code, Product Description, Foreign Country & Port of Loading etc. Let’s check some more facts about customs data of Indonesia.


           ·         Indonesia data updates monthly

           ·         Covers exporters & importers details

           ·         Data available on 8-digit HS Code level

           ·         Actual product description available

           ·         Covers land, air & sea shipments


Here, we are providing the sample of Indonesia shipment data which will help to know the major data fields that we cover in import data.


Date

01 October 2017

HS Code

27011100

Product Description

15-90 mm Coal Grain Coal type of exported coal in Vietnam - Male ash (AK) = 10.75%; Heat (Q) = 7206 Kcal/Kg

Quantity

8395 Tons

Total Value

USD 1165872

Exporter Name

Pt Vietmindo Energitama

Importer Name

Avra Commodities Pte Ltd

Origin Country

Vietnam

Destination Country

Indonesia

Loading Port

Cam Pha Port

 

What are the collection sources of Indonesia shipment data?


It is very important to review the authenticity of data from government websites. The actual shipment based records will help your business to reach a new height and help to take progressive decisions. We collect shipment data of Indonesia from various trusted sources such as port authorities, shipping & logistics companies, trade associations, country’s customs and government bodies.


For Which Purpose, Indonesia Import Data is used?



Import customs data of Indonesia plays an important role in running a business in the global market. It represents the present demand in the country’s market and targets all the uncovered areas. It reduces external risks and keeps your business away from frauds. Here, we check the advantages of Indonesia customs data.


         ·         It helps to generate new business leads after analyzing the market.

           ·         Indonesian buyers can find best global suppliers for their product.

           ·         Foreign suppliers can expand their business in this country by getting buyers list.

           ·         It is also used for product evaluation by industries and companies.

           ·         Banks and logistics can offer their services to traders.

           ·         It is also used to primary & secondary research of the market.


Indonesia Import Statistics of Last Five Years


According to import statistics of Indonesia, the country imports have been declined by 6% of value in last five years. The country has reduced its demand of goods from many countries except China during the same period. However, the country’s demands for goods is raised by 16% of value during 2016-17. Check here the Indonesia import values of last five years.



Year

Value (USD Billion)

2017

156

2016

135

2015

142

2014

178

2013

186


Indonesia Import Products 2017


Indonesia trade data showed that the country main import commodities are mineral fuels & oils, machinery and electrical machinery. Indonesia imports of HS Code 27 products worth 25.43 billion including petroleum oil, crude oil and petroleum gas. Machinery, worth USD 21.77 billion, is the second largest imports of the country and automatic data processing machines, printing machinery and bulldozers are mainly purchased in this product group. Apart from this, wheat & meslin, cane sugar and oilcake are also imported majorly into Indonesia during 2017. Refer the below table to check Indonesia's top imports 2017.



HS Code

Product Description

Value (USD Billion)

HS Code 27

Mineral fuels & oils

25.43

HS Code 84

Machinery & mechanical appliances

21.77

HS Code 85

Electrical machinery & equipment

17.93

HS Code 72

Iron and Steel

7.98

HS Code 39

Plastics

7.72

 

Top Import Partners of Indonesia


As per trade statistics of Indonesia, the country imports goods from more than 150 countries around the world. China is its biggest import market and worth USD 35.76 billion which accounted for 22.8% of the total imports in 2017. Telephone sets, data processing machines, onions and woven fabrics have been imported most from China as the goods purchased never go down in last decade. China is followed by Singapore, Japan, Thailand, Malaysia, USA, South Korea, Australia, India and Germany as top import partners of Indonesia. Check their values recorded during 2017.



Country

Value (USD Billion)

Share Value (%)

China

35.76

22.8

Singapore

16.88

10.8

Japan

15.24

9.7

Thailand

9.27

5.9

Malaysia

8.79

5.6

USA

8.14

5.2

South Korea

8.12

5.2

Australia

6.01

3.8

India

4.04

2.6

Germany

3.53

2.3

 

Indonesia is one of the emerging markets in the world. The global companies can expand their business in this market by analyzing the complete market on the basis of product’s demand. Apart from Indonesia, we also provide import data of more than 60 countries around the world and we also provide market research report of 20+ countries by product specifications.


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


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