Indonesia Export Data with HS Code
Indonesia is an archipelago with over 17,000 islands. It is a populated country with the largest economy in Southeast Asia. The government’s dynamic economic policy resulted in extreme poverty reduction. Presently Indonesia is an upper-middle-income country. It is a member of several trade blocks such as G20 and ASEAN. Import and exports in Indonesia were 37.3% of the GDP. The Indonesia export data shows that total exports are 20.97% of the GDP. The Indonesia import data shows that imports are 22.06% of the GDP.
We collect the Indonesia export data from shipment information released from different ports (sea, air & land) across Indonesia. The comprehensive database covers commodities exported from Indonesia. The data is used by international traders having business interests in Indonesia. They can use the information to formulate their business plans. Exporters can evaluate the latest trends in business and predict changes in demand. They can examine their competitor’s strategies. The information allows international traders to find new business partners. Exporters can use the data effectively to maximize their profits at minimal risks.
Export Import data shows that exports from Indonesia were USD 16.54 billion in December 2020. The export trends in 2020 were erratic total exports fell by 2.61% from the exports in 2019. The maximum exports of 2020 were recorded in December 2020, and the minimum exports were recorded in May 2020.
According to export data Indonesia, the top export products with their HS Code are:-
• Mineral fuel including Oil — Indonesia accounts for 1% of liquid fuel (73211200).
• Animal /Vegetable fats and oils — Indonesia is one of the largest exporters of palm oil (151190) in the world.
• Leather and Textiles — Indonesia has a vibrant sewing industry. It exports leather (42030) and textiles countries to around the world.
• Vehicle Components — Indonesia is one of the largest manufacturers of vehicle spare parts. The HS Code for Door Smart 39269099.
• Rubber and Rubber products — Indonesia has large rubber plantations. The HS Code for rubber belt 40022010.
The Indonesia trade data shows that imports improved in December. Indonesia imported commodities worth 14.43 in December 2020. The country was impacted with the covid-19 pandemic plunged by 17.34%. As per Import data, the top imports of 2020 are:-
• Oil and gas
• Mechanical machines, boilers, etc.
• Iron and Steel
• Organic Chemicals
• Vehicles
