Indonesia customs data help traders evaluate different suppliers and buyers. They can study competitor’s performance and pricing strategies. They can get insight into buyer and seller behavior and make a selection based on their requirements. Traders explore customs data to become aware of what customers need and their changing preferences. The database can stay updated to the changing dynamics.
If we do study the Indonesia trade data, we learn that Indonesia had a trade surplus of USD 21.74 billion in 2020. With a trade surplus of USD 2.1 billion in December, Indonesia showed a trade surplus for eight consecutive months as exports increased and imports fell. Compared to 2019, exports fell by 2.61%, and imports fell by 17.34% in 2020.
The Republic of Indonesia is a large archipelago and is the largest country in Southeast Asia. Indonesia has the tenth largest economy in terms of PPP. It is open to foreign trade and investment. Indonesia is a member of trade bodies like G20 and is one of the driving forces in ASEAN. Indonesia customs data shows international trade was 37.3% of the GDP.
The Shipment data Indonesia shows the top trading partners of Indonesia are:
*India
*Singapore
*The United States
*China
*Japan
The Indonesia Import Data shows that imports in December were USD 14.37 billion. The imports in December showed a recovery compared to imports in November goods worth USD 12.64 billion. Imports in Indonesia in 2020 have been weak due to domestic consumption and water.
Indonesia import data shows the top imported commodities are:
*Iron and steel
*Vehicles
*Oil and gas
*Organic chemicals materials
*Nuclear reactors, boilers, mechanical appliances
Shipment data Indonesia contains imports and exports statistics of Indonesian trade. The database is based on the information collected from government officials, trade associations, and logistics providers. The shipment data Indonesia contains the following information:
*Country of origin and destination country
*Mode of transportation
*Importers Name and contact details
*HS Code and corresponding product description
*Date of shipment
*FOB Value
*Unit Quantity and total quantity
*Exporters Name and contact details
*Port of origin and destination port
According to Indonesia Export Data shows that exports in December 2020 were USD 16.54 billion. Indonesia’s lowest export was recorded in May 2020 was $10.54 billion. Indonesia exports have been showing a steady recovery in the last five months.
Indonesia export data shows the main exported commodities are:-
*Iron and steel
*Footwear
*Electrical equipment
*Animal and plant fat
*Oil and gas and crude oil
USA Import Data Solutions is one of the top Indonesia Import Export Data provider companies in India. It offers 100% genuine, trusted, and reliable custom shipment data for more than 80 countries such as India, the USA, Panama, Mexico, Indonesia, Vietnam, etc.
Get Access to Verified Import data from 84+ Countries in a Single subscription. Reliable Shipment Records from Authorized and Exclusive Sources for the best quality data.
India become the World’s Fifth-Largest Exporter and Third Largest Market By 2030?
Indian Customs Data, Custom Import Data, Custom Export Data with Shipment Details
5 Effective Sales Tips To Export Your Products To Europe From India
Why To Seek Help From India Import Export Business Consultants For Trading?
What You Need To Know About The Role Of India In The Global Economy
5 Points To Ponder Before Exporting Your Product To A New Market
India’s The World’s 5th Largest Exporter And 3rd Largest Market By 2025?
How Import Export Business Consultants Help Indians In Exporting Manufactured Goods To Europe?
Exports hit $51 billion in the first 7 weeks of the current fiscal
China Export Data offers a great understanding of international trade and business