Exporting to Indonesia

Indonesia Export Guide | Trade Finance Global

Exporting to Indonesia

Indonesia has a population of around 250 million with over half living in urban areas. It has the largest economy in South East Asia and ranks as 72nd most complex economy according to the Economic Complexity Index (ECI) and the 24th largest export economy in the world. The average yearly Indonesian exports are around $203B which is a large increase from around $90 billion in 2009 and the imports are at around $180B, which has resulted in a positive trade balance of around $19B. The estimated GDP of Indonesia is around $850B and the GDP per capita of around $9k. It is predicted to be the fifth largest economy in the world by 2030.

Indonesia is well placed for sea carriage and trade, both internationally and between islands. Indonesia has enhanced their position on the trade spectrum, but gaining membership to a number of organisations, such as APEC, WTO, ASEAN and G-20. The main trading partner of Indonesia is Japan and also the main foreign investor. This relationship has grown since 2008, as the two countries signed the Economic Partnership Agreement (EPA), which remains the first Indonesian free trade deal, which allows an exemption for Indonesia from Japanese import duties up to 90%. Indonesia was the only G20 member to show economic expansion at the time of the financial crises of 2008-09. Many reforms were implemented in the early 2000s, which focused on the economy, such as changes in the capital markets, using treasury bills, tax system changes and amends to the customs regime.

The main exports of Indonesia are coal briquettes ($22B), crude petroleum ($11B), palm oil ($16B), and rubber ($7B), petroleum gas ($17B). When looking at trade partners, the main destinations for export are estimated to be Japan ($28B), China ($25B), the United States ($18B), Singapore ($18B) and India ($13B). The country of Indonesia borders Malaysia, Timor-Leste, Papua New Guinea by land, India, Christmas Island, the Philippines, Singapore, Vietnam, Thailand Australia and Palau by sea.
17 Netherlands

Exporting to Indonesia? Contact our local experts


Warning: Division by zero in /var/sites/t/tradefinanceglobal.com/public_html/wp-content/plugins/TFG-Import-Export-Countries-Data/TFG-Import-Export-Countries-Data.php on line 666
1.00 GBP
British Pound
1.00 GBP = IDR
=
IDR
Indonesian Rupiah
1.00 IDR = GBP

Country Profile

CapitalRepublic of IndonesiaRepublik Indonesia(Indonesian) Flag National emblem Motto:Bhinneka Tunggal Ika (Old Javanese)"Unity in Diversity"National ideology: Pancasila Anthem:Indonesia Raya"Great Indonesia" Area controlled by Indonesia shown in green Jakarta
Population 261,115,456
Area 1,904,569[9]  km2 (735,358 sq mi) km2 (14th)
Currency Indonesian rupiah (IDR)
GDP
Languages Indonesian

Indonesia: Imports Profile

Imports from Indonesia

Imports from Indonesia: $135.6 billion
Import commodities:Machinery and equipment, chemicals, fuels, foodstuffs
Top import destinations:China 20.6%, Singapore 12.6%, Japan 9.3%, Malaysia 6%, South Korea 5.9%, Thailand 5.7%, United States 5.3% (2015 est.)
GDP growth (annual %)

Exporting to Indonesia: What is trade finance?

Trade finance is a revolving facility which alternative financiers offer - it enables organisations to buy stock and can help reduce the pressure from cashflow issues.

Typically, an export finance bank will fund all of the cost of the stock, including charges (e.g. bank charges).

Trade finance offers upsides over more traditional bank funding including asset finance or loans. Trade finance provides up front funding without affecting existing relationships with banks.

How does it work?

If you're an SME importing or exporting stock internationally, then a trade finance facility would help you to fund this through offering a letter of credit or some form of cash advance.

I’m looking to export to XXX, how can Trade Finance Global help, and how does it work?

If you are looking to export goods to other countries, you may need finance for exporting, which is an agreement between yourself (the exporter), and the importer. A alternative financier would advance you the cost of producing the stock that you’re exporting (as a debt product), either once you have sent the goods, or before you have produced them. Once your foreign importer has received the goods and pays you for the import, you will repay the advance from the export lender over an agreed period of time.

Read the TFG Exporters Guide here.

Importing from Indonesia? Contact our local experts

Country Profile

CapitalRepublic of IndonesiaRepublik Indonesia(Indonesian) Flag National emblem Motto:Bhinneka Tunggal Ika (Old Javanese)"Unity in Diversity"National ideology: Pancasila Anthem:Indonesia Raya"Great Indonesia" Area controlled by Indonesia shown in green Jakarta
Population 261,115,456
Area 1,904,569[9]  km2 (735,358 sq mi) km2 (14th)
Currency Indonesian rupiah (IDR)
GDP
Languages Indonesian

-0.37

Econ Complexity 51st of 89
1980
2016

$140B

Exports 24th of 120
1980
2016

$132B

Imports 27th of 120
1980
2016

$11.6k

GDP Per Capita 59th of 89
1990
2016
Back to Top