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Trade Data
19-02-2025
Indonesia, as the largest economy in Southeast Asia with a GDP exceeding $1 trillion, presents a wealth of opportunities for foreign trade businesses. With its strategic position and expanding market, many companies are eager to enter the Indonesian market. But the question remains: how can foreign trade businesses effectively query and utilize Indonesian import and export data to make informed decisions? Here's a detailed guide on how to access and interpret Indonesian trade data, and how it can help your business grow in this dynamic market.
Overview of Indonesian Trade Data
Indonesia's trade data reveals the country’s import and export activities, giving you insights into its global trade connections, product demand, and market opportunities.
Annual Export Growth: Indonesia's exports increased by 8.55% in 2023 compared to 2022.
Bilateral Trade with China (January–September 2024):
Total trade value was $10.56 billion, showing a 2.5% increase from the previous year.
Exports to China: $5.16 billion (-6% year-over-year).
Imports from China: $5.40 billion (+12.2% year-over-year).
February 2024:
Trade surplus of $870 million
Exports were $19.31 billion, and imports reached $18.44 billion.
April 2024:
Exports: $19.62 billion (+1.72% YoY)
Imports: $16.06 billion (+4.62% YoY), trade surplus of $3.56 billion.
June 2024:
Trade surplus: $2.39 billion
Exports: $20.84 billion (+1.17% YoY)
Imports: $18.45 billion (+7.58% YoY).
How to Query Indonesian Trade Data
To understand Indonesian trade patterns, access to accurate and timely data is essential. Below are the key platforms you can use to access Indonesian trade data.
Indonesian Customs Data
Official Website: https://ecd.beacukai.go.id/
Indonesian Customs platform provides tracking features for shipments, tax calculations, and general information queries related to Indonesia's trade operations.
Users can input receipt or waybill numbers to track cargo and check applicable policies and declarations.
The data is sourced directly from Indonesia’s Customs Data Center, ensuring high accuracy and reliability.
Tendata Customs Data Platform
Website: www.tendata.com
Tendata's Indonesian trade data allows you to gain deep insights into the Indonesian market, helping businesses identify market trends and growth opportunities.
The platform also enables you to easily contact key decision-makers in Indonesia, helping you efficiently develop customer relationships and explore secondary growth channels.
>>>>Contact Tendata to Get List of Decision-Makers<<<<
What Data Dimensions are Included in Indonesian Trade Data?
Indonesian trade data provides detailed insights into various key aspects of trade, including:
Merchant Information
Importers: Name, address, buyer details, and taxpayer ID
Exporters: Name, address, seller details, and taxpayer ID
Product Information
Customs codes, product descriptions, and categories.
Manufacturer and brand information.
Pricing and Quantity Data
Total price, quantity, and pricing per unit or kilogram
Transaction methods used for imports and exports.
Logistics Information
Key shipment dates, ports of loading and unloading, and shipping methods.
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How This Data Can Benefit Your Business
Targeting the Right Market
By analyzing trade data, you can understand which products are in high demand in Indonesia and identify the right customers or suppliers to engage with.
The data also helps you pinpoint growth areas in the Indonesian market, such as emerging product categories or industries with high import/export volumes.
Efficient Customer Acquisition
Tendata's platform allows you to contact key business decision-makers in Indonesia directly, enhancing the efficiency of your outreach efforts.
Optimizing Your Supply Chain
With detailed trade data, you can track shipping trends, evaluate the logistics network in Indonesia, and better align your supply chain strategy to meet local market demands.
Identifying Market Trends
The data allows you to analyze product demand patterns, helping businesses to refine their market entry strategies and stay ahead of competitors.
Conclusion
Indonesia's trade data is a powerful tool for businesses looking to enter or expand in the Southeast Asian market. By leveraging the detailed import/export data, you can gain valuable insights, identify key trading partners, and make informed decisions to grow your business in this vibrant market.
Explore Tendata’s platform today to get access to comprehensive, up-to-date Indonesian trade data and start identifying growth opportunities for your business.
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