Compare Balance of Trade by Country This source has research-based information that helps to track shipments which arrive at Indonesia’s ports. Global Summary of Liner Trade. Legal jobs, Data also showed that by the end of 2012, China and asean bilateral trade reached $400.1 billion. World Trade Statistical Review 2018 WTO18 Chapter 01 v9.indd 6 06/08/2018 16:09. Chart III.3World trade in commercial services by selected re… Ms when angie is a travel agency in Indonesia the manager of the China market, she thought the local currency settlement not only convenient financial settlement, to reduce the limitation of the single currency settlement before and devaluation risk, but also enhance the travel agency to expand the Chinese market business confidence. Our Indonesia Trade Data is helpful for all businesses (either small or big) for taking their firms to the new heights. 1. In Indonesia plans to continue to expand the cooperation of tourism, the two countries for two-way travel more than 2 million, 2015. Relevant personage points out, the bank of China to realize trade settlement currency, China and Indonesia will bring trade between the two countries to improve efficiency, save cost and avoid risk, increase revenue, and many other facilities, to expand the scale of trade between China and Indonesia, deepen the friendship between the two countries to provide more support. Another positive development is Jakarta’s hosting of the World Economic Forum on East Asia in 2015. Asean countries to China invested more than $80 billion, accounting for 6.6% of the total foreign investment in China; Chinese investment in asean countries has increased significantly than before, and have accumulated more than $23.6 billion. The Trading Economics Application Programming Interface (API) provides direct access to our data. United Nations Comtrade Database - International Trade Statistics - Import/Export Data The latest trade data suggest economic activity in Indonesia is slowing, in part as a result of the ongoing United States-China trade war. First four months of 2013 bilateral trade reached $22.4 billion, up 10% from a year earlier. With deepening of bilateral strategic partnership and investment facilitation to the development of China’s growing investments in Indonesia, accumulative total investment more than 2.1 billion dollars. Publish your articles and forecasts in our website. (April 29, 2020). Statistics relevant for the analysis of international trade can be obtained from the United Nations Conference on Trade and Development (UNCTAD). ( Log Out /  Indonesia imported $44.5 billion of non-oil and gas products from China in 2019, almost 30 percent of all such imports into Indonesia. Chart III.2Volume of world merchandise trade by selected region, 1992-99 (file size 78KB) 1. Japan remains Indonesia’s chief trading partner as well as the biggest foreign investor. CTS Provides globalised Container Shipping statistics on TEU volume movements and Price indices Exports to China in Indonesia increased to 27918.70 USD Million in 2019 from 27132.20 USD Million in 2018. Chart III.1Value of world merchandise trade by region, 1992-99 (file size 101KB) 1. For instance, centuries ago, it served as a trade link between ancient India and China. (Bank of Japan) From then on, the Indonesian rupiah exchange service and the other for foreign currency notes, for more than a day price quotation form, price follows international currency exchange rate changes. By transforming the large volume of primary trade data into an accessible, user-friendly, web-based format, Trade Map provides indicators on export performance, international demand, alternative markets and the role of competitors. Indonesia’s Top 5 Export Partners. As asean’s biggest economy, Indonesia in its economic development a brilliant performance at the same time, also maintained good economic and trade cooperation relationship with China. Given each country’s relative positioning – one a resource-hungry market keen to power the world’s largest manufacturing sector, and the other a resource-rich market lacking the local manufacturing capabilities to meet domestic demand – the development of trade relations of this nature is not surprising. The agricultural sector contributes to nearly 14% of the country's GDP and employs nearly 40% of the active population. Value of foreign direct investment in trade in Indonesia from 2013 to 2019 (in million U.S. dollars) [Graph]. Also visually see the Bound overhang for various countries along with their binding coverage. Now realize local currency settlement directly between the two countries, the in the mind feel steadfast, import and export business is also more confident for the future. Malaysia's Trade Statistics 2020. Trade in goods and services – key statistics on Australia's main exports, imports and trading partners. Change ), You are commenting using your Twitter account. Indonesia is one of the largest rubber producers in the world. Table III.1World merchandise exports by region, 1999 (file size 86KB) 1. Summary of Malaysia's Monthly Trade 2020; Malaysia's Exports by Main Sectors, 2020; Top 10 Major Export Products, 2020 Indonesia’s top 10 exports contributed 62.55% to total exports in 2018. Download historical data for 20 million indicators using your browser. A wide variety of china indonesia trade options are available to you, such as decoration, material, and use. The breakdown of EU trade with China by SITC groups is shown in Figure 5. 2000-2019 Data | 2020-2022 Forecast | Historical | Chart. Exports to China in Indonesia averaged 13728.12 USD Million from 2000 until 2019, reaching an all time high of 27918.70 USD Million in 2019 and a record low of 2200.70 USD Million in 2001. Our qualified team of database specialists filter every shipment detail to check and verify Indonesia trade statistics. Merchandise Trade statistics data for Indonesia (IDN) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Other major crops are rice, sugar cane, coffee, tea, tobacco, palm oil, coconuts and spices. In 2012, bilateral trade volume reached $66.2 billion. In 2015, trade balance swang again to surplus due to almost 20 percent fall in imports. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Visualize the different types of tariff like Most Favored Nation (MFN), Effectively Applied (AHS) and Bound Tariffs. This page includes a chart with historical data for Indonesia Exports to China. Change ), You are commenting using your Facebook account. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. China has now become one of Indonesia’s largest tourism group, 2002 Chinese visitors is only 40000, 2011 to 470000, 670000, 2012, 10 years growth 16 times. The news, immediately received warm welcome by the Indonesian local society and Chinese companies. First four months of 2013 bilateral trade reached $22.4 billion, up 10% from a year earlier. On a month-to-month basis, imports from China fell almost 50 percent from January. 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