How to start an Export-Import business in or with Indonesia?
Indonesia ranks 29th in terms of foreign trade value and 15th globally in terms of nominal GDP. China is the most important trading partner of the country for both imports and exports. Indonesia is the largest economy with GDP of 1.19 trillion USD in South Asia in 2021. As per the Global Import Export Data , the exports of Indonesia reached a record high of USD 231.51 billion and the imports totalled USD 196.2 billion. As per the Indonesia Import Data , the main imports of the country are refined petroleum, crude petroleum, petroleum gas, vaccines, blood, antisera, toxins and cultures and motor vehicles, parts and accessories. The leading countries from which Indonesia imported goods were China, Singapore, Japan, the United States and Thailand. Similarly as per the Indonesia Export Data , the main exports of the country are oil and gas, minerals, crude palm oil, electrical appliances and rubber products. The main export partners are China, the United States, Japan, India, Malaysia, Sin...