How Much Refined Petroleum Oil Indonesia Imported in Year 2014

Indonesia is one of the largest countries who import refined petroleum oil the most. In fact, it bought the oil worth of USD thousand 26717296 in the year 2014. Singapore was the top exporter of Indonesia who sold petroleum oil not crude of USD thousand 14520337 during financial year 2014-15. If you want complete analytical report of Indonesia’s petroleum oil, not crude in 2014 and prior to said year, keep on reading this content. Even you can access this data and other foreign trade statistics of other products right @ www. exportgenius.in! So, do follow us for fulfilling your import-export data requirements right here!

Access Year-wise Analysis of Petroleum Oil (Not Crude) Data, Indonesia’s Among Top Imports Here…

• Trade in Balance of Petroleum Oil (Not Crude) during 2011, 2012, 2013 & 2014

• Products Sub-categorized under Petroleum Oil, Not Crude (HS Code 2710)

• Share in Value of Petroleum Oil, Not Crude during 2011, 2012, 2013 & 201

• Top 3 Exporters of Petroleum Oil, Not Crude during 2014

• Details of Few Indonesia Importers of Gasoline under Category of Petroleum Oil, Not Crude

So, are you taking help from this Indonesia statistical trade reports on various products to grow your business? Not now? What? Others are taking, why are you not? We provide only original import-export trade data for the benefit of our esteemed customers. Now get through with this import data of Indonesia’s petroleum oil, not crude for your knowledge! 

View more to access Indonesia import data @ http://www.exportgenius.in/export-import-trade-data/indonesia-import.php

How Much Palm Oil Exported by Indonesia in 2014

Palm Oil was among the largest products that were sold by Indonesia the most in 2014. It did business of USD thousand 17,464,905 during the said year. How much quantity palm oil, Indonesia exported from 2010 to 2014? Who were the top 5 importers (countries) of palm oil in 2014? Which are the Indonesia’s exporters of product under HS Code 1511? What is the import-export trade data of Indonesia’s palm oil? Access full statistics on Indonesia’s top most export – Palm Oil right @ ExportGenius  and through this content as well!

Take a look on complete trade statistics of palm oil (HS Code 1511) exported the most by Indonesia in 2014…

• Year-wise Export Value Analysis of Palm Oil Exports

From 2010 to 2014, Indonesia saw an increase in total export value of palm oil, except in 2013, when it declined to USD thousand 15,838,850 from USD thousand 17,602,168 of previous year. However, in 2012 and 2014, the value of total exports of palm oil remained almost same.

• Share in Value of Palm Oil to Total Indonesia Exports

How much palm oil share in total value of Indonesia’s exports during 2014-15? Look at the diagram below:

• Trade in Balance Data of Palm Oil

As we know palm oil is mostly exported by Indonesia, so trade surplus is recorded every year by the country. During financial year 2014-15, total export value of palm oil was USD thousand 17, 464,905 and total import value of the product was USD thousand 393. So, trade in balance of palm oil recorded by Indonesia in the said period was USD thousand 17,464,512.

• Year-wise Quantity of Palm Oil

As far as quantity is concerned, Indonesia has been selling palm oil to various countries in amazing quantity. In fact, Indonesia’s total sales in quantity of palm oil to India rose from 16,291,856 tons in 2010 to 22,892,387 tons in 2014.

• Top Countries as Importers of Indonesia’s Palm Oil

In financial year 2014-15, India was the largest importer of palm oil. Indonesia’s total exported value to India raised from 4,340,215 USD thousand to 3,635,345 USD thousand.

• Indonesia Exporters of Palm Oil   

Keep on accessing more product-wise import-export data of Indonesia right here! 
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List of Electronic Equipments Which Indonesia Exported in 2014

When we talk about total imports or total exports of Indonesia, electrical, electronic equipment was the 3^rd most traded products during financial year 2014-15. In fact, country recorded trade deficit of USD thousand 7,480,973 in the said period. Net exports value of electrical & electronic equipment recorded USD thousand 9,745,714 and net imports value of this product was USD thousand 17,226,687 in 2014. That means Indonesia sold less electrical stuff and electronics than it bought in the said year.

As far as electronic equipment is concerned, there are many electronic devices and other technologies that sold by Indonesia in 2014. Which are the most exported? Explore here and access any kind of foreign trade data of Indonesia right @ Export Genius, which is one of the largest market research companies, providing genuine import-export reports of all the countries.

Now let’s get through the list of 05 electronic equipment that were traded the most by Indonesia in 2014… Access complete figures right away & right here…

1. Television Receivers (including Video Monitors & Video Projectors)

HS Code – 8528; Exported Value – USD thousand 1,052,682; Share in Value – 0.6%; Top 5 Importers – United States of America, Australia, Thailand, Netherlands & India; Imported Value – USD thousand 303,561; Trade Balance – USD thousand 749,121

2. Electronic Integrated Circuits and Micro-assemblies

HS Code – 8542; Exported Value – USD thousand 487,358; Share in Value – 0.28%; Top 5 Importers – Singapore, Japan, Germany, China & United States of America; Imported Value – USD thousand 1,572,507; Trade Balance – USD thousand (-) 1,072,665

3. Microphones & Stand, Loudspeaker, Headphone, Earphone & Sound Amplifier Set

HS Code – 8518; Exported Value – USD thousand 379,264; Share in Value – 0.22%; Top 5 Importers – United States of America, China, Singapore, Japan & Republic of Korea; Imported Value – USD thousand 195,714; Trade Balance – USD thousand 183,550

4. Television Camera, Transmission App for Radio-Telephony

HS Code – 8525; Exported Value – USD thousand 317,527; Share in Value – 0.18%; Top 5 Importers – United States of America, Japan, Netherlands, Germany & China; Imported Value – USD thousand 99,400; Trade Balance – USD thousand 218,127

5. Diodes/Transistors & Sim, Semi-Conductor Devices

HS Code – 8541; Exported Value – USD thousand 261,535; Share in Value – 0.15%; Top 5 Importers – Japan, China, Singapore, Germany & Philippines; Imported Value – USD thousand 478,945; Trade Balance – USD thousand (-) 217,410

We will help you in getting the correct and genuine foreign trade data of Indonesia by posting product-wise import-export statistics right here! So, keep following us and right information to grow your business!

View more for trade statistics of Indonesia at www.exportgenius.in

Coal Remained in Indonesia’s Top Exporting Products in 2014, Despite Fall from Previous Years

Despite falling trend in export value of coal during the last three years, Indonesia still sold coal the most in 2014. Its share in value fell to 10.62% in 2014 from 2013’s 12.47%, nearly same during 2012 and 2011. India is the top largest country who bought coal or related products the most in 2014, followed by China and Japan. In fact, total USD 5604160000 value of coal was exported to India by Indonesia during the said year. Well through, a simple visit to ExportGenius.in can make you able to access of complete import export statistics of Indonesia

Year-wise Analysis of Coal Exports (Value, Quantity & % Share) – Indonesia’s Top Selling Product

• Coal Exports in Value & Quantity

• Coal Exports Share in Value of Total Exports

M/S. PT Dystar Colours Indonesia is among the exporters of Indonesia who sold coal and related products around the world. There is completely no doubt that India has been competing with China to remain as the largest importers of coal since previous years. In 2014, India left China behind by becoming the top importer of coal. After all, coal is one of the essential commodities of India.

View more for authentic import export data at http://www.exportgenius.in

Mineral Fuels-Oils Recorded Indonesia’s Highest Imports-Exports in 2014

When we see the overall figures of Indonesia’s import and export trade during previous years, Mineral Fuels, Oils, Distillation Products, etc. (HS Code – 27); were on the top. Trade balance value USD 7,185,709000 of this product in 2014 made it on the second position during said year. In fact, the trade balance figures of all the products that fall under 27 HS Code remained in positive digits in 2014. 

Analysis of complete year-wise import-export data of Indonesia’s products falling under 27 HS Code with the help of  easy-to-understand diagrams right below… and also can access trade data of Indonesia through ExportGenius.in

Mineral Fuels, Oils, Distillation Products – Year-wise Import Data on Indonesia’s Top Product :-

Mineral fuels, oils and distillation products of USD 43947416000 were exported to Indonesia in 2014. Here are the top 5 countries that exported the most during the same year:

1. Singapore – USD 15055920000
2. Saudi Arabia – USD 5546609000
3. Malaysia – USD 5085978000
4. Republic of Korea – USD 4110227000
5. Nigeria – USD 3286061000

Mineral Fuels, Oils, Distillation Products – Year-wise Export Data on Indonesia’s Top Product :-

USD 51133125000 was the total exported value of minerals, oils and distillation products in 2014. Top 5 countries that imported these products under various categories of HS Code 27 from Indonesia during the said year were:

1. Japan – USD 11159582000
2. Republic of Korea – USD 6790730000
3. Singapore – 6726823000
4. China – USD 5879990000
5. India – USD 5703986000

Keep following our posts to get through more import-export trade figures of Indonesia during current and all previous years!

Read more to access Indonesia Trade Statistics @ http://www.exportgenius.in/export-import-trade-data/indonesia-export.php 

5 Key Challenges for Start-ups to Do Business with Indonesia

Planning to start trading products with Indonesia? If yes, then hold on! While executing a company strategy to do business with Indonesia, you must know few crucial things about this country.  Besides proper planning, you must know about the challenges that you may face in importing and exporting goods through the borders of this ASEAN (Association of Southeast Asian Nations) founder country.

Indonesia can be a challenging place to do business, especially for foreign start-ups. Here are difficulties that you may face while doing business with Indonesia as a start-up…

#Challenge 1 – Choice on Product for Import-Export

Indonesia’s top exported and imported commodities include – minerals oils, crude oils, petroleum products and distillation products. So, if you are planning to choose any item from these, you may face a challenge in terms of your business output. This is so, because a huge list of businesses is trading in these products. But of course, you can either go with them or select another product, which has a good market growth.

#Challenge 2 – Going through Changing & Unclear Foreign Trade Policies

Once you are done with the product choice, you first go through all the foreign trade policies of Indonesia that are somewhat complex. This country is known for its vague customs rules and trading policies that can be changed anytime. Shipping procedures, customs tariff and other import-export trading policies must be understood point to point so that you can change your business plan on time, if necessary.  

#Challenge 3 – Inadequate Infrastructure

Many a times, it is seen that business people in Indonesia often discuss about the inadequate infrastructure of the country, although government is planning to build more roads and ports. So, you have to see how easily you can ship the products from or to Indonesia through road, air or sea.

#Challenge 4 – Finding a Buyer or Seller

Finding the genuine buyer or seller is one of the crucial challenges for your start-up business. This is the first instance when you have to trust someone for buying or selling products. In this case, you need to do some research work online with and offline both and prepare list of exporters or importers with ExportGenius.in. If you can, do visit the location of buyers or sellers to determine the genuineness. And lastly, negotiate the best deal with the buyer or seller.

#Challenge 5 – Transporting Goods from Port to Actual Destination

The last but not least, you need to arrange a cargo company, who can transport goods from shipping port to the actual destination. This is also a challenge for start-ups. You must try to find a transportation firm with good hold in the market.

Don’t worry, challenges are often related to the success as everything you learn from your first experience will help in your long term success of your start-up business! Only keep all these things in mind while making business plan to start business with Indonesian companies!

Read a topic about Indonesia Import Statistics @ http://www.exportgenius.in/export-import-trade-data/indonesia-import.php

Key Steps to Find a Supplier in China

Suppose you come up with a product idea or think you have market channels for certain goods and you want a supplier in China due to low production cost. If you search on World Wide Web, you will find a huge number of suppliers but not all of them would be trusted options. So, if you are still confused, then look out for the steps here to find a desired supplier in China.

4 steps involved in finding a supplier in China…

Step 1 – Understand What You Need

Initially, you must know and understand about what are your requirements. Some categories for thinking about Chinese suppliers like 3^rd party supplier, small family owned supplier and so on would possibly make you confused. In such a situation, you must know which type of supplier you are looking for. For example, if you want to import products in a narrow range, you can go for a manufacturer other than a 3^rd party supplier. Or if you are operating a small business, you can choose a small family owned supplier.

Step 2 – Take Help from Internet

Of course, you need to take some help from Internet in order to find the right China supplier. You can record the data collected from the web in a file. The information would include columns such as name & contact of the company, scale & scope of company and so on. Even you can find some market research companies over the Internet to find the best suppliers in China. They provide genuine information on foreign trade.

Step 3 – Narrow Down the List of Suppliers Selected

When you are done with putting details of all suppliers in China into a file, you now have to choose the best ones after doing an extensive research. You need to contact the suppliers you want to work with, and further develop business relationships with them. Definitely, you would be able to find the right one.

Step 4 – Find a Local Chinese Business

If you have personal contacts in China or you know someone who can help you in finding a supplier, you must take the help from them. They would help you in finding a Chinese local business that would further help you in locating the best supplier in that country.

So, now you need not worry about your business, just find the best and right supplier in China for your products from these above-mentioned suggestions!

Get more help at Export Genius via http://www.exportgenius.in/export-import-trade-data/china-export.php

India Union Budget 2016-17 – Main Propositions for Make in India Programme

“Make In India (MII)” is an Indian government’s initiative to encourage multi-national and domestic companies to manufacture their products in India. Several propositions like incentivizing domestic value addition for boosting MII have been announced in union budget 2016-17 by finance minister, Arun Jaitley. 

Here are major propositions announced for this initiative…

• Finance Minister proposed to assist the propagation of start-ups through 100% deduction of profits for 3 out of 5 years set up during April 2016 to March 2019.

• Simplification in the customs and excise duty procedures is proposed to improve competitiveness of domestic industry in sectors like Maintenance Repair & Overhauling (MRO) of ship, aircrafts, etc., paperboard & newsprint, paper, petrochemicals, mineral fuels & oils, textiles, defence production, capital goods and Information Technology hardware.

• With a view to promote “Make In India” campaign, government has planned to give accorded ‘Residency Status’ to foreign investors on certain conditions. Currently, these investors are granted business visa only up to 5 years at a time.

• To strengthen the MII initiative, an allocation of Rs.1,804 crore granted towards the scheme for Investment Promotion and Amended Technology Upgradation Fund.

• Government has proposed 4% charge on populated PCBs for manufacture of personal computers. Earlier it was exempted.

• Several propositions have been announced in budget to boost ‘Ease of Doing Business’ initiative including 13 cesses levied by other ministries or departments.

• CENVAT Credit Rules, 2004 being amended to improved credit flow, reduce the compliance cost plus litigation. Several other amendments would take place in it. This will come into effect from 01.04.2016.

• Basic Custom Duty (BCD) rates increased in the range of 2.5% to 10% for imported finished products and reduced from about 10% to a lower rate/nil rate for inputs across various sectors.

The Government of India has proposed changes in customs and excise duty rates on certain inputs, intermediaries & components, raw materials and other goods that would help in boosting its “Make In India” initiative. After successfully implementing this programme, India would emerge as the top destination for foreign direct investment globally, surpassing United States and China. To get customs and excise rates on all the products, do follow the next post on India union budget 2016-17. 

The facts and figures in terms of content, charts, diagrams or graphics on international trade data published in this article are taken from various trustworthy sources. Export Genius takes no responsibility or liability on the accurateness and genuineness of facts, figures and diagrams published in this article.    

India’s Foreign Trade Facts & Figures – Economic Survey 2016 Key Points

Still away with the facts of India’s foreign trade and figures, revealed in Economic Survey 2016? Have a glimpse of complete package on India’s key economic areas in simple form right here!

 
  è India’s Foreign Trade:

India’s total export value, which is in negative since December 2014, is likely to pick up, according to India Economic Survey 2016.

Exports declined further more to 13.6% in January 2016 to USD 21 billion, which was down for the 14^th month in a row. Fall in shipments of engineering goods and petroleum products were the major factor for this economic scenario, although trade deficit showed improvement. Exports dipped by 17.65% to USD 217.67 billion during 2015-16 as against USD 264.32 billion during 2014-15. Chemicals, textiles, gems & jewellery, petroleum products and engineering were the top contributors in the export value.

As far as imports are concerned, these declined by 15.46% to USD 324.52 billion for the 10 months of 2015-16. This resulted to USD 106.8 billion trade deficit during the same fiscal. The trade gap was USD 119.55 billion in April-January 2014-15.

è       GDP Growth:

Economic Survey 2015-16 projects that the real GDP (Gross Domestic Product) for the current financial year and for 2016-17 will be in the range of 7-7.5%, lower than 8.1-8.5% projected in the last survey.

 

             è        Inflation:

CPI inflation for 2016-17 is expected to be around 4.5 to 5%. RBI (Reserve Bank of India) is expecting to meet 5% inflation target by March 2017.

              

  

              è       Fiscal Deficit:

According to the India Economic Survey 2016, fiscal deficit is likely to be about 3.9% of GDP during 2016-17. And revenue deficit and primary deficit are to be around 3.0% and 1.6% respectively during the same fiscal.

So, understand these international trade data and financial figures and make out where our economy is going under the current circumstances!
The facts and figures in terms of content, charts, diagrams or graphics on international trade data published in this article are taken from various trustworthy sources. Export Genius takes no responsibility or liability on the accurateness and genuineness of facts, figures and diagrams published in this article.    

Read here to get import export statistics report at ExportGenius.in