Indonesia’s Trade Surplus At $1billion In December 2021

 According to Indonesia Import-Export Data, Indonesia’s trade surplus decreased to $1.02 billion in December 2021, the lowest in the last 20 months. Indonesia’s imports hit a high record in December as Indonesia’s exports decreased in the global trade market.

Since May 2020, some of the largest economies of Southeast Asia have been reporting a trade surplus each month as the Covid-19 pandemic exceeded local demand while the prices of export commodities such as copper, steel, tin, coal, rubber, and palm oil have increased at a rapid pace.

The forecast of Exim shows that in December Indonesia’s surplus was about a third to $3.13 billion, less than November's $3.51 billion. Based on import data, December imports of Indonesia estimated a high value of $21.36 billion, an increase of 47.93% on Y-O-Y which is greater than the actual forecast imposed by the economist which was 39.40% growth.

In a recent conference meeting, Margo Yuwono, the head of Indonesia’s statistics commented that the increase in production and demand shows that the economic conditions and activity of Indonesia are improving.

Indonesia recorded a growth of 35.30% in its total exports on a yearly basis. The reason being the shipment and export to china slowed down as Beijing has boosted the domestic output of the fuel.

Indonesia trade data suggests the total shipment value was worth $22.38 billion in December which is the second-highest till November which was $22.84 billion. Economists and market experts have warned Indonesia about the effect of the ban on the export of coal. The coal export contributes about 14% of Indonesia’s overall exports and widespread outages of domestic power could result in a deficit in Indonesia’s trade balance.

The data is based on Indonesia's import-export trade activities retrieved and sourced by Exim’s expert panel to assist traders, manufacturers, importers & exporters from all over the globe in their several decision-making processes.

Exim’s customs import-export trade data offer complete transparency into the trade activities of various global countries which helps you evaluate the overall supply chain and demand of the global trade market.

Indonesia’s Major Trading Partners

Based on Indonesia Export Data, China, United States of America, Japan, Singapore, India, Malaysia, Korea, Philippines, Thailand, and Vietnam are some of the major Indonesia export partner countries.

 

Country	Value in USD ($)	Share in %
China	$31 Billion	19.4%
United States of America	$18.6 Billion	11.4%
Japan	$13.6 Billion	8.36%
Singapore	$10.7 Billion	6.55%
India	$10.4 Billion	6.37%
Malaysia	$8.13 billion	4.97%
Korea	$6.5 billion	3.98%
Philippines	$5.89 billion	3.61%
Thailand	$5.11 billion	3.13%
Vietnam	$4.94 billion	3.02%

Top Rated Products of Indonesia

Rank	Export Product	Value (US$)
1	Palm Oil	$17,364,812,000
2	Coal & Solid Fuels Made From Coal	$14,547,621,000
3	Gold	$5,541,878,000
4	Petroleum Gasses	$5,452,286,000
5	Iron Ferroalloys	$4,745,250,00
6	Natural Rubber	$3,011,840,000
7	Flat-rolled stainless steel & article	$2,993,038,000
8	Industry fatty acids & alcohol	$2,916,548,000
9	Cars	$2,689,360,000
10	Copper ores & concentrates	$2,412,204,000

 

For more info on Indonesia imports & exports, you can buy customs import-export trade data through Exim and get access to Exim’s customized import-export market analysis reports and gain dynamic insights into the world trade market.

Quick Overview Of India’s Fish Market And Data Analysis Reports

 In 2020, the total fish exports value of India was totaled $611 million and by the end of the year 2021, from Jan to Oct it was $485 million. The fish exports of the country went down as the supply chain got affected by the Covid-19 restriction in 2020. With a share of 39% of the market (2020) and 22% (2021), China remains one of the top importer countries of Indian fish in the world. The largest exported species in India is Ribbonfish.

India is among one of the largest fish-producing countries across the globe with a 7% share of global fish production. In recent times this sector has shown immense growth. During 2018 and 2019 these marine products stood at 13.93 lakh metric tons and were worth $6.73 billion.

Getting To Know India’s Fish Exports Market

As per the HS Code, the fish is categorized into four different sections.

● Live Fish: 0301

● Fresh or Chilled Fish: 0302

● Frozen Fish: 0303

● Fish Fillets & Other Fish Meat: 0304

Market analysis reports of Indian exports suggest that frozen fish are the most exported fish among other fisheries.

What are the top 10 Species of Fish Exported During 2020?

India is home to a variety of unique and diverse species of fish including brackish water fishes, marine fishes, and freshwater fishes in areas of the Arabian Sea, Bengal Sea, and the Indian Ocean. About 940 species of fish consist of freshwater fishes constituting about 38% of the total Indian fish fauna.

Sole, Jack, Croaker, Pomfret, and Ribbon Fish are some of the most popular species of fish in India where one of the largest exported fish by this country is Ribbonfish covering  27.39% of the total fish export during 2020.

What are the largest importing countries of India’s Fishmarket?

China (39.2%), Thailand (12.2%), Japan (9.3%), Taiwan (3.9%), Tunisia (3.5%), United States (3.1%), Hong Kong (2.5%), Kuwait (2.4%), Bangladesh (1.7%), and Russia (1.7%) were the largest importing countries of India’s fishmarket during 2020 as per India export data.

India exports fisheries to more than 50 countries in the world including Russia, Bangladesh, the United States, Japan, China, Tunisia, Hong Kong, Kuwait, Taiwan, and Thailand.

Top Market Share Holder of Indian Exports Fish Markets

➢ Sun Exports: 3.2%

➢ Gadre Marine Export Private Limited: 6.2%

➢ Amar Sagar Seafoods Private Limited: 2%

➢ Ulka Sea Foods Private Limited: 2.8%

➢ Salet Seafoods Private Limited: 1.7%

➢ Goan Fresh Marine Exports Private Limited: 2.4%

➢ Nishindo Foods Private Limited: 1.5%

➢ SS international: 1.6%

➢ Silver Sea Food: 1.7%

➢ Silver Star Exports: 1.6%

Given Below Are Some of The Largest Ports of India For Loading Fish Shipments

❖ Mangalore Sea: 3.1%

❖ Mundra Sea: 12.1%

❖ Pipavav-Victor Port Gujarat Sea: 26.2%

❖ Cochin Sea:18%

❖ Nhava Sheva Sea: 19.6%

These major ports of India accounted for 90% of total shipments during 2021 ( Jan to Oct).

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

For more info visit site: https://www.eximtradedata.com

Vietnam Import-Export Trade Data 2021 And Custom Reports

 Compared to the global trade of the Covid-19 period, Vietnam trade values are improving. The exports and imports of Vietnam during 2020 accounted for billion $ 11,971 billion and $11,971  billion. Post Covid-19, the total import of Vietnam was $303 billion and the total export value of Vietnam was $329.2 billion during 2021 according to the available data of October 2021.

Vietnam is one of the ASEAN countries that are struggling to improve their economical state through enhanced import and export trade business. The Vietnam historical data that Exim Trade Data provides offer intelligence insights into the global trade data and by accessing our trade intelligence you can get in-depth custom reports on Vietnam import-export trade data that will help you boost your foreign trade business.

Vietnam Imports and Exports Report of 2021

Major Imports Commodities

● Electronics & Parts: $113.20 billion

● Plastics & Articles: $22.58 billion

● Industrial Machinery: $20.82 billion

● Steel & Iron: $12.84 billion

● Knitted or Crocheted Fabrics: $10.19 billion

Electronics and Parts were among the highest imported commodities during 2021 followed by Plastics & Articles of Plastics, Industrial machinery, Iron & Steel, and Knitted or Crocheted Fabrics. For more understanding of Vietnam import-export trade data, get instant access to trade intelligence through Exim Trade Data.

What are the Import Value of Vietnam 2021?

The total import value of Vietnam throughout the year 2021 are as follows: January $30.57 billion, February $24.14, March $32.69 billion, April $30.89 billion, May $30.73 billion, June 33.45 billion, July $31.41 billion, August $29.50 billion, September $29.99 billion, October $29.66 billion according to Vietnam Import Data.

In the month of June Vietnam recorded the highest import value worth $33.45 billion followed by the month of March $32.69 billion during 2021.

Major Export Commodities of Vietnam 2021

● Electronics & Parts: $125.78 billion

● Industrial Machinery: $22.97 billion

● Steel & Iron: $18.51 billion

● Gaiters, Footwear, etc: $16.57

● Plastics & Articles: $13.87

Electronics and Parts were among the highest imported commodities worth 125.78 billion during 2021 followed by Industrial Machinery worth $22.97, Steel & Iron, Gaiters, Footwear, etc, Plastics & articles, and so on.

What are the Export Value of Vietnam 2021?

The total import value of Vietnam throughout the year 2021 are as follows: January $36.79 billion, February $24.32, March $37.20 billion, April $39.43 billion, May $30.43 billion, June 32.51 billion, July $32.03 billion, August $31.64 billion, September $31.19 billion, October $33.71 billion.

In the month of April Vietnam recorded the highest import value worth $39.43 billion followed by the month of March $37.20 billion during 2021 according to Vietnam Export Data.

The data we offer to our clients is based on factual information including HSN Code, Product Description, Date, Mode of Transportation, Port Name & Details, Importer & Exporter Names, Address of Importer & Exporter, Shipment & Consignment Details, Rates, Unit, Value, Quantity, Weight, etc.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

Omicron Effect On Smartphone Industry And Exports In India

 The breakout of Omicron, a new variant of the post-Covid-19 virus, will not have much of an effect on the electronics and smartphone industry and its sales, says the analysis reports of experts of fields.

The first case of this variant was reported from African countries due to which the exports of India might see a negative impact in its overall exports to these countries due to the Omicron virus breakout.

Barring public movement, the mobile industry of India won’t see much of a change in its overall sales value. Having said that, we as people of the nation need to stay watchful to counter any indefensible situations that may occur in the future.

The founder of Techarc and the chief of Techarc says that the supply chain of the smartphone industry will not face much of an effect of the Omicron virus. But it will certainly hit the sales on the consumer end if the supply chain gets affected by the Omicron virus which looks uncertain at the moment.

People across the globe prefer the Christmas and new year period for shopping and buying electronics, gadgets, and new phones. This is because during festive seasons sellers give attractive offers, eye-catching discounts, and thousands of options to choose from.

There are chances that the exports of India might get affected as India exports mobile accessories more than 12% to the African countries.

The smartphone industry of India greatly relies on exports as African countries offer a huge market to India.

Total Import And Export Value Of India 

❖ India imported goods worth $582.02 billion in 2017

❖ India imported goods worth $639.01 billion in 2018

❖ India imported goods worth $601.58 billion in 2019

❖ India imported goods worth $482.45 billion in 2020

Exports

❖ India exported goods worth $498.26 billion in 2017

❖ India exported goods worth $538.64 billion in 2018

❖ India exported goods worth $529.02 billion in 2019

❖ India exported goods worth $474.15 billion in 2020

Current Trade Statistics of India

➢ Trade Balance: $-23.27 million in Nov 2021

➢ Total Imports: $52.94 billion Nov 2021

➢ Total Exports: $30.04 billion Nov 2021

➢ Current Account: $6500 million

What are the products India exports the most?

Mineral Oils & Fuels $27.6 billion (10%), Precious Metals & Gems $24.5 billion (8.9%), Organic Chemicals $17.4 billion (6.3%), Pharmaceuticals $18.4 billion (6.7%), Electronics & Computers $18 billion (6.5%), Plastics & Articles of Plastics $6.6 billion (2.4%), Cereals $8.7 billion (3.1%), Electrical Machinery & Equipment $13.5 billion (4.9%), Steel & Iron $10.6 billion (3.9%), and Vehicles $13 billion (4.7%) were some of the top exported products of India according to India export data 2020.

What are the major trading partners of India?

The United States $49.3 billion (17.9%), United Arab Emirates $18 billion (6.5%), United Kingdom $7.77 billion (2.8%), China $19 billion (6.9%), Hong Kong $9.5 billion (3.5%), Bangladesh $7.91 billion (2.9%), Singapore $8.3 billion (3%), Vietnam $4.5 billion (1.6%), South Korea $4.52 billion (1.6%), Germany $7.7 billion (2.8%), Malaysia $6.2 billion (2.2%), Netherlands $6.3 billion (2.3%), Belgium $4.57 billion (1.7%), Saudi Arabia $6.2 billion (2.2%), Nepal $5.9 billion (2.1%) were the top trading partners of India during 2020 according to India exports and imports data 2020.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

For more info visit site:https://www.eximtradedata.com

Tanzania Import Trade Statistics & Its Major Imports

 IN 2019, Tanzania was the world’s 112th largest importer country and the total import value of the country was worth $11 billion in 2019. In the second quarter of the year 2021, the total import value of the nation is recorded at $2394 Million.

According to the market analysis and reports, by the end of this quarter, the total imports of Tanzania are expected to be $2000.00 million.

The market analysis suggests that in the year 2022, total imports of Tanzania are projected to reach around $2150.00 million.

Present Stats Of Tanzania

❖ Trade Balance: $-702.40 as of Mar 2021.

❖ Current Account: $-337.90 Mar 2021.

❖ Imports: $2394.00 as of Jun 2021.

❖ Exports: $1295.80 as of Mar 2021.

Name Of The Major Imports Of Tanzania & Tanzania Major Import Partners

The custom import data we have on Tanzania imports disclose the list of its major imported products and major import partner countries.

According to the market analysis and Tanzania import data, Vegetable-Animal Oils & Fats, Vehicles, Plastics & Articles, Machinery, Electricity Machinery & Equipment, Iron & Steel, Pharma Products, Cereals, Mineral Oils & Fats, were some of the major imported products of this country in 2019. On the other hand, Turkey, Germany, India, Saudi Arabia, Japan, United States, United Arab Emirates, South Africa, Kenya, China were some of the major import partners of this country according to the Tanzania Import Data and Tanzania trade statistics.

What Are Sri Lanka Import Trade Data & Its Trade Statistics?

The custom data the Exim Trade Trade data provide helps you find new and active suppliers & buyers for your import-export trade business across the globe.

Based on the market analysis reports and Sri Lanka Import Data, Sri Lanka was the 83rd largest importer country in the world and the total import value of the country in the years 2018 and 2019 was worth $20.2 billion and 18.0 billion respectively.

What Are The Current Trade Stats Of Sri Lanka? 

❖ Trade Balance: $-495.00 million as of Sep 2021.

❖ Current Account: $-990.17 million as of Jun 2021.

❖ Imports: $1526.00 million as of Sep 2021.

❖ Exports: $1031.00 million as of Sep 2021.

The custom data that we have on Sri Lanka shows that Textile Fabrics, Articles of Iron & Steel, Cotton, Vehicles, Machinery, Mineral Fuels & Oils, Steel & Iron, Pearls & Metals were some of the major imports of this country and India, Japan, Hong Kong, United States, China, United Arab Emirates, Thailand, Singapore, United States, and Malaysia are some of the major import partner countries of this nation as per the Srilanka trade statistics 

The customized data that we have helps you provide useful insight into the global trade market which allows you to monitor all the trade activities of various countries across the globe.

Indonesia Shipment Data & Trade Statistics

The custom import data we have on Indonesia is analytically designed with the help of new tools and technology developed by the field of experts.

The custom data we provide is based on factual information such as the Port Bills, Shipping Bills, Invoices, and some other crucial import-export documents required for trade across the international borders.

The data thaa Exim Trade Data provides include various crucial and important details such as the Shipment Date, Consignment Details, Name & Address of Importer & Exporter, Product Description, HS Code, Port Name, Mode of Transportation, Rate-Unite-Value-Quantity, and so on.

According to Indonesia import data, in 2019 Indonesia was the 30th largest importer country in the world and the total import value of this nation in 2018 and 2019 was worth $189 billion and $171 billion respectively.

Current Trade Stats Of Indonesia 

❖ Trade Balance: $5733.10 million as of  Oct 2021.

❖ Total Import Value: $16293.10 million as of Oct 2021.

❖ Total Export Value: $22026.20 million as of Oct 2021.

❖ Current Account: $4474 million 

Market analysis reports and Indonesia trade statistics show that  Articles of Steel & Iron, Organic Chemicals, Mineral Oils & Fuels, Articles & Plastics, Industrial Machinery, Electrical Machinery & Equipment, Vehicles & Parts, Cereals were some of the major imported products of this country. On the other hand, India, United States of America, China, Japan, Thailand, Malaysia, Australia, South Korea, Vietnam, and Singapore were the major import partners of Indonesia in 2019 as per Indonesia import data and Indonesia import trade statistics.

For more info on global import-export trade data, you can connect to us at info@eximtradedata.com or you can visit our official website.https://www.eximtradedata.com