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Berita Hari Ini Export

  • Investment, Export & Government Spending Improve in Q3

    Investment, Export & Government Spending Improve in Q3

    Although, overall, Indonesia's gross domestic product (GDP) growth in the third quarter of 2017 was slightly disappointing at a pace of 5.06 percent year-on-year (y/y), investment, export and government consumption all strengthened. Hence, the main reason why Indonesia's Q3-2017 GDP growth was below expectations is sliding growth of household consumption.

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  • Improving Economy of China Positive for Indonesian Exports

    Improving Economy of China Positive for Indonesian Exports

    The economy of China grew 6.8 percent year-on-year (y/y) in the third quarter of 2017. An improving Chinese economy is important for the Indonesian economy as China is the biggest trading partner of Indonesia. Slightly over 10 percent of total Indonesian exports are shipped to China, the world's second-largest economy.

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  • Trade Balance Indonesia Back to Surplus in August 2017

    Trade Balance Indonesia Back to Surplus in August 2017

    Indonesia's Statistics Bureau (BPS) said Indonesia recorded a USD $1.72 billion trade surplus in August 2017, exceeding analysts' expectations and significantly higher than the USD $0.3 billion surplus that was recorded in the same month one year earlier. In fact, it was Indonesia's biggest surplus in nearly five years (in November 2012 Indonesia recorded a USD $1.8 billion trade surplus).

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  • Businesses Urge Indonesian Gov't to Sign Free Trade Deals

    Businesses Urge Indonesian Gov't to Sign Free Trade Deals

    Indonesian entrepreneurs urge the central government to sign more bilateral free trade agreements because Indonesia's export products currently miss out on competitiveness as regional counterparts - such as those in Malaysia, Thailand and Vietnam - can enjoy little or zero import duties under such agreements with specific trading partners, while the Indonesian government remains hesitant to be engaged in these deals.

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  • Trade Balance Indonesia: Unexpected Deficit in July 2017

    Trade Balance Indonesia: Unexpected Deficit in July 2017

    Contrary to expectations Indonesia posted a trade deficit in July 2017. The nation's Statistics Agency (BPS) announced on Tuesday (15/08) that Southeast Asia's largest economy experienced a USD $271.2 million trade deficit last month, the country's first deficit in 19 months.

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  • Trade Balance Indonesia: Exports & Imports Down in June 2017

    Trade Balance Indonesia: Exports & Imports Down in June 2017

    Although the nation continued to record a trade surplus, Indonesia's exports and imports unexpectedly contracted in June 2017. Indonesia's Statistics Agency (BPS) announced on Monday (17/07) that exports declined 11.82 percent year-on-year (y/y) to USD $11.64 billion, while imports fell 17.21 percent (y/y) to USD $10.01 billion last month. Hence resulting in a USD $1.63 billion trade surplus in June, up from a revised USD $580 million trade surplus in the preceding month.

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  • American Officials Investigate USA - Indonesia Trade Relations

    Based on statements of officials at Indonesia’s Trade Ministry, the USA started its investigation into the trade deficits the USA has with 16 countries, including Indonesia. Two months ago US President Donald Trump ordered this trade probe as part of his “America First” policy. Trump wants the USA to have the upper hand (meaning a trade surplus) in trade relations.

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  • Trade Balance Indonesia May 2017: Declining on Ramadan Imports

    Trade Balance Indonesia May 2017: Declining on Ramadan Imports

    Indonesia's Statistics Agency (BPS) announced Indonesia's trade surplus stood at USD $474 million in May 2017, significantly below analysts' estimates and the revised April 2017 trade surplus of USD $1.33 billion. Key reason that explains Indonesia's lower trade surplus is rising imports ahead of the Ramadan (the Islamic fasting month) and Idul Fitri celebrations (the festivities that follow after the end of Ramadan).

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  • Indonesia Should Attract More Investment to Boost Economic Growth

    Indonesia Should Attract More Investment to Boost Economic Growth

    After Standard & Poor's (S&P) assigned investment grade status to Indonesia's sovereign rating, hence boosting positive perceptions about the Indonesian economy, the government should use this momentum to encourage public and private investment to push macroeconomic growth to the targeted range of 5.4 - 6.1 percent year-on-year (y/y) in 2018.

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Artikel Terbaru Export

  • Bagaimana Trend Dollar Memberikan Dampak pada Rupiah Indonesia?

    How Will US Dollar Trends Impact the Indonesian Rupiah?

    Selama setahun terakhir, rupiah telah menguat terhadap berbagai jenis mata uang asing. Namun penguatan ini tidak berlaku terhadap dollar Amerika Serikat (AS). Pada periode waktu yang sama, rupiah menguat terhadap mata uang asing lainnya dan sebaliknya rupiah melemah terhadap dollar AS. Untuk banyak investor yang berfokus pada pasar mata uang, mungkin tampaknya seakan dua mata uang ini hanya sedikit berhubungan. Namun, kalau kita melihat trend yang berkembang selama setahun terakhir, menjadi jelas bahwa keadaannya tidak seperti itu.

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  • Slowing Economic Growth Indonesia to Continue in Q1-2015?

    Slowing Economic Growth Indonesia to Continue in Q1-2015?

    Within a couple of days Statistics Indonesia (BPS) is scheduled to release Indonesia’s GDP growth figure for the first quarter of 2015. Despite economic growth forecasts for full-year 2015 - both of the Indonesian government and international institutions such as the World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB) - signalling a rebound from the five-year low of 5.02 percent (y/y) in 2014, various analysts expect to see further slowing economic growth in Q1-2015.

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  • Bank Indonesia Press Release: BI Rate Maintained at 7.50%

    Bank Indonesia Press Release: BI Rate Maintained at 7.50%

    Indonesia’s central bank (Bank Indonesia) decided to maintain its benchmark interest rate (BI rate) at 7.50 percent, the deposit facility rate at 5.50 percent and lending facility rate at 8.00 percent. This interest rate environment is considered to be in line with the central bank’s ongoing efforts to push the country’s inflation figure within its target of 4±1 percent for 2015 and 2016, as well as to control the country’s current account deficit towards a healthier level at 2.5-3 percent of gross domestic product (GDP) in the medium term.

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  • Pasar Besar untuk Produk-Produk Makanan Indonesia di Belanda

    Large Market for Indonesian Food Products in the Netherlands

    Ekspor produk-produk makanan dari Indonesia ke Belanda telah meningkat menurut Wim Jansen, Manajer Komersial di NIVO Import & Export BV, importir dan eksportir produk-produk makanan Asia yang berbasis di Belanda. Sekitar 45% dari nilai impor perusahaan ini ke Belanda terdiri dari produk-produk makanan dari Indonesia, mencapai nilai 3,5 juta euro per tahun. Beberapa produk makanan Indonesia yang diimpor ke dalam Belanda adalah sambal cabe, saus kedelai, krupuk, berbagai jenis bumbu dan mie.

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  • Analysis Performance of the Indonesian Rupiah Exchange Rate

    The Indonesian rupiah exchange rate continued to depreciate on Monday (02/03). According to the Bloomberg Dollar Index, Indonesia’s currency depreciated 0.30 percent to IDR 12,970 per US dollar, a six-year low. Apart from general bullish US dollar momentum in recent months (amid monetary tightening in the USA), the rupiah weakened due to Bank Indonesia’s signals that it tolerates a weaker currency in a move to boost exports (limiting the country’s current account deficit), and due to China’s interest rates cut.

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  • Customs Identification Number (NIK) Indonesia

    The Customs Identification Number (NIK) in Indonesia is a personal identity number given by the Directorate General of Customs and Excise to users of customs services, such as importers and exporters. This customs number gives customs users the possibility to access or connect with the customs system. The registration of a Customs Identification Number is required in order to perform customs activities. Without such number trading companies are (in most cases) not able to perform import or export activities.

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  • Update Indonesia: Bagaimana Pertumbuhan Ekonomi Tahun 2015?

    Walaupun pertumbuhan ekonomi Indonesia bergerak lebih lambat pada tahun 2014, terlihat optimisme bahwa pertumbuhan tersebut akan rebound pada tahun 2015 meskipun kondisi ekonomi global belum kondusif (dan membatasi kinerja ekspor Indonesia) serta lingkungan suku bunga Indonesia yang masih tinggi. Bank Indonesia menaikkan BI rate beberapa kali selama satu setengah tahun terakhir dalam upaya untuk mencegah inflasi tinggi (yang disebabkan oleh kenaikan harga BBM subsidi), menghambat aliran keluar modal menjelang pengetatan moneter AS, membatasi defisit transaksi berjalan dan mendukung nilai rupiah.

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  • Trade Balance of Indonesia Improved in 2014

    The trade balance of Indonesia improved in 2014. Over the whole year of 2014 Indonesia posted a USD $1.88 billion trade deficit, significantly better than the USD $4.08 billion deficit it recorded a year earlier. Today (02/02), Statistics Indonesia announced that Indonesia posted a USD $0.19 billion trade surplus in the last month of the year after having recorded a USD $0.42 billion trade deficit in the preceding month. The improved performance is mainly due to the country’s growing non-oil & gas surplus and narrowing oil & gas deficit.

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  • Import Identification Number (API) Indonesia - Overview

    Import Identification Number (API) Indonesia - Overview

    An Import Identification Number (API) is required in case a company wishes to import goods into Indonesian territory. Without such number a company is not allowed to perform any import activities. Minister of Trade Regulation number 27/M-DAG/PER/5/2012 regarding Provisions on Importer Identification Number (API) as amended by Minister of Trade Regulation number 59/M-DAG/PER/9/2012 (Trade Regulation) regulates the types of API based on the intended use for the product imported.

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  • Analysis of Indonesia’s Dec Inflation and Nov Trade Balance

    Analysis of Indonesia’s Dec Inflation and Nov Trade Balance

    Indonesia’s inflation pace accelerated in December 2014, exceeding estimations of analysts and Indonesia’s central bank. December inflation, 2.46 percent (m/m) or 8.36 percent (y/y), accelerated due to the impact of higher subsidized fuel prices (introduced in November) and volatile food prices (fluctuating rice and chili prices at the year-end). Other factors that contributed to high inflation in 2014 were higher electricity tariffs for households and industries, the higher price of 12 kg LPG, and an airfare adjustment.

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