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Blog - Import-Export

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Blog: Import-Export

Indonesia Trade Agreements: Benefit for Singaporean Investors

Indonesia Trade Industry Outlook Foreign investors must have an Indonesia import license when entering the Indonesian trade industry. Foreign trade has been paramount in boosting Indonesia’s economic growth by contributing 37.3% towards the GDP in 2019. The International Monetary Fund projected export of goods and services to bounce back by 18.4% and imports to ascend …

Building Inspection and the Responsible Technical Person for Cosmetic Importers

Lately, cosmetics have become a booming trend in Indonesia. There have been thousands of cosmetic products that have been registered at the Indonesia FDA (BPOM) in 2020 alone. The increasing number of cosmetic products entering Indonesia drove the BPOM to upgrade their regulation on cosmetics just recently. In the latest regulation regarding cosmetic product registration …

5 Most Important Things to Know before Importing from Bali to Australia

Since Indonesia and Australia share borders in terms of geographical things, both countries have a strong relationship in many fields. One of them is the economic activity that gives advantages for both nations. The geographical factor creates a new market for the trading of some sectors and industries. For example, you can find many logistics …

Procedures for Importing Goods into Indonesia from European Countries

Foreign companies or individuals may find that the import regulations in Indonesia are always changing, causing them headaches while importing goods into Indonesia. For instance, delayed shipment, goods being stuck at the customs, and penalty due to non-compliance. Import compliance is vital when foreigners want to do business in Indonesia and violation may often bring …

How to Import Raw Materials of Food & Beverages into Indonesia

When it comes to importing goods into Indonesia, there are required documents that should be provided, particularly raw materials of food & beverages, into Indonesia. One of the required documents is the Import Notification Letter, known as Surat Keterangan Impor (SKI). The Import Notification Letter (SKI) for raw material of food & beverages is issued …

How to Prevent Your Goods from Being Stuck at Indonesian Customs

As an entrepreneur running an export or import business in Indonesia, having a shipment held in Indonesian customs that causes a dreaded shipment delay is likely to destroy your reputations and incur cost in terms of revenue loss. Whether it is incoming or outgoing goods, whatever gets stuck will keep you up all night pacing …

Importer of Record In Indonesia – A Legal & Inexpensive Way To Import

Importer of Record Service – What Is It? An Importer of Record is a legal entity registered in Indonesia that is responsible for all the documents and entry requirements for importing goods into the country. The Importer is registered under the Directorate General of Customs and Excise and has official licenses and permits to carry …

Top 10 Export Commodities in Indonesia

Indonesia export commodities is a precious and indispensable asset to its economy. The commodities account for approximately 60 percent of all Indonesia’s exports. In continuation with the healthy growth shown by exports over the years in Indonesia, the exports in Indonesia is valued at US$158 billion annually as of October 2018. Exports have contributed positively …

Key Points about Import Business License in Indonesia

One who wants to start a business in Indonesia and import goods into the country needs an import business license. Without one, you will not be able to get through the customs clearance. Regardless of the size of your shipments, you will have to apply for this license before importing goods to Indonesia. You really …