Cekindo Business International is now InCorp Indonesia. Learn more.
InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
Get assistance from experts with a decade of experience in assisting international business owners expanding into Indonesia.
Avoid any bureaucratic complexity when closing your company by engaging with our experienced legal advisors.
What type of legal entities should you choose to register a company in Indonesia? We can assist you in choosing which is the best one to grow your business.
To help businesses survive during this unfortunate time, InCorp provides corporate recovery in Indonesia and insolvency services.
Granting an environmental permit in Indonesia needs an Environmental Impact Analysis (AMDAL) in advance.
Obtaining property & land ownership in Indonesia offers some challenges for foreigners. However, buying property in Indonesia is attainable with specific resources and documents.
Recent regulatory changes have a knock-on effect on Indonesia's Merger & Acquisition landscape. Check on how we can navigate you through your M&A in Indonesia.
InCorp provides Virtual Office services Indonesia in various locations: Jakarta, Bali, Semarang, Surabaya, and Batam.
Business process outsourcing in Indonesia is a viable option to streamline bureaucratic complexities that hurdle your business expansion objectives.
InCorp offers a complete range of accounting service Indonesia, from tax reporting to auditing.
With professional financial audit services from InCorp, you can ensure all accounting activities are accurately recorded and compliant with Indonesian regulations.
Using an Employer of Record service to set your roots in Indonesia opens the doors to new opportunities in the country.
Financial and Operational Resilience services from InCorp are developed to support businesses and help them survive during this difficult time.
Payroll services in Indonesia are a practical solution to avoid unnecessary complexities while you focus on growing your business.
Using a recruitment agency in Indonesia will help you hire the best candidates for your company, saving you time and money.
Tax consulting in Indonesia are the shortcuts to fulfill the administrative obligations with high accuracy and in a timely manner.
The Indonesian government promotes tax holidays as one of the fiscal incentives to attract major foreign direct investment in Indonesia.
Operating businesses in Indonesia, entrepreneurs must comply with the regulations accordingly, especially concerning taxes.
Immigration in Indonesia is one of the strictest and most complex processes due to its ever-changing regulations. InCorp provides a seamless experience in obtaining your stay and work permits.
Avoid any hassles by engaging with an experienced visa agent in Indonesia.
A dependent visa Indonesia is a document that allows foreigners to bring their family while settling down in the country.
Investor KITAS Indonesia is a stay permit that offers many benefits to investors that invest in the country.
Overseas Visas are required for Indonesians who are planning to stay abroad for an extended period of time.
KITAP is a permanent stay visa for foreigners who have intentions to stay in Indonesia.
Foreign retirees often find their plans stuck due to the complex visa application process. InCorp helps expedite the process.
Obtaining a social visa is daunting if you are not familiar with the country’s complex bureaucratic processes. Consult with us for a seamless Indonesian visa application experience.
Foreigners married to an Indonesian citizen are eligible for a spouse-sponsored KITAS.
Learn how to obtain an Indonesian tourist visa seamlessly and securely, directly from a trusted visa and travel agent.
Get assistance from a trusted visa agent in Indonesia to make your traveling plan to Indonesia even more convenient.
Expedite your Indonesian work permit application process by engaging with a trusted visa agent.
All imported goods must obtain permission granted by specific governing bodies prior to entering the local market.
Learn more about the cosmetic product registration services in Indonesia.
Learn more about exporting goods to Indonesia.
Learn more about the food & beverage product registration services in Indonesia
Learn how to go through halal certification in Indonesia directly from experts successfully.
Learn more about the health supplement product registration services in Indonesia.
Learn more about the household product registration services in Indonesia.
Learn more about importing goods from Indonesia
An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner.
Learn more about the medical device registration services in Indonesia.
Register a trademark is necessary to avoid legal issues in the future. InCorp can help you with Trademark Registration services in Indonesia.
Compliance is one of the most challenging parts of business overseas, especially in a country packed with complex bureaucratic processes such as Indonesia.
Updating business documents to align with your company’s growth can be a hassle.
Due Diligence services are needed to assess the credibility of the company or partner you wish to work with or acquire in Indonesia
From Company Regulations to Employment Agreement Drafting, Employment law services from InCorp will help you to compliance with employment policy in Indonesia.
InCorp’s legal consultation services in Indonesia are crafted to help your business settle and fully comply with the latest regulations.
Organizations must continuously evolve and transform to remain competitive and relevant in today’s global environment ...
Companies face many opportunities and challenges as a result of a changing market and regulatory landscape ...
Adopting Environmental, Social, and Corporate Governance (ESG) practices can improve your company’s value ...
Risk Management services from InCorp Indonesia can assist companies in building confidence when making future business decisions ...
Transfer Pricing in Indonesia occurs when a company performs an internal transaction within the same business group or its subsidiaries
InCorp's transfer pricing advisory services in Indonesia are marked by the objective to support our clients' business needs.
Our transfer pricing services provide you with a hassle-free experience while still complying with the legal aspects of transfer pricing in Indonesia.
As the market-entry consulting firm in Indonesia, InCorp provides a wide range of customized solutions to ease the business incorporation process.
Both natural and legal persons are entitled to open a bank account in Indonesia. Find out how to open a bank account in Indonesia, here.
InCorp can help you find a trusted Buying Agent Indonesia for product sourcing in Indonesia. Contact us now for a free consultation.
InCorp can help foreigners to get the driving license in Indonesia, whether SIM A or SIM C. Check out the requirements and the procedure, here.
IMEI Registration in Indonesia is necessary to ensure telecommunication devices from abroad can function properly in Indonesia.
With offices in Jakarta, Bali, Semarang, SUrabaya, and Batam, InCorp is ready to assist you as a local partner and distributor in Indonesia.
InCorp can help you to select the trusted local partners to import and distribute your products in Indonesia.
Improve your business by knowing the market conditions in Indonesia through market research services in Indonesia.
InCorp can help you gain information about your competitor's product through mystery shopping.
Indonesia’s export commodities are 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 are valued at USD 24.12 billion, as stated by BPS on November 2022.
Exports have contributed positively to Indonesia’s gross economic output and made Indonesia the 24th world’s largest export economy.
In this article, we will show you the top export commodities in Indonesia and how you can seize the opportunities to start your export business in this ever-evolving country.
Here are the top 10 commodities most exported from Indonesia, which have fetched foreign currency for Indonesia. The type of commodities and their dollar values are shown in the table below:
(US$ in billion)
Interestingly, Indonesia is ranked the 2nd largest fake hair exporter globally, just falling behind the 1st largest exporter in China.
Every year, Indonesia exports approximately US$382 million in raw materials for the wig to countries worldwide. That amount accounts for 11% market share globally.
With a 54% market share and US$26.4 billion in annual export, Indonesia is the world’s largest producer and exporter of palm oil. With a 34 percent share, Malaysia follows Indonesia for palm oil export.
Indonesia is the 2nd largest exporter of coal briquettes globally, with an annual output of US$11.9 billion and a market share of 18 percent, accounting for the country’s 8.5% total exports.
Globally, Indonesia is ranked the 7th largest exporter of petroleum, with a 4.9% market share with an annual report of US$127 billion. Even though the oil and gas sector has shown a slight decline recently, the export of petroleum gas has supported Indonesia’s economy to a large extent.
Being the 3rd largest export of this commodity, the export of copper ore in Indonesia is worth US$ 44.2 billion with a market share of 7.9%. Thanks to the Grasberg Mine, located in Papua, Indonesia, has the 2nd largest copper mine and the largest gold mine.
Indonesia accounts for 4% of gold production globally. It is Ranked the 9th largest gold producer globally. Even with the largest gold mine, this commodity export is dominated by Switzerland, with 28% of gold exported globally.
Related article: Export Import License that Your Company Should Have
Indonesia has several major export destinations, with China, the United States, Japan, Singapore, and India being the most prominent ones.
As mentioned, each country’s export value is US$16.8 billion, US$16.2 billion, US$ 16.1 billion, US$ 11.2 billion, and $10.1 billion, respectively.
It is vital for foreigners who wish to start an export business to know that Indonesia is a significant commodity-producing and exporting country globally. Thus, export businesses are also more responsive to price volatility on a global scale.
However, with the best strategies, you will enjoy handsome profits during price upswings but maintain unharmed during price downswings.
Are you interested in export opportunities in Indonesia? InCorp Indonesia (formerly Cekindo) offers market-entry strategies with buying agents, company, and product registrations.
Contact us today and get to know more about export commodities in Indonesia.
An expert for more than 10 years, Pandu Biasramadhan, has an extensive background in providing top-quality and comprehensive business solutions for enterprises in Indonesia and managing regional partnership channels across Southeast Asia.