Indonesia’s government is coming up with a bank scheme for the exporters to get financial support to keep their gross income within the country as many of the Indonesian exporters keep their earnings across the borders and a new rule implemented new measures. The Indonesian government is committed to uplifting the Indonesian exporters after receiving […]
EU-Indonesia to develop ties this year, so much so that the EU imports from Indonesia have surged by a value difference of about $3 billion. The EU is likely to import much higher than Indonesia’s import in the near time, as per the analysis of trade data of both countries. The imports of the EU […]
Indonesian coal to India has doubled in 2022 as the production of coal in Indonesia has ramped up. According to sources, the Asian country registered a jump in coal production by 8.9% in 2021. Indonesia is the world’s third-largest producer of coal in the world, following China and India at the top. The demand for […]
Indonesia has put an end to the levied export duties on the exports of palm oil from the country, in order to boost the exports and take out from the high inventories of produced palm oil domestically. The decision from the Indonesian government comes after Indonesian palm oil producers were found to be struggling to […]
Indonesia accounts for about 22.25% of world exports in raw materials’ commodities, while for imports it accounts for about 12.65% as per WITS Statistics 2019. Indonesia is the net importer of crude oil, imported worth around $13 million in 2019. On the other hand, it is a net exporter of coal, exported worth around $13.5 […]
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