Approaching Indonesia Market Le Hong Minh – Chief representative of Vietnam Trade Office in Indonesia

Common features of Indonesia market Asean’s largest economy In 2013, GDP reached US$868,3 billion. GDP per capita was US$3.475 Rich in natural resources: oil, natural gas, nickel, tin… Large consumption The 4 th largest population in the world (approximately 250 million people) Sharp increase in middle class, around 56.7% of the total population in 2013 Households with income above US$10,000 also increased rapidly.

Agriculture Over 40% of population work in agriculture Main products: rice, coffee, tea, soya beans, cassava, palm oil, poultry... Industry Focusing on mining and processing Main products: oil, gas, wood, electronics, textiles, footwear, cement, chemical fertilizers... Services The country has many festivals and landscapes Tourism attracts a large number of international visitors Common features of Indonesia market

Total import and export turnover in 2013 Total import & export turnover reached US$ billion, of which: Export: US$182,568 billion Import: US$186,631 billion Main exports Oil and gas, palm oil, electrical equipment, textiles, rubber, footwear... Main imports Machinery, electronics, iron and steel, chemicals, food... Common features of Indonesia market

Vietnam - Indonesia Trade Relations Vietnam - Indonesia Trade Relations

Trade relations between Vietnam and Indonesia The two markets are similar and have an interactive trade relations Exports to Indonesia: cell phones and accessories, iron and steel, building materials (clinker, cement...), machinery, equipment, tools, spare parts, textile materials, leather, shoes... Imports from Indonesia: paper, machinery and equipment, chemicals, coal, metals, feeds and raw materials …

Trade relations between Vietnam and Indonesia Two-way trade turnover has increased rapidly Two-way trade volume increased from US$4.6 billion in 2012 to US$4.8 billion in 2013, of which: -Exports: US$2.45 billion -Imports: US$2.37 billion Two-way trade turnover in the first 7 months of 2014 reached US$2.907 billion Exports: US$1.509 billion Imports: US$1.397 billion Trade surplus: US$ million Two-way trade volume is expected to reach US$5 billion in 2014 and around US$10 billion by 2018

Exported goods20137 months of 2014 Phone and accessories Iron and steel Machinery, equipment, tools and spare parts Clinker and cement Materials for textile, garment, leather and footwear Chemical products Means of transport and spare parts Fiber, yarn Textiles and garments Computers, electronic products and components Main exported goods Unit: USD

Imported goods20137 months of 2014 Paper Machinery, equipment, tools and spare parts Chemicals Other metals Coal Plastic materials Feeds and materials Components, automotive parts Fiber, yarn Products from other metals Main imported goods Đ ơ n vị tính: USD

Ways to access to Indonesia Market

Participating in trade fairs and exhibitions Having booths at specialized fairs Visiting trade fairs, doing market research, approaching businesses at trade fairs Learning about trade fairs through representative offices, Chamber of Commerce and Industry, business associations,… Participating in trade missions Conducting market surveys, looking for suppliers and possibility of cooperating with Indonesian partners

Networking with local distributors Varieties of goods, high level of competition Supermarkets, convenience stores, mini marts develop rapidly Knowing consumption habits and tastes of Indonesian people Understanding clearly import rules, procedures and licencing… Boosting trade promotion Through trade agents and distributors Through media at a reasonable cost Investing carefully in packaging, design and specifications. Ways to access to Indonesia Market

Tastes of Indonesian consumer Price is comparable with quality Saving, recycling and environmental protection Labeling in Indonesian language Using packets of small weight, low price Halal standards Opening representative offices Easy to find partners Market research, updated information Keeping abreast with regulations, procedures related to import and export Ways to access to Indonesia Market

Some useful sites Vietnam Trade Office in Indonesia Indonesia Embassy in Vietnam Website: indonesia.org.vn Ministry of Trade of Indonesia Website: Ministry of Argiculture of Indonesia Website: Chamber of Commrce and Industry of Indonesia Website:

Thank you Vietnam Trade Office in Indonesia Jl. Cut Nyak Dien, Menteng Jakarta Tel: Fax: ;