Presentation is loading. Please wait.

Presentation is loading. Please wait.

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

Similar presentations


Presentation on theme: "Approaching Indonesia Market Le Hong Minh – Chief representative of Vietnam Trade Office in Indonesia."— Presentation transcript:

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

2 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.

3 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

4 Total import and export turnover in 2013 Total import & export turnover reached US$369.217 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

5 Vietnam - Indonesia Trade Relations Vietnam - Indonesia Trade Relations

6 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 …

7 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$112.215 million Two-way trade volume is expected to reach US$5 billion in 2014 and around US$10 billion by 2018

8 Exported goods20137 months of 2014 Phone and accessories654.415.681457.148.930 Iron and steel325.794.905182.083.830 Machinery, equipment, tools and spare parts88.185.20683.003.470 Clinker and cement69.027840 Materials for textile, garment, leather and footwear98.047.04863.001.540 Chemical products69.173.36753.753.001 Means of transport and spare parts94.472.71753.032.626 Fiber, yarn77.600.32347.772.121 Textiles and garments88.788.46247.742.621 Computers, electronic products and components76.399.45842.261.540 Main exported goods Unit: USD

9 Imported goods20137 months of 2014 Paper253.330.174126.496.857 Machinery, equipment, tools and spare parts146.519.244104.530.775 Chemicals146.988.42284.024.084 Other metals60.535.93573.176.210 Coal72.040.543 Plastic materials85.718.82059.252.292 Feeds and materials91.097.22751.471.915 Components, automotive parts91.751.14250.710.562 Fiber, yarn64.266.49249.854.139 Products from other metals111.770.92749.199.688 Main imported goods Đ ơ n vị tính: USD

10 Ways to access to Indonesia Market

11 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

12 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

13 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

14 Some useful sites Vietnam Trade Office in Indonesia Email: id@moit.gov.vn Indonesia Embassy in Vietnam Email: hanoi.kbri@kemlu.go.id Website: indonesia.org.vn Ministry of Trade of Indonesia Website: http://www.kemendag.go.id/enhttp://www.kemendag.go.id/en Ministry of Argiculture of Indonesia Website: http://www.deptan.go.id/http://www.deptan.go.id/ Chamber of Commrce and Industry of Indonesia Website: http://www.bsd-kadin.orghttp://www.bsd-kadin.org

15 Thank you Vietnam Trade Office in Indonesia Jl. Cut Nyak Dien, Menteng Jakarta 10350 Tel: +62 21 3190 4344 Fax: +62 21 3100 359 id@moit.gov.vn ; minhlh@moit.gov.vn www.vietnamexport.com


Download ppt "Approaching Indonesia Market Le Hong Minh – Chief representative of Vietnam Trade Office in Indonesia."

Similar presentations


Ads by Google