Indonesia Import Data
09-May-2024
India, with its enormous plantations and highly skilled labour force, is a major player in the global rubber industry. However, controlling the export market necessitates a keen eye for profits. India is a major producer of natural rubber, which is utilized in various industries, including automotive and healthcare. India also ranks third in the world for natural rubber production and consumption and fourth for the combined usage of natural and synthetic rubber.
However, exporting rubber products from India to Indonesia might be a profitable business venture, given Indonesia's expanding demand for rubber products. Several critical measures must be taken to export rubber products to Indonesia successfully. In this blog post, we will explore the major steps to export rubber products from India to Indonesia, including market insights such as Indonesia import data, Indonesia export data, or rubber export data.
Rubber, an important rubber culture product, is made from the latex of the Hevea brasiliensis tree. Rubber's unique properties, such as flexibility, water resistance, and electrical nonconductivity, make it useful. It can also produce pneumatic tyres, waterproofing materials, and insulation materials. Rubber production has contributed greatly to India's economic growth.
The rubber sector varies, from tyre and medical glove production to natural rubber cultivation. Certain industries, such as automotive rubber parts, are generally more profitable than others.
Also Read: Steps to export plastic products from India to Indonesia
Let’s first analyze the table for rubber export data!
Rubber Exports from India to Indonesia | Rubber export data |
Total Shipments | 1.9K |
Rank (Global) | 1st |
Number of Indian Rubber product Exporters | 30 |
Number of International Buyers | 30 |
Rubber HS Code | 40129049, 40082190 and 40149090 |
Based on rubber export data, India sends most of its natural rubber to Indonesia and is the world's second-largest exporter of natural rubber.
Vietnam is the largest exporter of natural rubber, with 126,423 shipments, followed by India with 118,776 and Germany in third place with 98,294 shipments.
The top three product categories for natural rubber exports from India to Indonesia are HSN Code 40129049. HSN Codes: 40082190, 40149090.
India has established a strong presence in the international rubber product export market. This overview looks at the key elements of India's rubber product export sector. According to rubber export data, India exports more than Rs. 2000 crore worth of rubber products, including tires. Rubber exports from India are as follows:
Vehicle tyres and tubes
Canvas and rubber shoes.
Bicycle tyres, medicinal goods.
Cots, rubber hoses, and aprons
Belts and Belt Loops
Using Sheets
In fiscal year 2022, around 3.56,000 metric tonnes of natural rubber were exported from India. This represented a significant reduction from the previous fiscal year.
Here are some crucial methods to help you get there:
Explore the Indonesian market for in-demand rubber items with great profit margins. Concentrate on things that are difficult to find in your area or may be sold cheaply while maintaining high quality. Consider import values, importer details, exporter details, and potential export products from India or other countries. To understand Indonesia trade data, visit our website, such as IndonesiaTradeData.com.
Also Read: Strategies for Successful Rubber Export from India
Develop a thorough understanding of Indonesia's rubber import laws. These could include quotas, labeling requirements, and product safety norms. To avoid customs delays or fines, ensure your items conform to all applicable regulations.
Determine whether your rubber objects require any special licenses or certifications. Common criteria include origin certificates and quality control certifications.
Prepare significant documents, including bills of lading, packing lists, invoices, and certificates of origin. Make sure all of the details match the product descriptions and are correct.
Obtain any quality certificates that the Indonesian authorities may need. To verify that your products meet Indonesian standards, trustworthy third-party certification agencies can help.
Traders should collect up-to-date market research, including India's exporter data, Indonesia trade data, and specific HS codes for rubber products. The IndonesiaTradeData platform delivers actual shipment reports, including export values, transportation information, shipment dates, exporter and importer lists, and much more.
Also Read: India-USA Plastic Trade 2023
Work with a respected goods forwarder with experience moving rubber products to Indonesia to ensure reliable logistics and delivery. They can manage air or sea freight, internal transportation, and customs clearance.
Compare the rates and services several shipping companies offer to get the most cost-effective and reliable shipping solution. Try to negotiate a shipping price whenever you can.
Implementing these techniques will allow Indian rubber product exporters to successfully enter the Indonesian market and develop a profitable export firm.
Finally, exporting rubber products from India to Indonesia represents a promising prospect for enterprises seeking to broaden their market reach. Exporters can develop a significant presence in Indonesia's booming rubber product market by researching extensively, maintaining regulatory compliance, and prioritizing product quality and client satisfaction.
With the appropriate approach and attention to detail, exporting rubber products to Indonesia may be a profitable and long-term investment. If you require rubber export data, Indonesia import data, or Indonesia trade data, you can contact IndonesiaTradeData.com and schedule a free live demo!
Based on rubber export data, natural rubber exports to Indonesia were 1.9K, with 30 Indian exporters selling to 30 Indonesian clients.
According to rubber exporter data, India exports the majority of its natural rubber to Indonesia and is second in terms of global exports of natural rubber.
Sumatra and the Kalimantan Islands are home to Indonesia's oldest and principal rubber manufacturing areas.
India exports more than Rs. 2000 crore in rubber products, including tyres. Rubber exports from India include the following:
Tyres and tubes for vehicles, as well as canvas and rubber shoes. Bicycle tyres, medical supplies, and aprons.