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Posts Tagged ‘indonesian businessman’

Most of Indonesia’s import export businesses choose to do business with Chinese businessmen. That is, this time China became the main destination of international trade from Indonesia. “As many as 51 percent of the perpetrators of Indonesia’s import export businesses claim to have import-export business with China,” said Vincent Sugianto, Head of Trade and Supply Cain HSBC Indonesia in Jakarta, Tuesday (4 / 5).

The statement revealed in HSBC Trade Confidence Monitor survey that measures the level of optimism of the international traffickers conducted throughout the month. In addition, HSBC also measured the participants’ views on the growth of global trade import export business selaam next six months.

The survey was conducted to 5120 entrepreneurs in 17 countries. While in Indonesia, HSBC survey conducted on 300 entrepreneurs. The businesses surveyed have a turnover of USD 2.5 billion up to Rp 1 trillion. HSBC survey results outlined in the form of an index from 0 to 200. Figures for the highest score of 200 represents a degree of optimism, while the 100 is a neutral figure.

Apart from Chinese, Indonesian perpetrators as well as more business with Southeast Asian entrepreneurs. Based on the survey, 40 percent of Indonesian businessmen have trade ties with businessmen in Southeast Asia. As many as 25 percent of businesses still prefer the United States and Canada as the country’s main export destination. Meanwhile, other trading destinations are Western Europe outside the UK and other Asian countries.

Head of Research and Development of the Ministry of Commerce, Muchtar, reveals the importance of the spread of export destinations of Indonesia. ‘So that does not depend to a certain destination countries, “he said. So, a big economy will not be affected if there is turbulence in the main export destination market.

Data based on the Ministry of Commerce, has been movement in Indonesia’s export destination markets from traditional country to non-traditional countries. In the period from January to March 2005, exports of non oil and gas Indonesia addressed to the five major countries, namely United States, Japan, Singapore, China, and Malaysia. Share in the five major export destination countries reached 51 percent of non-oil exports. In 2010 the five main countries that share fell to 48 percent.

This shows there has been diversification of the market. The government hopes that the export share in the five main markets continued to decline up to 43-47 percent during the period 2010-2014. Meanwhile, at this time India and South Korea are also viewed as a potential market. Indonesia’s export market share in India and South Korea have increased respectively to 7 percent and 6 percent.