Feasibility study for the Indonesian market
Introduction
It is a country located in Southeast Asia and in Oceania, Indonesia, which includes 17508 islands, and a population of about 238 million people, which makes it the fourth largest country in terms of population, as it is the largest Muslim-majority country and the largest Australian country in the world, and is Java On which more than half the population of the country lives, the largest inhabited island in the world
Geographical factors:
Indonesia lies between latitudes 11 ° S and 6 ° N, and longitudes 95 ° and 141 ° E, and it consists of 17,508 islands, 6000 of which are inhabited on both sides of the equator, the largest of which are Java, Sumatra, Borneo (divided with Brunei and Malaysia) and New Guinea (divided with Papua New Guinea), and Sulawesi, is a country of average population density, given that Java Island is the most populated island in the world
Economic factors:
The Indonesian economy is based on the market, and the government plays a big role in its management, as the state owns more than 164 institutions and sets pricing for many basic commodities, including fuel, rice, and electricity. The government, in the wake of the financial and economic crisis that hit the country in mid-1997, took measures It aimed to protect and nurture a large portion of the private sector by purchasing non-performing bank loan assets, corporate assets and debt restructuring
An overview of Indonesia’s exports and imports:
Indonesia’s exports:
Its main exports include oil and gas, power tools, plywood, rubber and textiles
Economic factors:
The German Federal Statistical Office announced a financial surplus of about 45.3 billion euros for the year 2019, which was achieved by the budgets of the federal government, states, localities, and social security, but this surplus also coincided with a contraction of GDP in the second quarter of last year by 0.1%. Compared to the first quarter, in which the strongest economy in Europe grew by 0.4%
Exports from Egypt, Indonesia
No | value in dollars | The product | code |
1 | 50.6 million | Natural calcium phosphate – natural double phosphate from aluminum, calcium, and non-crushed phosphate chalk – natural calcium phosphate – medical phosphate | 251010 |
2 | $ 19.6 million | Fresh or dried dates | 080410 |
3 | 11 million | Natural calcium phosphates, natural double phosphates of aluminum, calcium, and crushed phosphate chalk | 251020 |
4 | 1.7 million dollars | Fresh or dried orange | 080510 |
5 | 1.4 million dollars | Pure olive oil | 150910 |
6 | $ 1.1 million | Ammonia nitrate fertilizer – limestone nitrate fertilizer | 310230 |
7 | 941.1 thousand dollars | Air ducts – truck tires and trucks | 401120 |
8 | 832.8 thousand dollars | Fava Beans (Beans and Horses) | 071350 |
9 | 765.5 thousand dollars | Fresh or frozen potatoes | 070190 |
10 | 699.2 thousand dollars | Honey | 040900 |
11 | 673.6 thousand dollars | Detergent preparations … and if they contain an active laboratory | 340290 |
12 | 632.8 thousand dollars | Connections, elbows and flanges for pipes | 391740 |
13 | 627 thousand dollars | Fresh grapes | 080610 |
14 | 443.2 thousand dollars | Another fresh fruit | 081090 |
15 | 433.3 thousand dollars | Cotton trousers for men is not knitted | 620342 |
Conclusion
With this, we will finish our study today on the Indonesian market, how we benefit from it, and what products the market needs and work on