Global Trade Data , Indonesia trade Data
28-Apr-2025
Key Points
According to Indonesia export data, the top exports from Singapore to Indonesia are Refined Petroleum, Petroleum Coke, and Cyclic Hydrocarbons.
The Singapore export products include petroleum and chemical products, machinery and equipment, oil bunkers, and various manufactured goods.
The main export companies in Singapore are ACTECO HOLDING PTE LTD, CJ International Asia, International Woodchip Corporation, Leong Poh Kee Pte Ltd, and Eximpedia PTE LTD.
One of the most active trading hubs in Southeast Asia is Singapore, and Indonesia, with its largest economy, provides exporters with a profitable market. Significant collaboration exists between Indonesia and Singapore in many different areas, and in 2020, their bilateral trade reached US$48.8 billion (US$36.3 billion). Knowing the correct procedures can help your export journey run smoothly and successfully, regardless of how old your company is.
In this quick guide for 2024-25, we’ll go through the essential steps to start export from Singapore to Indonesia, along with Singapore exporters list, top exports of Singapore, and much more.
To start export from Singapore to Indonesia, you need to obtain market research reports and some mandatory documents. Here are the steps to export from Singapore to Indonesia.
Before exporting, it is important to comprehend Indonesia's market demand:
Identify Hot-Selling Products: Indonesian consumers are particularly fond of electronics, machinery, processed foods, cosmetics, and medical supplies.
Recognize Local Preferences: Quality, affordability, and brand trust are important to Indonesian consumers. Adapt your goods to regional preferences.
Recognize Trade Policies: Indonesia promotes imports while enforcing laws to safeguard domestic businesses. Keep an eye out for any import limitations or exorbitant tariffs on particular items.
Economic Trends: Two major factors influencing the market in 2024–2025 are Indonesia's expanding middle class and rising digital adoption.
According to Singapore export data, Singapore was the 24th largest exporter in the world in 2024, with $333 billion in total exports.
The major exports of Singapore include integrated circuits, refined petroleum, machinery, and vaccines. Leading export destinations include Hong Kong, China, the United States, Malaysia, and South Korea.
In 2023, the main export of Singapore was
Integrated Circuits: $64.2 billion
Refined Petroleum: $55.9 billion
Machinery Having Individual Functions: $18 billion
Vaccines, blood, antisera, toxins, and cultures: $10.9 billion
Gold: $10.1 billion
So, these are the top exports of Singapore. Now analyze the Singapore-Indonesia trade.
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Based on Singapore export data, Singapore exported $18.2 billion to Indonesia in 2023, a 3.68% yearly decline from 2018. Cyclic hydrocarbons, petroleum coke, and refined petroleum were important exports. Mineral fuels, machinery, and electrical and electronic equipment are among Indonesia's top exports to Singapore.
Refined Petroleum: $9.27 billion
Petroleum Coke: $453 million
Cyclic Hydrocarbons: $428 million
As per Indonesia export data, the top export items to Singapore are
Electrical and electronic equipment: $4.93 billion
Mineral fuels, oils, and distillation products: $3.88 billion
Machinery, nuclear reactors, and boilers: $1.52 billion
Traders must find out the active list of Singapore export products. Here is the list of export companies in Singapore:
ACTECO HOLDING PTE LTD
CJ International Asia
International Woodchip Corporation
Leong Poh Kee Pte Ltd
Eximpedia PTE LTD
Bunge Asia
ExxonMobil Asia Pacific
Gunvor Singapore
Singapore Petroleum Company (SPC)
Wilmar International
Thus, these are the export companies in Singapore for 2024. Some of Singapore's leading exporters are Bunge Asia and CJ International Asia.
However, you can visit IndonesiaTradeData at any time to find the statistics on export from Singapore to Indonesia, the Indonesia importers list, Singapore export products, top exports of Singapore, or Singapore export data.
Finding buyers and suppliers from Singapore is a complex task; traders need to gain insights from various platforms.
Attend Trade Shows: Seek out expos such as the Singapore International Trade Fair or Trade Expo Indonesia.
Use Trade Analytics business platforms: IndoensiaTradeData.in, Seair Exim Solutions, and Eximpedia.app are great places to locate top exports of Singapore, Indonesian buyers, or updated Indonesia export data.
Engage in cooperation with trade agencies: The Indonesian Chamber of Commerce (KADIN), Enterprise Singapore, or IE Singapore can provide assistance.
To import in Indonesia, traders need to obtain some necessary documents and licenses.
Accurate and comprehensive documentation is necessary for seamless export operations. What you usually need is as follows:
Commercial Invoice: Lists the products and their values.
Packing List: Details about the packaging and goods.
Bill of Lading/Airway Bill: A Transportation document issued by the carrier.
Certificate of Origin: Proof that goods are produced in Singapore.
Export Permit: Apply through Singapore Customs via TradeNet if needed.
Import License (for Indonesian buyers): Some products may require specific import licenses
Both Singapore and Indonesia have strict export-import regulations.
Singapore: Ensure that your products are not on the Strategic Goods Control List unless you have a license.
Indonesia: Certain goods like food, cosmetics, pharmaceuticals, and electronics must meet Indonesian standards (SNI Certification).
Labeling Requirements: Products, especially food and cosmetics, must have labels in Bahasa Indonesia.
Efficient logistics are vital for timely delivery and cost control:
Choose the Right Mode: Sea freight is economical for bulk, while air freight is faster for high-value items.
Select Reliable Freight Forwarders: Companies like DHL, DB Schenker, and Maersk have strong Singapore-Indonesia routes.
Customs Clearance: Hire a professional customs broker to handle Indonesian import documentation.
Insurance: Always get cargo insurance to protect against loss or damage during transit.
Your work doesn't end after shipping the goods:
Payment Collection: Ensure payment terms (LC, TT, Open Account) are honored. Use escrow services if necessary.
After-Sales Service: Provide support if needed, especially for electronics or machinery.
Feedback Collection: Understand your buyer's satisfaction level and areas for improvement.
Record Keeping: Maintain thorough records for audits, future references, and GST claims if applicable.
So, export from Singapore to Indonesia in 2024-25 is a promising opportunity, provided you follow the correct steps. From understanding market demands to compliance, logistics, and post-sales support, every step matters. Your export business can expand smoothly and profitably if you plan and establish solid local relationships.
However, if you need any kind of assistance regarding export from Singapore to Indonesia statistics, top export goods from Singapore, Indonesia export data, or need Import export trade data of Indonesia, connect with our platform today and schedule a free live demo!
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As per Singapore export data, the top Singapore exports are Integrated Circuits, Refined Petroleum, Machinery and Vaccines.
Singapore's biggest export is electrical and electronic equipment, with an export value of $161.70 billion.
Based on Singapore exporters' data, the top three Singapore exporters are CJ International Asia, Bunge Asia, and Eximpedia PTE LTD.
Singapore's major export categories include electrical and electronic equipment, machinery, mineral fuels (including petroleum), and optical, photographic, and medical instruments.
The most imported products from Singapore to Indonesia include mineral fuels, oils, and distillation products, specifically refined petroleum and petroleum coke.
