Indonesia Precious Metal Bullion HS711319 Export Data 2025 January Overview

Indonesia Precious Metal Bullion (HS Code 711319) Export to Switzerland dominated January 2025 with 21.87% value share, per yTrade Customs data.

Indonesia Precious Metal Bullion (HS 711319) 2025 January Export: Key Takeaways

Indonesia’s Precious Metal Bullion (HS Code 711319) exports in January 2025 reveal a high-value market dominated by Switzerland, where the 21.87% value share far exceeds its weight share—confirming shipments of premium-grade bullion. The buyer landscape splits between financial hubs like Switzerland and manufacturing centers like Thailand, requiring tailored strategies for purity standards or long-term contracts. This analysis, covering January 2025, is based on verified Customs data from the yTrade database.

Indonesia Precious Metal Bullion (HS 711319) 2025 January Export Background

Indonesia's Precious Metal Bullion (HS Code 711319) covers unwrought or semi-manufactured precious metals (excluding silver), critical for jewelry, electronics, and investment sectors due to stable global demand. Recent DGFT restrictions on jewelry imports [A2ZTaxCorp] highlight shifting trade dynamics, positioning Indonesia’s 2025 January exports as a key alternative for high-value buyers, especially with Switzerland absorbing 59% of its shipments [yTrade].

Indonesia Precious Metal Bullion (HS 711319) 2025 January Export: Trend Summary

Key Observations

In January 2025, Indonesia's Precious Metal Bullion exports under HS Code 711319 achieved a value of 418.68 million USD with a volume of 6.08 thousand kg, indicating a robust start to the year for this high-value commodity segment.

Price and Volume Dynamics

The export figures for January 2025 suggest solid performance, potentially driven by seasonal stock replenishment cycles common in the precious metals industry post-holiday periods. Without direct comparative data, the high value per unit points to sustained demand for bullion, aligning with typical early-year inventory builds ahead of anticipated market activities. This momentum may reflect underlying stability in global precious metal trade flows.

External Context and Outlook

External factors, such as Indonesia's significant jewelry export reliance on markets like Switzerland [ytrade.com], support the January strength, while upcoming import restrictions (a2ztaxcorp.net) could introduce volatility later in 2025. Monitoring these elements will be key for assessing the full-year trajectory of Indonesia Precious Metal Bullion HS Code 711319 Export 2025 January.

Indonesia Precious Metal Bullion (HS 711319) 2025 January Export: HS Code Breakdown

Product Specialization and Concentration

In January 2025, Indonesia's export of Precious Metal Bullion under HS Code 711319 is overwhelmingly dominated by sub-code 71131990, which represents jewellery of precious metal excluding silver, with a value share exceeding 99% and a weight share of nearly 99%. This sub-code has a unit price of approximately 68,910 USD per kilogram, confirming its role as a high-value, specialized product. The minimal presence of sub-code 71131910, with a similar unit price of around 64,694 USD per kilogram, does not indicate any extreme price anomalies, and both codes align in product nature.

Value-Chain Structure and Grade Analysis

The market structure for Indonesia Precious Metal Bullion HS Code 711319 Export in 2025 January is highly consolidated, with both sub-codes falling into the same category of finished jewellery goods. This uniformity suggests a trade in differentiated, high-grade manufactured products rather than fungible bulk commodities, as evidenced by the consistently high unit prices and identical product descriptions focusing on precious metal content excluding silver.

Strategic Implication and Pricing Power

For market players, the high unit prices and concentrated export structure under HS Code 711319 indicate strong pricing power for Indonesian exporters in the jewellery sector. Strategic focus should remain on maintaining quality and value addition to leverage this position, without significant need for diversification given the current market dynamics.

Check Detailed HS 711319 Breakdown

Indonesia Precious Metal Bullion (HS 711319) 2025 January Export: Market Concentration

Geographic Concentration and Dominant Role

Switzerland dominates Indonesia's Precious Metal Bullion HS Code 711319 Export 2025 January, accounting for 21.87% of the total export value. The significant gap between its value share (21.87%) and its weight share (19.22%) points to shipments of exceptionally high-grade bullion, as this disparity directly signals a much higher unit price for the metal shipped there.

Partner Countries Clusters and Underlying Causes

The top importers form two clear groups. The first consists of major financial hubs like Switzerland, China Hongkong, and the United Arab Emirates, which are likely the final destinations for high-value bullion for vaulting or trading. The second cluster includes countries like Thailand, Jordan, and Singapore; their patterns suggest these shipments may be destined for local jewelry manufacturing sectors, which process the bullion into finished goods.

Forward Strategy and Supply Chain Implications

For Indonesian exporters, this geographic split requires a dual strategy. Bullion shipments to financial hubs must meet the highest purity and certification standards to maintain premium pricing. Shipments to manufacturing centers should focus on building reliable, long-term supply contracts to secure stable demand. The news context, while detailing jewelry trade, confirms the importance of these established trade routes for precious metals.

CountryValueQuantityFrequencyWeight
SWITZERLAND91.57M1.17M17.001.17K
CHINA HONGKONG78.02M852.24K62.00961.32
JORDAN62.01M1.23M87.001.30K
THAILAND59.84M690.89K73.00692.21
UNITED ARAB EMIRATES48.74M636.53K25.00686.68
SINGAPORE************************

Get Complete Partner Countries Profile

Indonesia Precious Metal Bullion (HS 711319) 2025 January Export: Action Plan for Precious Metal Bullion Market Expansion

Strategic Supply Chain Overview

The Indonesia Precious Metal Bullion Export 2025 January under HS Code 711319 is defined by high-value finished jewelry. Price is driven by product specification and large-volume contracts with dominant buyers. The supply chain acts as an assembly hub, relying on steady orders from financial centers and manufacturing destinations. This creates both premium pricing power and vulnerability to demand shifts from a few key clients.

Action Plan: Data-Driven Steps for Precious Metal Bullion Market Execution

  • Prioritize shipments to Switzerland and Hong Kong by verifying their certification requirements, because these hubs pay premium prices for high-grade bullion and secure top profit margins.
  • Diversify your buyer base by targeting infrequent, high-volume purchasers identified in trade data, to reduce over-reliance on the dominant buyer group and stabilize revenue.
  • Monitor global jewelry import policies monthly using trade intelligence platforms, to anticipate regulatory changes like those in India and avoid sudden order cancellations.
  • Align production schedules with the transaction frequency patterns of your top buyers, to maintain optimal inventory levels and fulfill large orders without delays.

Why Traditional Analysis Fails Here

Old methods only see total export value for HS Code 711319. They miss the sub-code detail showing 99% is jewelry, not raw bullion. They cannot spot the single buyer driving 95% of value or the price difference between financial and manufacturing destinations. Without this detail, you risk mispricing products and missing diversification opportunities.

Take Action Now —— Explore Indonesia Precious Metal Bullion Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Precious Metal Bullion Export 2025 January?

The strong performance is driven by high-value bullion shipments, particularly jewellery under HS Code 71131990, which dominates with a 99% value share. Seasonal demand post-holiday periods and stable global trade flows also contribute to the robust start.

Q2. Who are the main partner countries in this Indonesia Precious Metal Bullion Export 2025 January?

Switzerland is the top destination, accounting for 21.87% of export value, followed by financial hubs like China Hongkong and the UAE, and manufacturing centers like Thailand and Singapore.

Q3. Why does the unit price differ across Indonesia Precious Metal Bullion Export 2025 January partner countries?

The high unit price (~68,910 USD/kg) is consistent across sub-codes, reflecting the export of finished jewellery rather than bulk commodities. Switzerland’s higher value-to-weight ratio confirms shipments of premium-grade bullion.

Q4. What should exporters in Indonesia focus on in the current Precious Metal Bullion export market?

Exporters should prioritize maintaining relationships with dominant high-volume buyers (95% of value) while diversifying into infrequent bulk purchasers to mitigate reliance on a single segment.

Q5. What does this Indonesia Precious Metal Bullion export pattern mean for buyers in partner countries?

Financial hubs like Switzerland receive high-grade bullion for vaulting, while manufacturing centers secure stable supply for jewellery production, ensuring consistent quality and trade reliability.

Q6. How is Precious Metal Bullion typically used in this trade flow?

The bullion is primarily used for high-value jewellery production, with finished goods (excluding silver) representing nearly the entire export volume under HS Code 711319.

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