Indonesia Precious Metal Jewelry HS7113 Export Data 2025 Q1 Overview

Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export: Key Takeaways

Indonesia’s Precious Metal Jewelry (HS Code 7113) export in 2025 Q1 reveals a high-value product structure, with Switzerland dominating as the top importer—accounting for 25.39% of export value—due to its preference for premium finished jewelry. The market shows strong geographic concentration, with Switzerland, UAE, and Hong Kong forming a high-value cluster, while the US imports bulk, lower-value items. Buyer behavior is highly concentrated, increasing dependency risks, but regulatory updates like Indonesia’s Permendag 8 and 9 of 2025 demand compliance focus. This analysis is based on cleanly processed Customs data from the yTrade database for 2025 Q1.

Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export Background

Indonesia's Precious Metal Jewelry (HS Code 7113), covering articles of jewelry and parts made of precious metals or metal clad with precious metal, serves key luxury and retail sectors globally due to its enduring demand. The country's export policies saw major updates in Q1 2025 under Permendag 8/2025 and 9/2025, tightening controls and streamlining licensing via the Indonesia National Single Window System (SINSW) [Permitindo]. As a leading exporter, Indonesia's strategic role in this trade flow is reinforced by these regulatory shifts, ensuring compliance while maintaining market access.

Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export: Trend Summary

Key Observations

Indonesia Precious Metal Jewelry HS Code 7113 Export 2025 Q1 exhibited sharp unit price volatility, with a peak of $46,352.56 per kg in February—a 30.5% month-over-month increase from January—amid a consistent decline in export volumes.

Price and Volume Dynamics

Unit prices surged in February before retreating in March, while volumes fell from 12.45K kg to 8.93K kg quarter-to-date, a 28.3% drop. This trend aligns with typical Q1 industry cycles, where post-holiday demand often softens, and exporters may draw down inventories rather than initiate new production runs, exacerbating price swings against lower shipment levels.

External Context and Outlook

The observed volatility coincides with Indonesia's implementation of Permendag 8 and 9 of 2025 [Permitindo], which introduced stricter export licensing and customs procedures (Permitindo). These changes likely disrupted trade flows early in the quarter, and ongoing adjustments to the new framework could sustain uncertainty around HS Code 7113 exports through mid-2025.

Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q1, Indonesia's Precious Metal Jewelry exports under HS Code 7113 were heavily concentrated in high-value items, with jewelry made from precious metals excluding silver dominating the trade. This sub-code, accounting for over 90% of the export value, has a unit price of 71,600 USD per kilogram, indicating a focus on premium, specialized products. A minor sub-code for base metal clad jewelry showed negligible activity and is isolated from the main analysis.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes fall into two clear categories based on material and value: high-grade silver jewelry with a unit price around 5,900 USD per kilogram, and lower-grade silver items at approximately 1,100 USD per kilogram. Another sub-code for non-silver precious metal jewelry aligns with the high-value segment at 81,600 USD per kilogram. This structure points to trade in differentiated manufactured goods with varying quality grades, rather than fungible bulk commodities.

Strategic Implication and Pricing Power

Exporters of Indonesia Precious Metal Jewelry under HS Code 7113 hold strong pricing power due to the high-value nature of their products, but must navigate new regulatory changes. Recent policies like Permendag 9/2025 introduced stricter export licensing and compliance requirements [Permitindo], emphasizing the need for focused adaptation to maintain market access in 2025 Q1.

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Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

Indonesia's Precious Metal Jewelry HS Code 7113 Export in 2025 Q1 is heavily concentrated, with Switzerland as the dominant importer, accounting for 25.39% of the total export value. Switzerland's value share is more than double its weight share (12.07%), indicating a strong preference for high-grade, finished jewelry with high unit value per kilogram. This disparity suggests that Swiss imports are focused on premium products rather than raw materials.

Partner Countries Clusters and Underlying Causes

The top importers form three clear clusters. First, Switzerland, UAE, and Hong Kong import high-value jewelry, likely due to their roles as luxury markets and financial hubs. Second, Thailand and Jordan show balanced value and weight ratios, possibly acting as regional distribution centers or having specific cultural demand. Third, the United States has a high weight share but low value share, indicating bulk imports of lower-value items, perhaps for mass retail.

Forward Strategy and Supply Chain Implications

For high-value markets like Switzerland, Indonesian exporters should prioritize quality craftsmanship and branding to maintain premium positioning. For bulk importers like the US, focus on cost efficiency and volume production. Recent regulatory changes, such as Indonesia's Permendag 8 and 9 of 2025 [Permitindo], require enhanced compliance and documentation through systems like SINSW, so exporters must adapt quickly to avoid disruptions. (Permitindo)

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Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export: Buyer Cluster

Buyer Market Concentration and Dominance

The Indonesia Precious Metal Jewelry Export market in 2025 Q1, under HS Code 7113, shows strong concentration in one of the four segments of buyers. Buyers with high order values and high purchase frequency dominate, accounting for 66% of the total export value. This segment handles the majority of transactions with substantial per-shipment values, defining the market as high-volume and high-value driven.

Strategic Buyer Clusters and Trade Role

The other buyer groups play specific roles. Buyers with high value but low frequency likely represent large, infrequent orders from luxury retailers or bulk purchasers, contributing significantly to value. Those with low value and high frequency probably consist of small, frequent buyers like local shops, adding to transaction volume but little value. The low value and low frequency group includes occasional, minor buyers, possibly testing the market or making niche purchases.

Sales Strategy and Vulnerability

Exporters should focus on maintaining relationships with the dominant high-value, high-frequency buyers to secure revenue, but this reliance creates vulnerability to demand shifts. Diversifying into other segments can mitigate risk. The sales model must support efficient processing of frequent orders. Recent regulatory changes, such as those in Permendag 9/2025 which introduced stricter export controls and licensing via the Indonesia National Single Window System [Permitindo], require exporters to adapt compliance procedures to avoid disruptions (Permitindo).

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Indonesia Precious Metal Jewelry (HS 7113) 2025 Q1 Export: Action Plan for Precious Metal Jewelry Market Expansion

Strategic Supply Chain Overview

Indonesia Precious Metal Jewelry Export 2025 Q1 under HS Code 7113 operates as a high-value manufactured goods market. Price is driven by product specification (premium craftsmanship and material grade) and OEM/contract volume from dominant high-value buyers. The supply chain implication is an assembly hub role, requiring strong technology and branding to maintain premium positioning in key markets like Switzerland, while managing bulk production for partners like the US. Exporters must adapt to new compliance rules under Permendag 9/2025 to secure market access.

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

• Use shipment data to segment buyers by value and frequency, focusing service resources on high-value/high-frequency clients to protect core revenue streams. This prevents customer attrition and stabilizes cash flow.
• Analyze product-grade demand by destination, aligning production of high-value items (e.g., non-silver jewelry) for markets like Switzerland and mass items for the US. This maximizes margin per market segment.
• Implement automated compliance checks via Indonesia's National Single Window (SINSW) for all export documents to avoid delays under new Permendag rules. This ensures uninterrupted shipments and avoids penalties.
• Diversify buyer portfolio by targeting occasional purchasers with tailored offers, reducing over-reliance on top clients. This mitigates risk from demand shifts in a concentrated market.

Risk Mitigation and Forward Strategy

Indonesia's export success depends on navigating regulatory changes and buyer concentration. Focus on premium branding for high-value markets and cost efficiency for volume buyers. Monitor policy updates like Permendag 9/2025 to pre-empt compliance issues. Diversify geographically to reduce vulnerability to single-market demand drops.

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

Frequently Asked Questions

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

The changes are driven by sharp price volatility (peaking at $46,352.56/kg in February) and a 28.3% volume drop, compounded by new export regulations requiring stricter licensing and compliance procedures.

Q2. Who are the main partner countries in this Indonesia Precious Metal Jewelry Export 2025 Q1?

Switzerland dominates with 25.39% of export value, followed by the UAE and Hong Kong as high-value luxury markets, while the US imports bulk lower-value items.

Q3. Why does the unit price differ across Indonesia Precious Metal Jewelry Export 2025 Q1 partner countries?

Prices vary due to product specialization: Switzerland imports high-grade jewelry (avg. $71,600/kg), while the US focuses on lower-grade silver items (avg. $1,100/kg).

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

Exporters must prioritize relationships with high-value, high-frequency buyers (66% of revenue) and adapt to new regulations to maintain premium market access.

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

Buyers in Switzerland/UAE can expect premium craftsmanship, while US buyers benefit from cost-efficient bulk options, though all face potential regulatory delays.

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

The trade focuses on differentiated manufactured goods, primarily high-end jewelry for luxury markets and lower-grade items for mass retail distribution.

Q7. What is yTrade?

yTrade is a global trade data platform that provides SaaS and API access to provide accurate, structured, and searchable import-export trade data for international business decisions. It enables users to access verified shipment records, analyse buyer and supplier activity, review company trade overviews, assess compliance risks, and monitor real market demand — all from a single, scalable system.

Q8. How can yTrade benefit my business?

yTrade helps businesses:

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Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

• Global shipment search by HS code, product, company name, port, or country
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