Indonesia Precious Metals HS711319 Export Data 2025 August Overview

Indonesia Precious Metals (HS 711319) 2025 August Export: Key Takeaways

Indonesia's Precious Metals export under HS Code 711319 in August 2025 reveals Switzerland as the dominant buyer, capturing 60% of export value but only half the weight—highlighting premium, high-value jewelry shipments. The market shows strong geographic clustering, with luxury hubs like Switzerland and the UAE demanding quality, while volume-driven buyers like the U.S. prioritize scale. This analysis, covering August 2025, is based on cleanly processed Customs data from the yTrade database.

Indonesia Precious Metals (HS 711319) 2025 August Export Background

Indonesia's Precious Metals (HS Code 711319) exports cover unwrought or semi-manufactured forms of gold, platinum, and other non-silver metals, crucial for global jewelry and electronics industries due to their high value and durability. Recent Indian import restrictions on jewelry until April 2026 [A2ZTaxCorp] could shift demand toward Indonesia, a key supplier with competitive mining output. As of August 2025, Indonesia’s role in meeting global precious metal demand remains vital, especially for manufacturers avoiding trade barriers.

Indonesia Precious Metals (HS 711319) 2025 August Export: Trend Summary

Key Observations

In August 2025, Indonesia's Precious Metals exports under HS Code 711319 totaled 730.15 million USD with a volume of 7.69 thousand kg, marking a notable decline from the previous month's performance.

Price and Volume Dynamics

The 2025 monthly data reveals sharp fluctuations, with August's value dropping by approximately 25% from July's peak of 984.29 million USD. This volatility aligns with typical seasonal patterns in the jewellery industry, where demand often surges ahead of major festivals or holidays, leading to inventory build-up in months like May and July, followed by corrections. The overall trend suggests a cyclical nature driven by stock replenishment cycles rather than sustained growth.

External Context and Outlook

India's Directorate General of Foreign Trade (DGFT) imposed immediate import restrictions on jewellery until April 2026 [DGFT], which could disrupt global trade routes and affect Indonesian exports by reducing demand or shifting market dynamics. This policy change may introduce additional uncertainty for Indonesia Precious Metals HS Code 711319 Export in 2025 August and beyond, warranting close monitoring of trade adjustments.

Indonesia Precious Metals (HS 711319) 2025 August Export: HS Code Breakdown

Product Specialization and Concentration

In August 2025, Indonesia's export of Precious Metals under HS Code 711319 is dominated by a single sub-code, Jewellery of precious metal excluding silver, which accounts for over 95% of the value and weight. This sub-code has a unit price of approximately 97,700 USD per kilogram, significantly higher than the other sub-code at around 57,400 USD per kilogram, indicating a strong specialization in high-value products.

Value-Chain Structure and Grade Analysis

The export structure consists of two main groups based on unit price: high-value jewellery and a lower-value variant, both under the same product description. This suggests a trade in differentiated manufactured goods with varying quality grades, rather than fungible bulk commodities linked to indices. The presence of only two sub-codes points to a streamlined product range focused on finished jewellery items.

Strategic Implication and Pricing Power

For Indonesia Precious Metals HS Code 711319 Export in 2025 August, the high unit prices and concentration in value-added jewellery imply strong pricing power for exporters, allowing them to target premium markets. Strategic focus should remain on maintaining quality and differentiation to sustain this advantage, with no major policy changes from the news context affecting Indonesia directly.

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Indonesia Precious Metals (HS 711319) 2025 August Export: Market Concentration

Geographic Concentration and Dominant Role

In August 2025, Indonesia's export of Precious Metals under HS Code 711319 shows strong concentration, with Switzerland as the dominant buyer, accounting for 60.16% of the value but only 50.57% of the weight, indicating a high unit price of approximately 113,000 USD per kilogram and suggesting premium, value-added jewelry products. This disparity points to Switzerland's role in sourcing high-grade finished goods rather than raw materials.

Partner Countries Clusters and Underlying Causes

The top partners form two clear clusters: first, high-value destinations like Switzerland, UAE, and Singapore, which likely serve as hubs for luxury markets due to their financial centers and affluent consumers; second, high-frequency but lower-value buyers such as the United States and Thailand, which may focus on volume-based distribution or re-export activities, reflecting diverse market demands for jewelry.

Forward Strategy and Supply Chain Implications

For Indonesian exporters, this geographic spread implies a need to maintain quality for premium markets like Switzerland while optimizing logistics for high-volume partners. Supply chains should prioritize reliable shipping to avoid disruptions, especially as global trade policies evolve, such as India's recent import restrictions on jewelry [GJEPC], which could indirectly affect regional dynamics.

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Indonesia Precious Metals (HS 711319) 2025 August Export: Action Plan for Precious Metals Market Expansion

Strategic Supply Chain Overview

Indonesia Precious Metals Export 2025 August under HS Code 711319 is a high-value finished jewelry trade. Price is driven by product quality and large buyer contracts. The market depends on a few key buyers in premium hubs like Switzerland. This creates pricing power but also high dependence risk. Supply chains must ensure reliable delivery to maintain trust with these dominant partners. Indonesia acts as an assembly hub for quality jewelry, not a raw material supplier.

Action Plan: Data-Driven Steps for Precious Metals Market Execution

• Monitor dominant buyer order patterns monthly to anticipate demand spikes and avoid production delays. This prevents revenue loss from stock shortages.
• Diversify into high-value low-frequency buyer segments by analyzing trade data for new bulk-order clients. This reduces over-reliance on a few key buyers.
• Optimize logistics for high-volume partners like the US using shipping frequency data to negotiate better freight rates. This cuts supply chain costs for volume shipments.
• Track global policy changes affecting jewelry imports to adjust sales strategy quickly. This avoids sudden demand drops from regulatory shifts.
• Tailor product grades for premium vs volume markets using unit price data from different destinations. This maximizes margin by matching product to buyer willingness to pay.

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Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Precious Metals Export 2025 August?

The 25% drop in August 2025 export value reflects cyclical demand patterns in the jewellery industry, likely tied to post-festival inventory corrections. India’s new import restrictions on jewellery may further disrupt trade flows.

Q2. Who are the main partner countries in this Indonesia Precious Metals Export 2025 August?

Switzerland dominates with 60.16% of export value, followed by the UAE and Singapore as high-value hubs, while the US and Thailand represent high-frequency but lower-value buyers.

Q3. Why does the unit price differ across Indonesia Precious Metals Export 2025 August partner countries?

The gap stems from Indonesia’s specialization in high-value jewellery (97,700 USD/kg), primarily shipped to Switzerland, versus lower-grade variants (57,400 USD/kg) sent to other markets.

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

Exporters must prioritize relationships with dominant high-value buyers (85.19% of revenue) while diversifying into occasional bulk purchasers to mitigate over-dependence risks.

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

Swiss buyers secure premium jewellery at 113,000 USD/kg, while US/Thai buyers access smaller, frequent shipments suited for volume distribution or re-export.

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

Over 95% of exports are finished jewellery items, indicating a focus on value-added manufacturing rather than raw material trade.