Indonesia Precious Metals HS711319 Export Data 2025 January Overview

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

Indonesia's Precious Metals Export (HS Code 711319) in January 2025 reveals a high-value jewelry market, dominated by Switzerland as the top buyer with a 21.87% share, signaling strong demand for premium finished products. The export structure shows concentrated buyer risk, with Switzerland and China Hongkong forming a luxury cluster, while the U.S. handles bulk distribution. Market trends indicate stable high-value demand, with regional hubs like Jordan offering diversification potential. This analysis, covering January 2025, is based on cleanly processed Customs data from the yTrade database.

Indonesia Precious Metals (HS 711319) 2025 January Export Background

Indonesia Precious Metals (HS Code 711319) covers unwrought or semi-manufactured gold, platinum, and other precious metals, excluding silver, which are critical for jewelry, electronics, and investment sectors due to their high value and stable global demand. While Indonesia’s exports under this code remain active—with Switzerland absorbing 62.82% of shipments in early 2025 [yTrade]—India’s recent import restrictions on jewelry until April 2026 [A2ZTaxCorp] could reshape trade flows. Indonesia’s role as a key exporter in January 2025 hinges on its ability to adapt to such regional shifts while meeting global demand.

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

Key Observations

In January 2025, Indonesia's export of precious metals under HS code 711319 reached USD 418.68 million in value with a volume of 6.08 thousand kg, marking a solid opening month for the year.

Price and Volume Dynamics

The high value-to-volume ratio is characteristic of precious jewelry exports, such as gold and platinum items, which often see elevated activity early in the year due to post-holiday restocking and seasonal demand cycles. This performance suggests sustained momentum, though specific quarterly or annual comparisons are not highlighted in the available data.

External Context and Outlook

India's import restrictions on jewelry until April 2026 [a2ztaxcorp.net] could dampen trade flows to a key market, but Indonesia's strong export ties with Switzerland, which accounted for over 60% of value in early 2025 (ytrade.com), help mitigate risks. Broader trade growth with India (exportgenius.in) may support diversification, keeping the outlook for Indonesia Precious Metals HS Code 711319 Export 2025 January cautiously optimistic.

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

Product Specialization and Concentration

In January 2025, Indonesia's Precious Metals HS Code 711319 Export is overwhelmingly dominated by sub-code 71131990, which covers jewelry of precious metal other than silver, accounting for over 99% of both export value and weight. This sub-code has a unit price of approximately 69,000 USD per kilogram, indicating a highly specialized, high-value product focus without any extreme price anomalies in the data set.

Value-Chain Structure and Grade Analysis

The export structure under HS Code 711319 consists primarily of finished jewelry products, with both sub-codes representing similar high-value items, suggesting a market for differentiated manufactured goods rather than fungible commodities. The minor sub-code 71131910, with a slightly lower unit price near 65,000 USD per kilogram, may indicate variations in quality or design, but overall, the trade is centered on premium, finished jewelry without significant raw or semi-finished components.

Strategic Implication and Pricing Power

Indonesia holds strong pricing power in this niche due to the high-value nature of its jewelry exports, allowing for premium positioning in key markets like Switzerland, as noted by GJEPC. However, India's import restrictions [A2ZTaxCorp] could limit access to that market, urging exporters to diversify focus towards less restrictive regions to sustain growth.

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

Geographic Concentration and Dominant Role

In January 2025, Indonesia's Precious Metals HS Code 711319 export was heavily concentrated, with Switzerland as the dominant buyer, accounting for 21.87% of the total export value. The value ratio (21.87) exceeds the weight ratio (19.22), indicating a high unit price of approximately 78,265 USD per kg, which points to premium, finished jewelry products rather than raw materials.

Partner Countries Clusters and Underlying Causes

The top partners form three clusters: first, Switzerland and China Hongkong, with high value shares and unit prices, likely serving as hubs for luxury markets due to their financial centers and demand for high-end goods. Second, Jordan, Thailand, and the United Arab Emirates, with moderate value and weight, probably act as regional distribution points for mid-range products. Third, the United States, with the highest frequency but low value and weight, suggests a role in bulk or lower-grade item distribution, possibly for mass retail.

Forward Strategy and Supply Chain Implications

Exporters should prioritize high-value markets like Switzerland, where demand for premium jewelry is strong, as indicated by trade data [ytrade.com]. Supply chains must ensure quality control for luxury segments while monitoring policy changes, such as India's import restrictions on jewelry, which could indirectly affect regional trade flows (a2ztaxcorp.net). Diversifying into stable clusters like Jordan or Thailand can mitigate risks and capture growth in emerging markets.

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

Strategic Supply Chain Overview

Indonesia Precious Metals Export 2025 January under HS Code 711319 is defined by high-value finished jewelry. Price is driven by product specification and premium branding, not raw material costs. Major OEM contracts with bulk buyers in Switzerland set market rates. Supply chains must prioritize quality assembly and secure logistics for luxury goods. Heavy reliance on few buyers and hubs like Switzerland creates vulnerability to demand shifts or policy changes, such as India’s import restrictions.

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

• Use buyer frequency data to schedule production around bulk orders. This prevents overstock and aligns with high-volume buyer cycles.
• Analyze Swiss import patterns to forecast premium product demand. This ensures inventory matches high-value market needs.
• Diversify export destinations using trade flow data to target stable hubs like Jordan. This reduces dependency on single markets.
• Monitor policy updates in real-time, especially from India, to adjust trade routes. This avoids disruptions from sudden regulatory changes.
• Leverage HS Code 711319 detail to track unit price trends by partner. This maintains premium positioning and maximizes margin.

Take Action Now —— Explore Indonesia Precious Metals Export Data

Frequently Asked Questions

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

The strong export performance is driven by high-value jewelry products, particularly under sub-code 71131990, which dominates the trade. Seasonal demand and post-holiday restocking also contribute to the momentum, though India’s import restrictions may impact indirect trade flows.

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

Switzerland is the top buyer, accounting for 21.87% of export value, followed by China Hongkong, Jordan, Thailand, and the UAE. These markets reflect a mix of luxury demand and regional distribution roles.

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

The price difference stems from the dominance of high-value finished jewelry (71131990), with Switzerland paying a premium (78,265 USD/kg) compared to other markets, reflecting its luxury segment focus.

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

Exporters must prioritize relationships with dominant bulk buyers, who drive 94.94% of trade value, while diversifying into stable markets like Jordan or Thailand to mitigate risks from concentrated demand.

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

Buyers in high-value markets like Switzerland can expect premium jewelry products, while those in secondary hubs (e.g., UAE) may access mid-range goods. The market’s bulk-buyer dominance ensures consistent supply but limits flexibility for small orders.

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

The exports consist almost entirely of finished jewelry, particularly gold and platinum items, with no significant raw or semi-finished components, indicating a focus on high-end manufactured goods.