Indonesia Precious Metals HS711319 Export Data 2025 May Overview

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

Indonesia’s Precious Metals (HS Code 711319) exports in May 2025 reveal a high-grade, finished jewelry trade dominated by Switzerland, which accounts for 63.37% of shipments at premium prices exceeding $100,000/kg. The market shows stability, with Swiss demand anchoring high margins while regional hubs like Singapore and the UAE facilitate broader distribution. Buyer concentration is high in Switzerland but balanced by a long tail of niche buyers in the US, Italy, and Japan. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database. Exporters should prioritize protecting Swiss trade while leveraging regional hubs to expand reach. Supply chains must remain optimized for high-value, low-weight logistics to sustain premium positioning.

Indonesia Precious Metals (HS 711319) 2025 May Export Background

Indonesia's Precious Metals (HS Code 711319) exports cover unwrought or semi-manufactured metals like gold and platinum, vital for jewelry, electronics, and industrial applications due to their durability and conductivity. While no new export restrictions were reported in May 2025 [Global Trade Alert], Indonesia remains a key supplier, leveraging its mineral-rich reserves to meet global demand. The country's strategic role in the 2025 trade flow stems from its stable production and competitive pricing, reinforcing its position in the precious metals market.

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

Key Observations

Indonesia Precious Metals HS Code 711319 Export 2025 May surged to $926.05M in value and 9.58K kg in volume, marking a dramatic monthly rebound from April’s $256.75M and 2.95K kg.

Price and Volume Dynamics

The May spike reflects both robust quarter-over-quarter growth and a sharp reversal from April’s low, typical of jewelry industry cycles where post-holiday lulls are often followed by restocking demand. This surge aligns with seasonal buying patterns ahead of regional festivals and year-end retail preparations, though the scale of the rebound suggests additional external catalysts influenced trade flows beyond mere cyclicality.

External Context and Outlook

The rally coincides with India’s Directorate General of Foreign Trade imposing immediate import restrictions on jewelry and parts [A2ZTaxCorp] until April 2026, likely diverting global demand toward alternative exporters like Indonesia. With India being a major jewelry producer [GJEPC], this policy shift may sustain higher export volumes for Indonesian precious metals in the near term, though currency fluctuations and gold price volatility remain watchpoints.

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

Product Specialization and Concentration

In May 2025, Indonesia's export of precious metals under HS Code 711319 is heavily concentrated in high-value jewelry, with sub-code 71131990 dominating at over 94% of both value and weight. This sub-code, describing jewelry of precious metal excluding silver, has a unit price of approximately 96,550 USD per kilogram, indicating a focus on premium, finished goods. The analysis for May 2025 shows no extreme price anomalies, as the only other sub-code (71131910) has a similar unit price near 97,903 USD per kilogram, reinforcing consistent high-value specialization.

Value-Chain Structure and Grade Analysis

The export structure for Indonesia Precious Metals HS Code 711319 in May 2025 consists entirely of finished jewelry products, with both sub-codes representing high-grade, manufactured items rather than raw or semi-finished forms. This uniformity suggests a trade in differentiated, branded goods where quality and craftsmanship drive value, not bulk commodity trading linked to indices. The lack of variation in product form or grade points to a mature, specialized export segment focused on end-consumer markets.

Strategic Implication and Pricing Power

For Indonesia's export of HS Code 711319 in May 2025, the high value and specialization in finished jewelry imply strong pricing power for exporters, allowing them to command premium prices in international markets. Strategic focus should remain on maintaining quality standards and exploring niche markets to sustain this advantage, without immediate regulatory changes noted.

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

Geographic Concentration and Dominant Role

Indonesia Precious Metals HS Code 711319 Export 2025 May is heavily concentrated in Switzerland, which accounts for 63.37% of the total export value. The high unit price of over $100,000 per kilogram to Switzerland, compared to an average of roughly $100,000/kg across other major partners, shows this trade consists of high-grade, finished jewelry rather than raw materials.

Partner Countries Clusters and Underlying Causes

The data reveals three distinct buyer clusters. The first is the premium Swiss market, which pays top prices for high-value finished goods. The second cluster includes regional trade hubs like Singapore and the United Arab Emirates; their significant volume but lower average prices suggest they act as intermediaries for redistribution to other markets. The third group comprises a long tail of smaller, diversified buyers like the United States, Italy, and Japan, whose purchases are characterized by high shipment frequency but low volume, indicating they source smaller batches of specialized or niche products.

Forward Strategy and Supply Chain Implications

For Indonesian exporters, the strategy should be to protect the high-margin trade with Switzerland while expanding reach through the regional hubs in Singapore and the UAE to access new markets. Supply chains must be optimized for high-value, low-weight logistics to maintain the product's premium positioning. The news indicates a stable regulatory environment for this export, as no new restrictions were identified for May 2025 [GJEPC], allowing this focus to continue.

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

Strategic Supply Chain Overview

Indonesia Precious Metals Export 2025 May under HS Code 711319 is defined by high-value finished jewelry. Price is driven by product craftsmanship and brand differentiation, not raw material indices. The supply chain implication is full assembly hub dependence, with technology and quality control as critical pillars. This trade faces concentration risk from reliance on a few bulk buyers and the premium Swiss market.

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

• Use shipment frequency data to predict bulk buyer order cycles. This prevents inventory overstock and ensures timely production for key clients.
• Analyze unit prices by destination to protect premium Swiss margins. Adjust marketing and negotiation strategies to maintain high-value positioning.
• Leverage trade data from hubs like Singapore and UAE to identify new markets. This diversifies buyer base and reduces dependency on a few partners.
• Monitor buyer segment shifts to quickly reallocate small-order capacity. This maintains efficiency without disrupting core bulk relationships.

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 May?

The surge in May 2025 to $926.05M reflects seasonal restocking demand and India’s import restrictions on jewelry, which diverted global demand toward Indonesian exports.

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

Switzerland dominates with 63.37% of export value, followed by regional hubs like Singapore and the UAE, which act as intermediaries for redistribution.

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

The high unit price (~$100,000/kg) is due to the dominance of finished jewelry (HS 71131990), a premium product category, with Switzerland paying top prices for high-grade goods.

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

Exporters must prioritize relationships with dominant bulk buyers (80% of trade value) while expanding through regional hubs to reduce reliance on a single market.

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

Buyers in Switzerland benefit from consistent high-quality supply, while those in intermediary hubs gain access to redistributed premium jewelry at competitive prices.

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

The exports consist almost entirely of finished jewelry (HS 71131990), indicating end-consumer use rather than raw material or semi-processed trade.