Indonesia Precious Metals HS711319 Export Data 2025 Q2 Overview

Indonesia’s Precious Metals (HS Code 711319) exports in 2025 Q2 were led by Switzerland (60.08% value), reflecting premium demand, per yTrade data.

Indonesia Precious Metals (HS 711319) 2025 Q2 Export: Key Takeaways

Indonesia’s Precious Metals exports (HS Code 711319) in 2025 Q2 are dominated by high-value finished jewelry shipments to Switzerland, which accounts for 60.08% of export value, reflecting a premium market focus. The buyer landscape shows high concentration risk, with Switzerland leading as the primary destination, while the USA represents frequent but lower-value orders. Market trends indicate stable demand in key luxury hubs, though global policy shifts like India’s jewelry import restrictions warrant monitoring. This analysis is based on cleanly processed Customs data from the yTrade database for 2025 Q2.

Indonesia Precious Metals (HS 711319) 2025 Q2 Export Background

Indonesia’s Precious Metals (HS Code 711319) exports cover unwrought or semi-manufactured metals like gold and platinum, plated or clad with precious metals, vital for jewelry, electronics, and luxury goods due to their enduring global demand. Recent policy shifts, including Indonesia’s new 15% tariff on silver jewelry exports and India’s restrictions on gold imports until 2026 [Jewelry.co.id], highlight the trade’s sensitivity, positioning Indonesia as a key supplier in 2025 Q2 amid tightening regulations.

Indonesia Precious Metals (HS 711319) 2025 Q2 Export: Trend Summary

Key Observations

In Q2 2025, Indonesia's export of Precious Metals under HS Code 711319 reached approximately 1.98 billion USD in value and 20.48 thousand kg in volume, demonstrating strong quarterly performance.

Price and Volume Dynamics

The Q2 figures show a significant quarter-over-quarter increase, with value rising by about 70% and volume by 26% compared to Q1. This surge aligns with typical seasonal demand cycles in the jewelry industry, where Q2 often experiences higher exports due to pre-summer festival stock replenishment and increased consumer spending. The spike in May, in particular, reflects common industry patterns of bulk orders ahead of peak seasons.

External Context and Outlook

Recent policy developments may influence future trends. A final tariff on silver jewelry from Indonesia was set in November 2025 [Jewelry.co.id], which, while not directly affecting HS Code 711319, hints at broader trade adjustments. Additionally, India's import restrictions on precious metal jewelry until April 2026 (A2ZTaxCorp) could impact export flows, requiring careful market monitoring.

Indonesia Precious Metals (HS 711319) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q2, Indonesia's export of Precious Metals under HS Code 711319 is dominated by jewelry of precious metal excluding silver, with HS Code 71131990 accounting for over 94% of both value and weight shares. This sub-code has a unit price of approximately 96,418 US dollars per kilogram, indicating a focus on high-value finished goods. The minor sub-code, HS Code 71131910, has a similar unit price near 100,000 US dollars per kilogram, showing no extreme price anomalies and reinforcing the specialization in premium products.

Value-Chain Structure and Grade Analysis

The export structure for Indonesia Precious Metals HS Code 711319 in 2025 Q2 consists entirely of finished jewelry items, with both sub-codes representing high-grade, manufactured goods rather than bulk commodities. This lack of raw or semi-finished categories confirms that the trade is in differentiated products, not linked to commodity indices, due to the consistently high unit prices across all exports.

Strategic Implication and Pricing Power

For Indonesia Precious Metals HS Code 711319 Export 2025 Q2, the high unit prices suggest strong pricing power for exporters, allowing them to focus on premium market segments without commodity price pressures. This aligns with broader trends where countries leverage artisanal or high-value jewelry exports for economic gain, as seen in recent tariff structures for similar products [Jewelry.co.id]. Strategic focus should remain on maintaining quality and value addition to sustain this advantage.

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Indonesia Precious Metals (HS 711319) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

In 2025 Q2, Switzerland is the dominant buyer for Indonesia Precious Metals HS Code 711319 Export, accounting for 60.08% of the total export value. The higher value ratio compared to weight ratio (60.08 vs. 54.94) indicates that Switzerland imports high-value, finished jewelry products, not raw materials, reflecting a focus on premium manufactured goods.

Partner Countries Clusters and Underlying Causes

The top countries form two clear clusters. First, Switzerland, UAE, and Singapore form a high-value cluster with strong value and weight shares, likely due to their roles as global luxury markets and trade hubs for jewelry. Second, the USA shows high shipment frequency but low value per weight, suggesting frequent, smaller orders typical of retail or distribution networks. Other countries like Jordan and Italy have moderate shares, possibly serving regional or niche markets.

Forward Strategy and Supply Chain Implications

For Indonesian exporters, prioritizing high-value markets like Switzerland can maximize returns, while adapting supply chains for quality assurance in premium segments. Although no direct policies affect HS 711319 exports, monitoring global trends, such as India's recent import restrictions on jewelry [a2ztaxcorp.net], is advised to anticipate indirect impacts on trade flows.

CountryValueQuantityFrequencyWeight
SWITZERLAND1.19B11.12M79.0011.25K
UNITED ARAB EMIRATES292.90M2.95M105.003.22K
SINGAPORE262.64M2.51M132.002.59K
CHINA HONGKONG94.71M805.06K104.001.07K
JORDAN49.89M817.80K41.00848.93
UNITED STATES************************

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Indonesia Precious Metals (HS 711319) 2025 Q2 Export: Action Plan for Precious Metals Market Expansion

Strategic Supply Chain Overview

The Indonesia Precious Metals Export 2025 Q2 for HS Code 711319 is defined by high-value finished jewelry. Price is driven by product specification and OEM contract volumes, not commodity indices. This creates a supply chain focused on assembly and technology dependence. The market relies on a few major buyers and Switzerland as the dominant destination. This concentration offers premium returns but also brings vulnerability to demand shifts.

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

  • Monitor purchase frequency of top buyers to anticipate order cycles and secure production planning. This prevents overstock and maintains cash flow.
  • Analyze Switzerland’s import data for product preferences and adjust specifications accordingly. This maximizes value per shipment and strengthens buyer relationships.
  • Use trade data to identify and target occasional bulk buyers in markets like the UAE. This diversifies the client base and reduces reliance on core buyers.
  • Track regulatory updates in key markets to avoid disruptions from policy changes. This protects against sudden tariff or import restrictions.

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 Q2?

The Q2 surge in exports (70% value increase, 26% volume rise) reflects seasonal demand for jewelry ahead of peak consumer spending periods, reinforced by high-value finished goods dominating the trade.

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

Switzerland leads with 60.08% of export value, followed by the UAE and Singapore as key hubs, while the USA shows high shipment frequency for smaller retail orders.

Q3. Why does the unit price differ across Indonesia Precious Metals Export 2025 Q2 partner countries?

Unit prices are uniformly high (near 96,418–100,000 USD/kg) because exports consist solely of premium finished jewelry (HS Code 71131990), not raw materials or bulk commodities.

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

Exporters should prioritize relationships with high-value, frequent buyers (88.46% of trade) and monitor Switzerland’s premium market, while cautiously exploring niche bulk orders.

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

Buyers in Switzerland and similar hubs benefit from stable high-quality supply, while smaller buyers face limited leverage due to Indonesia’s reliance on core bulk purchasers.

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

Precious metals are exclusively exported as finished jewelry (e.g., high-grade manufactured items), targeting luxury markets rather than industrial or commodity applications.

Detailed Monthly Report

Indonesia HS711319 Export Snapshot 2025 APR

Indonesia HS711319 Export Snapshot 2025 MAY

Indonesia HS711319 Export Snapshot 2025 JUN

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