Indonesia Precious Metals HS711319 Export Data 2025 Q3 Overview

Indonesia Precious Metals (HS 711319) 2025 Q3 Export: Key Takeaways

Indonesia's Precious Metals Export (HS Code 711319) in 2025 Q3 shows Switzerland dominating with 61.30% of value, indicating premium, high-grade jewelry demand, while lower-tier buyers like the U.S. suggest a bifurcated market. Exporters should prioritize high-value destinations but adjust for new tariffs like the 15% duty on silver jewelry. This analysis, based on cleanly processed Customs data from the yTrade database, covers 2025 Q3.

Indonesia Precious Metals (HS 711319) 2025 Q3 Export Background

Indonesia’s Precious Metals (HS Code 711319), covering unwrought or semi-manufactured forms of gold and platinum, are vital for jewelry, electronics, and investment sectors due to their enduring global demand. In Q3 2025, Indonesia introduced a 15% export tariff on silver jewelry under this code, with lower rates for artisan and SME producers [Jewelry.co.id], balancing trade compliance with local industry support. As a key exporter, Indonesia’s policy shifts and resource-rich position make it a critical player in the 2025 precious metals trade.

Indonesia Precious Metals (HS 711319) 2025 Q3 Export: Trend Summary

Key Observations

In Q3 2025, Indonesia's exports of precious metals under HS Code 711319 surged, with September alone reaching 1.53 billion USD in value and 14.32 thousand kg in weight, marking the highest monthly performance of the year.

Price and Volume Dynamics

Quarter-over-quarter, Q3 exports showed a 64% increase in total value compared to Q2, driven by a sharp rise in September. This spike aligns with typical industry cycles for precious metals jewelry, where exporters often ramp up shipments in Q3 to stockpile for peak holiday demand in Q4. The average price per kg also climbed from around 100 USD/kg in June to nearly 107 USD/kg in September, indicating stronger value per unit due to potential shifts in product mix or underlying metal prices.

External Context and Outlook

The anticipation of Indonesia's final export tariff on silver jewelry, implemented in November 2025 with rates up to 15% as reported by [Jewelry.co.id], likely fueled the Q3 export rush as producers aimed to avoid future cost increases. This policy may constrain Indonesia Precious Metals HS Code 711319 Export volumes in subsequent periods, though sustained global demand could partly offset the impact.

Indonesia Precious Metals (HS 711319) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

In Q3 2025, Indonesia's export of Precious Metals under HS Code 711319 is heavily concentrated in high-value jewellery, with HS Code 71131990 dominating at over 96 percent of both value and weight shares. This sub-code, for jewellery of precious metal excluding silver, commands a unit price of approximately 101,277 US dollars per kilogram, highlighting its role as a specialized, premium product segment without extreme price anomalies.

Value-Chain Structure and Grade Analysis

The export breakdown reveals two distinct tiers within finished jewellery: a premium segment under HS Code 71131990 with higher unit prices, and a standard segment under HS Code 71131910 at around 88,656 US dollars per kilogram. This structure indicates trade in differentiated manufactured goods, not fungible commodities, with variations likely in quality or design aspects.

Strategic Implication and Pricing Power

The consistently high unit prices across segments suggest strong pricing power for Indonesian exporters in the global jewellery market. Businesses should prioritize quality control and market differentiation to capitalize on this advantage in Indonesia Precious Metals HS Code 711319 Export for 2025 Q3, ensuring competitive positioning.

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Indonesia Precious Metals (HS 711319) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

Indonesia's Precious Metals HS Code 711319 Export in 2025 Q3 shows strong concentration, with Switzerland dominating at 61.30% of value and 55.95% of weight, indicating a higher unit price around $110,420 per kg, which points to premium, high-grade jewelry products rather than raw materials.

Partner Countries Clusters and Underlying Causes

Countries cluster into two groups: high-value destinations like Switzerland, Singapore, and UAE, likely due to their luxury markets and hubs for fine jewelry; and lower-value but high-frequency buyers like the United States and Thailand, possibly for mass-market or component sourcing, reflecting diverse demand tiers in the jewelry supply chain.

Forward Strategy and Supply Chain Implications

Exporters should prioritize high-value markets like Switzerland to maximize returns, while adjusting for new tariff policies, such as the 15% duty on silver jewelry [jewelry.co.id], which may require cost management and targeted logistics for artisan or SME segments to maintain competitiveness.

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Indonesia Precious Metals (HS 711319) 2025 Q3 Export: Action Plan for Precious Metals Market Expansion

Strategic Supply Chain Overview

Indonesia Precious Metals Export 2025 Q3 under HS Code 711319 is defined by premium finished jewelry trade. Price drivers are product specification and high-volume contracts with key buyers. The market shows extreme concentration in both products and buyers. One jewelry sub-code holds over 96% of value. One buyer group drives 95.82% of export value.

This creates specific supply chain implications. Indonesia acts as an assembly hub for high-value goods. It depends heavily on a few large buyers and one primary market, Switzerland. This reliance introduces vulnerability to demand shifts or policy changes. The new 15% export tariff on silver jewelry adds cost pressure. Supply chains must prioritize quality and logistics for premium segments.

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

• Prioritize relationship management with top-tier buyers. Use transaction frequency data to forecast their order cycles and secure long-term contracts. This ensures stable revenue from the segment driving 95% of value.
• Diversify into high-frequency, lower-value buyer segments. Analyze buyer clusters to identify small retailers or artisanal shops for targeted marketing. This reduces over-reliance on a few major clients and taps into growing demand.
• Adjust pricing and cost structures for new tariff policies. Model the impact of the 15% duty on silver jewelry exports to maintain competitiveness. This protects profit margins under changing trade conditions.
• Optimize logistics for high-value geographic markets. Focus shipping and quality assurance on destinations like Switzerland with premium unit prices. This maximizes returns per kilogram exported.
• Monitor HS Code sub-component trends quarterly. Track shifts in product specialization to anticipate changes in demand or competition. This allows proactive strategy adjustments in a differentiated market.

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 Q3?

A1. The Q3 surge in exports (64% higher than Q2) was driven by pre-holiday stockpiling and anticipation of a 15% export tariff on silver jewelry, leading to a rush in September shipments.

Q2. Who are the main partner countries in this Indonesia Precious Metals Export 2025 Q3?

A2. Switzerland dominates with 61.30% of export value, followed by Singapore and UAE, which cater to luxury markets, while the U.S. and Thailand serve mass-market demand.

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

A3. The premium segment (HS Code 71131990) commands ~$101,277/kg for high-end jewelry, while standard-grade jewelry (HS Code 71131910) averages ~$88,656/kg, reflecting quality and market positioning.

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

A4. Exporters should prioritize high-value buyers (95.82% of trade value) and diversify into small retailers to mitigate reliance on dominant clients, while managing costs under new tariffs.

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

A5. Buyers in Switzerland and similar high-value markets receive premium jewelry, while U.S. and Thai buyers likely source mass-market pieces, with stable supply but potential price adjustments due to tariffs.

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

A6. Exports under HS Code 711319 are primarily high-value finished jewelry, with distinct tiers for luxury (e.g., Swiss market) and standard segments (e.g., U.S. retail).

Detailed Monthly Report

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