Warning!Social Unrest Customs Clearance Difficult, Export This Southeast Asian Country Please Be Careful

- Jun 19, 2019-


 

Indonesia has become a high-risk country for foreign trade.

Indonesia has become a high-risk country for foreign trade after protests erupted in the capital, Jakarta, over a disputed election.

The clashes have left at least six people dead and more than 300 injured, and police have made hundreds of arrests, according to officials.Other demonstrators carried "anti-china" signs or circulated "anti-china" messages online.

The Chinese embassy in Indonesia has issued a message on its website, reminding Chinese citizens there to pay attention to safety and raise awareness of precautions.

Recently, there are shippers and forwarders exporting to this country, so we need to be careful in dealing with them.

In fact, it is not easy for Chinese import and export companies to do business in Indonesia.

 

In fact, it is not easy for Chinese import and export companies to do business in Indonesia.

Indonesia is southeast Asia's largest economy and a member of the group of 20.Pricewaterhousecoopers and the economist intelligence unit predict Indonesia could become the world's fourth-largest economy by 2050.

However, where business opportunities seem to abound, China's import and export enterprises have repeatedly encountered difficulties.

In recent years, Indonesia's capital outflow is obvious, leading to a severe depreciation of the Indonesian rupiah, becoming one of the currencies in Asia with the largest depreciation.

According to the risk warning of sinosure of China, Indonesian buyers have habitually defaulted on their payment in the case of currency depreciation.

In addition, Indonesia is one of the most difficult countries in the world to clear customs, especially for the refund of certificate of origin of Chinese products, which has become a new means of trade barriers.

Meanwhile, in order to improve the international trade situation, the Indonesian government adopted "non-tariff trade barriers" to control the too frequent import activities.

The so-called non-tariff barriers to trade, that is, the government adopts a way other than tariffs to regulate, manage and control the import and export trade activities.The aim is to limit imports to some extent to protect domestic industries.