Singapore Became Indonesia's Main Export Market for Jewelry in 2022

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Nabilah Muhamad 27/07/2023 14:44 WIB

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According to BPS data, Singapore was Indonesia's largest export destination for jewelry and precious goods in 2022.

Indonesia's Jewelry and Precious Goods Export Volume by Main Destination Country (2022)

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Singapore Became Indonesia's Main Export Market for Jewelry in 2022

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Indonesia's Jewelry and Precious Goods Export Volume by Main Destination Country (2022)

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Indonesia is one of the world's largest gold-producing countries. This commodity can be processed into various products, such as jewelry and other precious items.

According to data from the Central Bureau of Statistics (BPS), throughout 2022 Indonesia exported 934.9 tons of jewelry and precious goods. This amount is 118.5 tons more than the export volume in 2021.

The total value of Indonesian jewelry and precious goods exports in 2022 reached US$3.81 billion, higher than in 2021, which totaled US$2.58 billion.

Throughout 2022, Singapore was the main destination for exports of jewelry and precious goods from Indonesia, with a volume of 246.2 tons and a value of US$615.4 million.

The United States ranked second, with export volumes of 168.9 tons and a valuation of US$334.78 million.

Australia completed the top three with export volumes of 27.7 tons and a value of US$11.13 million.

(See also: Papua, the Island with the Largest Gold Ore Reserves in Indonesia)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."