The Jakarta Post, 19 Jun 2012
Products from Indonesia’s closest neighbor, Singapore, have flooded the Balinese market with an imports value of US$33.49 million (or 18 percent) of the island’s total import of $179.34 million in 2011.
Gede Suarsa, chairman of the Bali Statistics Office, told Bali Daily on Monday that Singapore, Hong Kong ($29.43 million), Switzerland ($24.65 million), US ($16.54 million), and China ($15.72 million) were the big five exporting countries to Bali, shipping mostly machinery, electronic goods, optical devices, leather and rubber products, fashion and jewelry, cosmetics, to fresh fruit and vegetables.
Bali imported a large variety of goods from Singapore. “The country is a trade center for Southeast Asian and Asian countries. Many countries send their goods to Singapore to be re-exported, including those shipped to Bali.” Full story