Jakarta, shesocial Indonesia
–
Minister of Trade
Budi Santoso
still aiming for growth
export
by 7.1 percent in 2025 although Indonesia faces new challenges in the form of the application of reciprocal tariffs of 19 percent of
United States of America
(US).
According to him, the performance of national exports in the first half of this year shows a positive trend that supports the achievement of these targets.
“In order to improve export performance, we have calculated the export targets that must be achieved in the 2025-2029 period. For 2025, we are targeting an increase in exports by 7.1 percent and of course the Ministry of Trade conducts various programs to support these targets,” Budi said at a press conference at the Ministry of Trade, Central Jakarta, Monday (4/8).
As in the midst of global dynamics, Indonesia’s trade balance in June 2025 recorded a surplus of US $ 4.10 billion.Cumulatively, the semester I-2025 trading surplus reached US $ 19.48 billion, higher than the same period last year of US $ 15.58 billion.
The surplus consisted of a non -oil and gas trade surplus of US $ 28.31 billion and an oil and gas trade deficit of US $ 8.83 billion.The total exports of Indonesia during the first semester of-2025 were recorded at US $ 135.41 billion, or grew 7.70 percent on an annual basis.
This increase was supported by non -oil and gas exports which rose 8.96 percent to US $ 128.39 billion, while oil and gas exports fell 11.04 percent to US $ 7.03 billion.
“The performance of national exports in the I-2025 semester has shown a positive growth that became a strong signal for the achievement of the annual export target. I submit our national export target 7.10 percent and in the first semester it was 7.70 percent,” Budi said.
He added that Indonesia’s largest trading surplus came from the United States (US) with a value of US $ 9.92 billion until the first semester of-2025.This shows the competitiveness of Indonesian products is still strong, although the new tariff scheme from the US has not been applied.
“This is a sign that Indonesian products still have competitiveness even though this reciprocal rate has not been applied. So later we will continue to monitor and we will certainly try after the implementation of reciprocal rates, our exports continue to increase,” Budi said.
As for sectoral, Indonesia’s exports are still dominated by the manufacturing industry (83.81 percent), followed by mining (13.53 percent) and agriculture (2.64 percent).But in terms of growth, the agricultural sector recorded the highest increase of 49.77 percent, followed by the manufacturing industry (16.57 percent), while mining experienced a contraction of 25.23 percent.
Commodities that record the highest export growth include cocoa and processed (129.86 percent), coffee and spices (86.5 percent), tin and their derivative products (80.8 percent), aluminum (74.3 percent), and various chemical products (54.12 percent).
Export destination countries with the highest growth include Switzerland (111.20 percent), Saudi Arabia (49.53 percent), Thailand (45.20 percent), Bangladesh (38.09 percent), and Singapore (28.95 percent).
While regions with the highest export growth are Central Asia (92.78 percent), West Africa (57.37 percent), East Africa (52.35 percent), South America (48.76 percent), and South Africa (43.62 percent).
[Gambas: shesocial video]
(DEL/AGT)
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