Indonesia is steadfastly pursuing its export growth aspirations, bolstered by the confidence of stakeholders even as global trade tensions flare, chiefly between the United States and several countries including China. To fuel its ambitions for economic expansion, the Indonesian government has outlined clear targets for export growth over the next few years.
According to data released, January 2025 saw Indonesia's export value reach US$21.45 billion, representing a 4.68% increase year-on-year yet marking a decline compared to December 2024. By shifting its focus to the non-oil and gas sector, which constituted the majority of exports, Indonesia aims to solidify its status as a competitive player on the international stage. The country's non-oil and gas exports primarily cater to its ASEAN neighbors, including Malaysia, Singapore, and Thailand, which together accounted for over 20% of total non-oil and gas exports.
Highlighting the country’s continued engagement with global markets, Budi Santoso, Indonesia's Minister of Trade, stated, "Trade Expo Indonesia is always highly anticipated as it provides opportunities for national businesses to expand their export markets." This event—scheduled for October 15-19, 2025, at the Indonesia Convention Exhibition—will serve as one of the largest trade shows, bringing together over 1,500 exhibitors and set to attract around 30,000 visitors.
Last year, Trade Expo Indonesia (TEI) yielded significant results, with total transactions recorded at USD 22.73 billion amid participation from 1,480 exhibitors and roughly 41,488 attendees from around the globe. The government aspires to boost transactions by 10 percent this upcoming year, driven by the positive trade trends and the mounting interest from international buyers. This year, around 5,000 international buyers are expected to engage directly with Indonesian exporters, enhancing Indonesia's profile as a key player.
Unique initiatives are also being rolled out to encourage micro, small, and medium enterprises (MSMEs) to seize export opportunities. Helvi Moraza, the Deputy Minister of MSMEs, emphasized the importance of standardized and digitalized products as pivotal to competing effectively on the global scale. "Through this program, Indonesian MSMEs not only gain export opportunities but also expand networks and strengthen competitiveness in international markets," she remarked, reflecting the government's commitment to empower smaller enterprises.
This newfound focus is illustrated through various programs, such as the Capacity Building initiative which recently witnessed the symbolic release of 22 products to the Philippines valued at approximately Rp961 million. Such steps are part of broader efforts to reinforce the resilience of Indonesia's export sector by integrating MSMEs more effectively within the global supply chain.
The Indonesian government is also optimistic concerning its seafood exports, particularly the potential increase of red snapper exports to the United States. The Indonesian Embassy in the US revealed discussions with importers to explore this avenue, highlighting the growing demand for seafood products from Indonesia. With potential transactions projected at USD 2.5 million annually, the interest from US market players signifies Indonesia's capability to diversify and expand its export portfolio.
The enthusiasm surrounding the trade expo and export initiatives signal positive trends, with the Ministry of Trade articulately illustrating their plans to overcome typical trade barriers and capitalize on global demand. By facilitating business matching programs and supporting key industries, the government aims to reinforce Indonesia's position as both a supplier and destination for international trade.
While the initial figures for 2025 show some challenges, including a notable drop from December export values, the government is tackling these head-on through targeted strategies emphasizing collaboration with ASEAN countries and broader international markets. Trade experts advocate for maximizing beneficial trade relationships and lobbying for favorable tariff arrangements as key components of Indonesia's export strategy.
Indonesia's burgeoning trade relations with countries like China, which represented nearly 22.40% of total exports, and active participation at trade events like the Seafood Expo North America to engage directly with importers, underline the proactive approach Indonesia is taking to grow its export revenues.
Looking toward the future, Indonesia's Ministry of Trade remains optimistic. "We are confident about achieving our targets based on the positive trends observed," noted Santoso. Such optimism is echoed across various sectors as stakeholders work together, recognizing the pivotal role of exports for national growth.
With comprehensive strategies being rolled out to not only boost current export figures but also expand their reach globally, Indonesia stands at a significant juncture poised to capture new opportunities and extend its influence across key markets worldwide.