Heaptalk, Jakarta — The Indonesian Ministry of Trade remains optimistic about meeting its national export target of US$294 billion or around Rp4,981 trillion, in 2025, despite the ongoing tariff tensions between the United States (US) and China.
“The government, in collaboration with business stakeholders, continues to adopt an optimistic outlook in navigating the current situation, even though it is undoubtedly challenging,” stated Djatmiko Bris Witjaksono, Director General of International Trade Negotiations at the Ministry of Trade, during a press briefing in Jakarta. (04/21)
Bris affirmed that, to date, the government has no plans to revise its export growth target of 7.1% in 2025.
In response to the global trade uncertainties, Indonesia is intensifying its efforts to expand international trade cooperation with various countries. “Through newly established agreements, we are confident that the targets we have set can be achieved,” he added.
One such initiative is the enhanced cooperation between Indonesia and Japan under the Indonesia–Japan Economic Partnership Agreement (IJEPA). Bris noted that the latest protocol, signed last year, has widened Indonesia’s access to the Japanese market, including for fisheries products.
“This agreement is expected to serve as a significant driver of export performance,” he said.
Indonesia is also updating several other trade agreements, including those with ASEAN, Australia, and New Zealand. Additionally, negotiations with Peru are nearing completion.
The country is further working to expand its market reach into North America through Canada, Latin America via Peru, the Eurasian region, and beyond.
Bris acknowledged that the US–China tariff war poses risks to Indonesia’s trade performance, potentially affecting both exports and imports. However, the government’s strategic efforts are aimed at mitigating these impacts and securing the targeted growth.
At the beginning of 2025, Minister of Trade Budi Santoso set the national export target for that year at USD294 billion, up from USD241 billion during the January–November 2024 period.
In parallel, exports from micro, small, and medium enterprises (MSMEs) are projected to grow by 9.63% in 2025, reaching USD19.33 billion.
According to Budi, these targets are part of a broader roadmap to ensure that Indonesia achieves an economic growth rate of 8% by 2029.
