Core Viewpoint - Indonesia's trade surplus for the first half of the year reached $19.48 billion, a 26% increase from $15.45 billion in the same period last year, driven by strong exports in June, particularly in palm oil and gold jewelry [1] Trade Performance - The trade surplus for January to June 2023 was $19.48 billion, up from $15.45 billion in the same period of 2022, marking a 26% growth [1] - June exports amounted to $23.44 billion, reflecting an 11.29% year-on-year increase [1] - Key contributors to the strong trade performance included a surge in palm oil and gold jewelry exports, as well as preemptive exports to the U.S. before tariff implementation [1] Export Dynamics - In June, Indonesia's non-oil and gas exports to the U.S. increased by 33.5% year-on-year, with major products including electronic machinery, clothing, footwear, palm oil, rubber, and seafood [1] U.S.-Indonesia Trade Agreement - A recent agreement between the U.S. and Indonesia will reduce U.S. import tariffs on Indonesian goods from 32% to 19%, with potential further reductions on certain U.S. products lacking domestic production [1] - Indonesia has agreed to eliminate tariffs on 99% of U.S. industrial goods, food, and agricultural products, and has committed to purchasing more U.S. goods [1] Future Trade Outlook - Economists suggest that the new U.S. tariffs could pressure Indonesia's trade surplus, as increased imports may coincide with declining prices for major commodities like coal [1]
【环球财经】印尼上半年贸易顺差同比增长26%
Xin Hua Cai Jing·2025-08-01 14:05