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Indonesia’s exports rose 11.29% year-on-year in June 2025 to $23.44 billion, beating economists’ forecasts of 10.41%, according to data released by the country’s statistics bureau on Friday. The increase was driven by strong shipments to the United States as exporters rushed orders ahead of new tariff negotiations.
Jakarta recently reached an agreement with Washington to reduce U.S. tariffs on Indonesian goods to 19%, down from a previously threatened 32%, ahead of the August 1 deadline set by President Donald Trump. The deal includes Indonesia’s commitment to remove most tariffs on U.S. industrial and agricultural products and boost imports of American goods.
Trump signed an executive order confirming the new tariff rates will take effect within seven days. The tariff reprieve is expected to support Indonesia’s trade performance in the coming months, especially as the U.S. remains one of its key export markets.
Southeast Asia’s largest economy posted a trade surplus of $4.11 billion in June, surpassing market expectations of $3.45 billion though slightly below May’s $4.30 billion surplus. Imports during the same period climbed 4.28% year-on-year to $19.33 billion, reflecting steady domestic demand.
The improved export performance highlights Indonesia’s resilience amid global trade tensions and positions the country to benefit from diversified trade agreements. Analysts note that maintaining competitive export growth will be critical as global markets adjust to evolving U.S. tariff policies.
Indonesia’s trade outlook will continue to depend on global commodity prices, U.S. demand, and the outcome of ongoing trade negotiations. Market observers are closely watching whether the tariff reduction can spur further investment and stabilize Indonesia’s balance of trade in the second half of 2025.
