Indonesia Trade Trends April 2025

According to data from Statistics Indonesia, the country’s exports expanded by 5.8 per cent year-on-year to USD 20.7 billion in April 2025, while imports rose by 21.8 per cent from the same month a year earlier to USD 20.6 billion.

Southeast Asia’s largest economy recorded a trade surplus of USD 11.1 billion in April.

Indonesia’s trade surplus was primarily fueled by non-oil and gas commodities such as vegetable oils, mineral fuels, and nickel products. The largest surpluses were recorded with the United States, India, and the Philippines, while trade deficits occurred with China, Australia, and Hong Kong.

Export growth was mainly driven by the manufacturing sector, which contributed USD 68.8 billion, with key commodities including iron and steel, crude palm oil, and footwear. However, coal exports saw a decline.

Indonesia reaffirmed China as its top trading partner, followed by the United States and India.

In its latest outlook, the International Monetary Fund estimated Indonesia’s GDP growth rate at 5.1 per cent for 2025.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten member states, comprising 667 million people and covering a territory of 4.5 million km². It is currently the third-largest economy in the Asia-Pacific region and the fifth-largest in the world. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, based on 2024 estimates.