INDONESIA’S EXPORTS UP 5.61 PCT IN JAN-NOV 2025

JAKARTA, Jan 5 (Bernama) -- Indonesia’s export value from January to November 2025 reached US$256.56 billion, an increase of 5.61 percent compared with the same period in 2024, according to Statistics Indonesia (BPS), the government body responsible for national statistics.

Latest data published on the BPS website showed that non-oil and gas exports rose by 7.07 per cent to US$244.74 billion during the period, with the highest increase being animal or vegetable fats and oils, which increased by US$6.36 billion or 26.24 per cent.

Other commodities that registered an increase were electrical machinery and equipment and parts, up US$3,729.2 million or 26.99 per cent; chemicals and related products, up US$2,803.8 million (48.02 per cent); precious metals and jewellery/gemstones, up US$2,583.3 million (31.52 per cent); and iron and steel, up US$2,137.5 million (9.12 per cent).

Nickel and articles thereof also recorded an increased, up US$1,256.7 million (17.46 per cent); machinery and mechanical appliances and parts, up US$1,099.4 million (17.26 per cent); vehicles and parts, up US$1,050.9 million (10.41 per cent); and footwear, up US$603.9 million (9.08 per cent).

According to the BPS, China remains the largest destination for Indonesia’s non-oil and gas exports which amounted US$58.24 billion, followed by the United States (US) at US$28.14 billion and India at US$16.44 billion, with the three accounting for 42.02 per cent of total non-oil and gas exports. 

Meanwhile, exports to ASEAN and the European Union (EU) amounted to US$47.21 billion and US$17.75 billion, respectively.

Exports from agriculture, forestry and fisheries rose by 24.63 per cent while mineral fuel exports fell by US$7.26 billion or 20.12 per cent. Exports from the mining sector and other categories also declined by 24.24 per cent.

On the import side, the agency said Indonesia’s imports rose 2.03 per cent year on year to US$218.02 billion, driven mainly by stronger non-oil and gas imports, which increased 4.37 per cent to US$188.61 billion.

Leading the increase were machinery, electrical equipment and parts, which saw the largest growth among major non-oil and gas import groups, up US$3.70 billion, or 14.84 per cent, compared with the same period last year.

China stands as Indonesia’s largest source of non-oil and gas imports during the period, accounting for US$77.52 billion or 41.10 per cent, followed by Japan and the US.

Despite higher imports, Indonesia posted a US$38.54 billion trade surplus in the January–November period, underpinned by a US$56.15 billion surplus in non-oil and gas trade that offset a US$17.61 billion deficit in the oil and gas sector.

-- BERNAMA