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Search result with “Indonesian Trade Deficit” as a keyword founded 221 news.

Trump’s Tariffs Hit ASEAN, Rates on Indonesia Still Lower than Myanmar and Vietnam 

... contributors to the US trade deficit in 2024. Indonesia was ... the US a $19.3 billion deficit, behind Malaysia ($26.1 billion). ... US ran a $48.3 billion deficit with Bangkok. Cambodia, too, ... contributor ($13 billion). The Indonesian government was planning to ...
Business Apr 3, 2025 | 12:40 pm

Indonesia Sees Export Opportunities in US ‘Eggflation’

... Government estimates showed that Indonesian farms nationwide could produce ... Dawami said. Indonesia-US trade had skyrocketed from $34 ... year. Amid the impressive trade numbers, tariffs haunt Indonesia ... tackle Washington’s deficits. A deficit means that the US is ...
Business Mar 28, 2025 | 9:52 pm

Rupiah Hits Lowest Level Since 1998 Crisis Amid US Tariff Fears, Fiscal Concerns

Jakarta. The Indonesian rupiah weakened to its ... the market’s reaction to heightened trade risks,” said Ibrahim Assuaibi, ... a Rp 31.2 trillion deficit in the 2025 state budget ... the deficit was under control. Investors are closely watching trade negotiations ...
Business Mar 25, 2025 | 5:19 pm

Prabowo to Visit Russia in June, Eyes Eurasian Bloc Trade Pact Signing

... told his eventual Indonesian counterpart that the Eurasian free trade agreement could ... substantial role" in strengthening the trade ties. Official statistics showed that ... a $925.6 million deficit. The government reported that Indonesia-EAEU trade had hit ...
Business Mar 19, 2025 | 11:29 am

Sri Mulyani Warns Indonesia Could Face Trump’s Tariffs Amid $19.3 Billion Trade Deficit

... 's tariffs amid the huge bilateral trade deficit. The nascent Trump 2.0 administration has ... earlier this week. The US trade deficit with Vietnam topped $129 billion ... the heightened trade war. A bank staffer arranges American dollar and Indonesian rupiah ...
Business Mar 13, 2025 | 12:53 pm

Indonesia, Australia Renew $6.2 Billion Currency Swap Deal

... ensures both countries can settle trade in local currencies, thus reducing ... Asian country recorded a nearly $5.5 billion deficit when trading with Australia in ... corresponding Indonesian rupiah. China is Indonesia's top trading partner. Bilateral trade almost ...
Business Mar 5, 2025 | 1:16 pm

Indonesia’s 2024 Balance of Payments Posts $7.2B Surplus

... in Indonesia’s economy. “Overall, the Indonesian BoP demonstrated strong resilience against ... in a statement. Current Account Deficit and Trade Pressures Despite the overall BoP ... exports. The widening deficit was driven by a shrinking trade surplus, as demand ...
Business Feb 21, 2025 | 1:51 am

Turkiye’s Erdogan Wants A ‘Balanced’ $10 Billion Trade with Indonesia

... Recep Tayyip Erdogan told his Indonesian counterpart Prabowo Subianto on Wednesday ... his intentions to shrink the trade deficit with Jakarta. “[We discussed] how ... would be “achievable” with a preferential trade agreement scheme. This includes establishing ...
Business Feb 12, 2025 | 5:15 pm

Poland Finally Exports Apples to Indonesia

... for Warsaw to cut its trade deficit with Jakarta. Poland has ... apples to enter the Indonesian market five years ago. ... apples are available in Indonesian supermarket chains such as ... of Indonesian consumers but also contribute to a stronger trade relationship ...
Business Feb 7, 2025 | 10:21 am

Poland Sets Sights on Apple, Beef Export to Indonesia

... a means to boost bilateral trade figures with the Southeast Asian ... cattle -- something that the Indonesian government has been trying to ... a more favorable balance of trade with its exports to Poland ... . This puts Poland in a deficit with Indonesia. Poland is one ...
Business Jan 27, 2025 | 3:41 pm

BRICS’ Indonesia, Russia in Talks to Use Local Currencies for Trade

... dollar’s dominance in world trade. Amidst the recent BRICS ... that the Russian and Indonesian financial institutions are working ... figures show that Indonesia-Russia trade amounted to $3.1 billion in ... recorded an $830 million deficit over the said period.
News Jan 20, 2025 | 3:39 pm

BRICS Nations Account for 34% of Indonesia's Non-Oil and Gas Exports in 2024

... said that Indonesia's expanding trade relations with BRICS nations ... the top destination for Indonesian exports, with 24.2 ... to Russia. Meanwhile, Indonesia’s trade balance for 2024 showed a ... sector recorded a $20.4 billion deficit, though this was a slight ...
Business Jan 15, 2025 | 3:47 pm

Jakarta Eyes US Tariff Reduction to Shield Key Exports

... a universal tariff policy. Several Indonesian products have long faced import ... Jakarta on Monday. The Indonesian government intends to present the ... Preferences (GSP), citing the trade deficit. The GSP, a trade preference program benefiting developing ...
Business Jan 13, 2025 | 8:10 pm

Indonesia to Pursue Fairer International Trade

... to engage in a more equitable trade relationship with its partners. “ ... contributor to Indonesia’s trade deficit. Indonesia suffered a $9.6 billion deficit when trading with China ... could provide better protection for Indonesian businesses, including the small ...
Business Jan 10, 2025 | 9:53 pm

New BRICS Member Indonesia Unfazed by Trump’s Tariff Threats

... A staff shows American dollar and Indonesian rupiah banknotes at a money changer ... effects. Indonesia-US Trade Resilience Indonesia’s trade relationship with the US ... (GSP), citing the trade deficit. The GSP, a trade preference program benefiting developing ...
Business Jan 8, 2025 | 1:27 pm

2024 Roundup on Indonesia’s Foreign Trade Deals

... deal will grant Canada-bound Indonesian goods a trade liberalization of up to ... President Xi Jinping, left, and Indonesian President Prabowo Subianto attend a welcome ... the largest contributor to Indonesia’s trade deficit, standing at $9.9 billion in January ...
Business Dec 27, 2024 | 5:32 pm

Indonesia, Canada to Significantly Ease Trade Barriers in 2026

... Jakarta hopes to narrow its trade deficit with Ottawa, according to a ... implemented in 2026. Some Indonesian goods that will get ... North American market for Indonesian businesses. Canada is the ... of agreements that can give Indonesian companies access to 1.5 ...
Business Dec 2, 2024 | 2:31 pm

Trump Effect: Indonesia Braces for Potential Flood of Chinese Imports

... month. The potentially worsening trade war has often been ... , including Indonesia. Deputy Trade Minister Dyah Roro Esti ... to Trump’s election victory, Indonesian businesses -- particularly those in ... recorded an $8.1 billion deficit when trading with China over ...
Business Dec 2, 2024 | 9:14 am

Bank Indonesia Forecasts GDP Growth of 4.8%-5.6% in 2025 Amid Global Economic Challenges

... and their potential impact on trade wars, supply chain disruptions ... and the potential for trade wars. Perry also discussed ... many currencies, including the Indonesian rupiah. Lastly, he pointed ... to manage inflation, fiscal deficit, stabilize the rupiah, and ...
Business Nov 29, 2024 | 9:06 pm

Balance of Payment Surplus Reflects External Economic Resilience: Gov't

... improvement in the Services Account deficit from $5.1 billion to $4.2 billion [...] ... government grants and transfers from Indonesian migrant workers. Other factors behind ... quarrying, and wholesale and retail trade sectors. Indonesia's portfolio investment ...
Special Updates Nov 22, 2024 | 6:05 pm
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