Key insights and market outlook
Indonesia's export value from January to October 2025 reached $234.04 billion, representing a 6.96% increase from the same period last year. The non-oil and gas sector drove this growth, rising 8.42% to $223.12 billion, while oil and gas exports declined 16.11% to $10.93 billion. The increase was primarily attributed to the manufacturing and agricultural sectors.
Indonesia's export value from January to October 2025 reached $234.04 billion, marking a significant 6.96% increase compared to the same period in 2024. The Central Statistics Agency (BPS) reported that this growth was primarily driven by the non-oil and gas sector, which saw an 8.42% rise to $223.12 billion. Conversely, oil and gas exports experienced a decline of 16.11%, falling to $10.93 billion.
The BPS noted that the increase in non-oil and gas exports was mainly attributed to strong performance in the manufacturing sector and agricultural sector. These sectors demonstrated robust growth, contributing significantly to the overall export performance. The data highlights Indonesia's diversified export base, with a particular emphasis on non-oil and gas commodities.
This export growth indicates a positive trend in Indonesia's trade performance, potentially supporting the country's economic stability and growth. The decline in oil and gas exports, however, remains a concern and may require targeted policy interventions to revitalize this sector. Overall, the strong performance in non-oil and gas exports provides a solid foundation for Indonesia's economic resilience.
Export Growth Jan-Oct 2025
Non-Oil Export Increase
Oil and Gas Export Decline