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01 Dec 2025 | News & Feature

International Trade: A lower, yet promising surplus

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Indonesia’s trade surplus narrowed to USD 2.39 Bn in October 2025, driven by lower exports while imports spiked compared with the previous month.
Weakening growth momentum in Asia weighed on Indonesia’s commodity exports. Fortunately, tariff advantages help to maintain exports demand for domestic manufacturers.
Import demand remains investment-driven. However, improving household demand may fuel a further rise in imports.

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