JAKARTA - Head of the Central Statistics Agency (BPS), Amalia Adininggar Widyasanti revealed that from 2015 to 2024 the total trade value between Indonesia and the United States (US) generally experienced an increasing trend.
"The trend of increasing Indonesia's trade balance with America seems to be more driven by an increasing trend in the non-oil and gas trade balance, and if we look at Indonesia's oil and gas trade experiencing a deficit," Amalia said at a press conference Monday, April 21.
Amalia said that until March 2025, Indonesia recorded a trade balance surplus with the USD 4.32 billion, where this value was higher than the same period as last year of USD 3.61 billion.
To note, in 2015 Indonesia's trade to the US amounted to 8.65 billion US dollars, 2016 worth 8.84 billion US dollars, 2017 9.67 billion US dollars, 2018 worth 8.26 billion US dollars, 2019 amounted to 8.58 billion US dollars.
Furthermore, in 2020, worth 10.04 billion US dollars, 2021 in the amount of 14.54 billion US dollars, 2022 amounting to 16.57 billion US dollars, 2023 worth 11.97 billion US dollars, 2024 amounting to 14.34 billion US dollars, and in the January-March 2025 trading balance period amounting to 4.32 billion US dollars.
Amalia said that from January to March 2025, the main commodities traded with the US are exports of non-oil and gas commodities where the main commodities are machinery and electrical equipment (HS 85), clothing and accessories (craftshops) (HS 61), and footwear (HS 64).
Then the clothes and accessories (not knitted) (HS 62), animal/vegetable fats and oils (HS 15) and furniture and lighting tools (HS 94).
Meanwhile, when detailed the value of Indonesia's exports to the United States from January to March 2025, for electric machinery and equipment (HS 85) the export value reached 1,220.35 million US dollars or 16.71 percent, footwear (HS 64) was valued at US $ 657.90 million or 9.01 percent, as well as clothes and accessories (craftshops) amounting to 629.25 million US dollars or 8.61 percent.
Then, the clothes and accessories (not knitted) (HS 62) amounted to 568.46 million US dollars or 7.78 percent, animal/nabati fat and oil (HS 15) amounted to 507.19 million US dollars or 6.94 percent, as well as furniture and lighting (HS 94) amounting to 410.48 million US dollars or 5.62 percent.
"Throughout January to March 2025, the export value of these four commodities has increased relatively well compared to the same period last year, for example, electric machinery and equipment (HS 85) increased by 17.65 percent, then, footwear (HS 64) increased by 16.62 percent, clothing and accessories (craftshops) (HS 61) increased by 20.46 percent, as well as clothing and accessories (not knitted) (HS 62) increased by 1.47 percent," he explained.
Meanwhile, for oil and gas, Amalia said that Indonesia imports oil and gas, especially for crude petroleum oils or crude oils (HS 27), liquefied propane & liquefied butanes or oil products (HS 27).
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Meanwhile, for non-oil and gas imports carried out by Indonesia from the US such as machinery or mechanical equipment and parts (HS 84), seeds and fruit containing oil (HS 12), as well as electric machinery and equipment (HS 85).
Then the grounds and rest of the food industry (HS 23), optical instruments, photography, cinematography and medicine (HS 90).
"The highest trade balance surplus with the United States will occur in 2022, amounting to 16.57 billion US dollars," he said.
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