Call The Manufacturing Sector A Surplus Of IDR 169.4 Trillion To The First Quarter Of 2025, Minister Of Industry: There Is No Deindustrialization

Minister of Industry Agus Gumiwang Kartasasmita. (Photo: Doc. Ministry of Industry)

Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said, until the first quarter of 2025, the Indonesian manufacturing industry sector posted a trade surplus of 10.4 billion US dollars or around Rp169.4 trillion (assuming an exchange rate of Rp16,290).

"The value of manufacturing exports was recorded at 52.9 billion US dollars or 79.4 percent of the total national exports," Agus said in a written statement, Friday, July 18.

Meanwhile, based on data from Trading Economics, Agus said, in May 2025, Indonesia posted a trade surplus of USD 4.9 billion.

"Meanwhile, based on the ranking from World airbase, the surplus puts Indonesia in third place in the world after China (103.22 billion US dollars) and Germany (17.8 billion US dollars). Indonesia's position (also) is above Russia (4.5 billion US dollars) and Malaysia (3.5 billion US dollars)," he added.

Meanwhile, as a sector that contributes exports in the national sector, Agus said, the export value of the manufacturing industry sector throughout 2024 was 196.5 billion US dollars.

Angka tersebut tumbuh 5,11 persen dari ekspor industri nasional pada 2023 yang mencatat nilai 186,9 miliar dolar AS.

"Angka positif pencapaian kinerja sektor manufaktur nasional, yang diperkuat dan bersumber dari berbagai lembaga internasional itu mencerminkan struktur industri manufaktur Indonesia kuat dari hulu ke hilir. Artinya, Indonesia tidak pernah terjadi fase deindustrialisasi," tutur dia.

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This figure grew 5.11 percent from national industrial exports in 2023 which recorded a value of 186.9 billion US dollars.

"The positive figures for achieving the performance of the national manufacturing sector, which is strengthened and sourced from various international institutions, reflect the strong structure of Indonesia's manufacturing industry from upstream to downstream. This means that Indonesia has never experienced a deindustrialization phase," he said.