This Is The Cause Of The Decline In Sports Shoes Exports In The First Four Months Of 2025

Minister of Industry Agus Gumiwang Kartasasmita (photo: Theresia Agatha/VOI)

JAKARTA - The export value of Indonesian sports shoe products decreased in the first four months of 2025.

Based on data from the Central Statistics Agency (BPS), the export of Indonesian sports shoe products during January-April 2025 was only 1.39 billion US dollars.

"This figure has decreased by 1.63 percent compared to the same period the previous year," said Minister of Industry (Menperin) Agus Gumiwang Kartasasmita at the opening of the 2025 Merdeka Fest Exhibition entitled "Long live Health with Local Products" at the Plaza Industri of the Ministry of Industry Building, Jakarta, Tuesday, July 29.

Agus assessed that the decline in export value was due to weakening demand in key markets, such as the US and the European Union.

Even so, Agus believes that the export performance of the national sports shoe industry can increase faster after the success of the reciprocal tariff agreement between Indonesia and the US.

This belief arose because one of Indonesia's main competitors in the export of sports shoes, namely Vietnam, actually received a higher reciprocal tariff from Uncle Sam's country.

Vietnam is subject to a tariff of 20 percent by the US, while Indonesia is only 19 percent.

"So, this can foster optimism in the export performance of the national sports shoe industry to be able to grow even faster," explained Agus.

In addition, the Compound Annual Growth Rate (CAGR) of the Indonesian sports shoe industry is estimated to grow 13.1 percent in the last five years.

For sports shoes, Indonesia is currently ranked 3rd in the world as the largest exporter.

The number of sports shoes exported is 450 million pairs per year with the absorption of more than 500,000 workers in West Java, East Java and Banten.

"This position strengthens our belief that the industry has a strong foundation and momentum to continue expansion in the global market," Agus said.

Based on the Statista Market Outlook, Agus said, the world sports shoe market is projected to reach a value of more than US$130 billion by 2027, with an annual growth of around 5 percent.

The Minister of Industry assessed that this is a great opportunity for national industry players to continue to expand market access.

In particular, the markets that must be worked on include South Asia, the Middle East, and Africa.

"The strength of the national sports shoe industry does not only rely on large-scale export-oriented industries, but also grows from grassroots through IKM spread across various regions," he concluded.