Indonesian Jewelry Products Record Transaction Potential Of IDR 31.12 Billion Dollars In The US

Chicago's Indonesian Trade Promotion Center (ITPC) noted that Indonesia's superior jewelry product recorded a potential transaction of around IDR 31.12 billion. (Photo: Doc. Ministry of Trade)

JAKARTA - The Ministry of Trade (Kemendag) through the Chicago Indonesian Trade Promotion Center (ITPC) noted that Indonesia's superior jewelry product recorded a potential transaction of 1.87 million US dollars or around IDR 31.12 billion.

The transaction potential was successfully pocketed at the international jewelry exhibition, JA New York 2025, which will take place from 26 to 28 October 2025 at the Javits Center, New York, United States.

Head of the Chicago Indonesian Trade Promotion Center (ITPC) Dhonny Yudho Kusuma said that the MSME products participating in the exhibition are a concrete example of how Indonesian creative business actors are able to compete in the international market.

Dhonny said that participating in international exhibitions is part of the ongoing promotion of Indonesian creative products.

At the same time strengthening business networks to increase exports of added-valued products, especially in North America.

"We want to build an image of Indonesia not only rich in resources, but also superior in innovation and design. The achievements achieved by these MSME craftsmen reflect the quality and innovation of Indonesian jewelry products recognized by the world," he said in an official statement, Monday, November 3.

Dhonny said the jewelry products were marketed in the US through two Indonesian brands, namely Manoja Jewelry, and Titian Fine Jewelry and one US brand, namely Nakula Jewelry. Some of the products displayed include pearl jewelry, collections of silver jewelry and other metals such as yellowing and copper with a touch of modern ethnicity.

"This jewelry product represents the wealth of creativity and advantages of Indonesian craftsmanship," said Dhonny.

Based on data from the Global Trade Atlas S&P Global in 2024, Indonesia's jewelry exports to the United States in 2024 reached 161 million US dollars, a slight decrease compared to the previous year which was recorded at 172.7 million US dollars.

This export is dominated by jewelry from precious metals other than silver, silver-based jewelry, and basic metal jewelry covered in precious metals.

This data shows that Indonesian jewelry products have a strong position in the United States market, especially in precious metals.

On the other hand, for the period January to August 2025, Indonesia's total trade with the United States was recorded at 29.00 billion US dollars, with Indonesia's exports of 20.60 billion US dollars and imports of 8.40 billion US dollars.

Meanwhile, in 2024, the total trade between the two countries recorded a value of 38.56 billion US dollars with Indonesia's exports recorded USD 26.54 billion and imports of USD 12.02 billion, bringing Indonesia to a trade surplus of USD 14.52 billion.

Ekspor utama Indonesia ke Amerika Serikat, antara lain, minyak kelapa sawit, alas kaki, mesin dan perangkat elektrik, serta perangkat telepon.

Sedangkan impor Indonesia dari Amerika Serikat, antara lain, gas petroleum, kacang kedelai, minyak petroleum yang mengandung bitumen, batu bara, serta residu dari pembuatan pati.

Indonesia's main exports to the United States include palm oil, footwear, electric machinery, and telephone devices.

Meanwhile, Indonesia's imports from the United States include petroleum gas, soybeans, petroleum oil containing betituments, coal, and residues from the manufacture of the starch.