Business News
Indonesia Exports 70,212 Cars in Early 2025
Indonesia's automotive industry saw a strong start in 2025, exporting 70,212 vehicles in January and February, a 3.4% increase from 67,910 units in the same period of 2024. According to the Indonesian Automotive Industry Association (Gaikindo), these exports reached over 100 countries, with key markets including the Philippines, Saudi Arabia,…
Indonesia Exports USD 17.55 Million Worth of Soap to Papua New Guinea in 2023
Indonesia recorded exports worth USD 196.86 million to Papua New Guinea in 2023, a 19.5% decline from the previous year's USD 244.56 million. Despite this drop, the long-term trade trend between the two countries remains upward. Among the top export products, soap and cleaning agents led with USD 17.55 million…
Downstream Palm Oil Industry Plays Key Role in Indonesia’s Economy
Indonesia’s downstream palm oil industry continues to make a significant impact on the national economy. In 2023, the sector contributed approximately IDR 750 trillion, equivalent to 3.5% of Indonesia’s GDP. Additionally, it generated USD 28.45 billion (IDR 455 trillion) in export revenue, with 93.5% of exports coming from palm oil…
Indonesian Kratom Thrives in U.S. Market, Exports Reach USD 350 Million
Indonesia’s kratom industry has gained significant traction in the U.S., accounting for 96% of total kratom imports and generating USD 350 million in exports. Investment Minister Rosan Roeslani highlighted that kratom, predominantly sourced from West Kalimantan, is widely used for medicinal and herbal purposes. The latest export batch, facilitated by…
