Indonesia's Trading Partners' Economic Projections Slow Down in 2025

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Adi Ahdiat 23/04/2025 16:55 WIB

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According to IMF projections, the economic growth rate of Indonesia's major trading partners will generally slow in 2025, influenced by US trade policies.

Indonesia's Trading Partners' Economic Growth Projections According to the IMF (2024-2025)

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Indonesia's Trading Partners' Economic Projections Slow Down in 2025

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Indonesia's Trading Partners' Economic Growth Projections According to the IMF (2024-2025)

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In 2024, Indonesia's largest export destinations were China, the United States (US), Japan, India, Singapore, Malaysia, South Korea, the Philippines, Vietnam, and Taiwan.

However, Indonesia's exports to these top 10 trading partners are potentially weakening, in line with their predicted slower economic growth in 2025.

In the April 2025 edition of the *World Economic Outlook*, the International Monetary Fund (IMF) projected that China's economic growth will fall by one percentage point, from 5% in 2024 to 4% in 2025.

Similar slowdowns are predicted for other Indonesian trading partners, with details as shown in the graph.

The only trading partner with potential strengthening is Japan, with projected economic growth rising from 0.1% in 2024 to 0.6% in 2025.

However, Japan's growth remains lower than the initial projection. Previously, in January 2025, the IMF predicted that Japan's economy could grow by 1.1% this year.

This revised projection coincides with global dynamics. In early April 2025, US President Donald Trump implemented new high import tariffs, which are considered to burden the economic growth of many countries.

"Countries subject to US tariffs face negative shocks due to declining export demand," stated the IMF in the April 2025 edition of the *World Economic Outlook*.

"Trade uncertainty adds to demand shocks as businesses and households postpone investment and spending. This impact can be exacerbated by tighter financial conditions and increased exchange rate volatility," it continued.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Trading Partners' Economic Projections Slow Down in 2025

Indonesia's Trading Partners' Economic Projections Slow Down in 2025

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Related Data

Annual Inflation in Indonesian Provinces in November 2025, Riau Highest

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Indonesia's Trading Partners' Economic Projections Slow Down in 2025

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