Indonesia-US Trade Balance Consistently Shows a Surplus for a Decade

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Nabilah Muhamad 09/04/2025 09:51 WIB

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The Data Trade Map shows that Indonesia has consistently recorded a trade surplus with the United States over the past decade.

Indonesia-United States Trade Balance (2015-2024)

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Indonesia-United States Trade Balance (2015-2024)

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The Data Trade Map shows that Indonesia's trade balance with the United States (US) has consistently recorded a surplus over the past decade.

In 2024, Indonesia's trade surplus with the US reached US$14.36 billion. This figure represents a 20.09% increase from the previous year's surplus of US$11.96 billion.

The trend shows that Indonesia's trade balance with the US has generally been positive over the past 10 years. However, it experienced a significant decline in 2023 before rebounding in 2024.

The highest trade surplus between Indonesia and the US occurred in 2022, reaching US$16.55 billion.

Meanwhile, US President Donald Trump imposed reciprocal import tariffs on all its trading partners, including Indonesia, starting in April 2025. As a result, Indonesian products exported to the US, and US products imported into Indonesia, will be subject to a 32% import duty.

In response to this tariff policy, the Indonesian government will immediately engage in diplomacy with the US. Coordinating Minister for Food Zulkifli Hasan stated that this approach was chosen to avoid a trade war and maintain the strategic relationship between the two countries.

He emphasized the importance of a mutually beneficial relationship between Indonesia and the US, particularly in the food trade sector.

"The US is our number one supplier of soybeans. So, we're not talking about retaliatory tariffs; we're choosing the negotiation route," said Zulhas in a statement, as reported by *Katadata* on Tuesday (8/4/2025).

Editor : Erlina Fury Santika

"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."