Indonesia-Japan Trade Value Declined in 2025

Based on data from the Ministry of Trade, the trade value between Indonesia and Japan in 2025 was recorded at US$32.07 billion, or approximately Rp545.19 trillion (assuming Rp16,995 per US dollar).

This figure decreased by 10.14% compared to the previous year (year-on-year/yoy), and it is the lowest in the last five years.

During the 2021-2025 period, the highest trade value was recorded in 2022, totaling US$42.02 billion. After that, the value tended to decrease, as shown in the chart. Here are the details of the trade value between Indonesia and Japan during the 2021-2025 period:

2021

• Exports: US$17.87 billion
• Imports: US$14.64 billion
• Total trade: US$32.52 billion

2022

• Exports: US$24.85 billion
• Imports: US$17.17 billion
• Total trade: US$42.02 billion

2023

• Exports: US$20.78 billion
• Imports: US$16.54 billion
• Total trade: US$37.33 billion

2024

• Exports: US$20.72 billion
• Imports: US$14.98 billion
• Total trade: US$35.70 billion

Indonesia-Japan Partnership

Indonesia and Japan recently signed 10 Memorandums of Understanding (MoUs) with a total cooperation value of around US$23.1 billion at the Indonesia-Japan Business Forum held at the Imperial Hotel Tokyo on Monday (March 30, 2026).

The agreement is one of the outcomes of the visit by President Prabowo Subianto, along with Coordinating Minister for Economic Affairs Airlangga Hartarto and several ministers of the Forward Indonesia Cabinet to Japan.

Prabowo noted that Japanese investments are of high quality because they are known for their discipline, technological mastery, and long-term commitment to industrial development.

"Japan brings quality in investment, discipline, technology, and long-term commitment."

"That's why Japanese investments are respected, not just in Indonesia but also around the world, and personally, I greatly appreciate this relationship," said President Prabowo, as reported by the press release of the Coordinating Ministry for Economic Affairs, Tuesday (31/3/2026).