The US-China Trade War Negatively Impacts Indonesian Exports

Trade

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Dwi Hadya Jayani 12/08/2019 12:42 WIB

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Indonesia experienced negative impacts from the trade war on its exports, with an estimated decrease of 0.24% by the end of 2019.

The Impact of the Trade War on Indonesian Exports

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The US-China Trade War Negatively Impacts Indonesian Exports

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The Impact of the Trade War on Indonesian Exports

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A mid-year 2019 study book from the Institute for Development of Economics and Finance (Indef) mentions that the escalating trade war between the two economic giants, the United States (US) and China, has impacted the export performance of several countries. Indonesia is one of the countries negatively affected by the trade war on exports, with an estimated decrease of 0.24% by the end of 2019.

Besides Indonesia, the exports of European countries are predicted to decrease by 0.32%, Japan by 0.92%, Oceania by 0.62%, India by 0.08%, and Africa by 0.01%. Conversely, the trade war did not significantly impact some countries, such as Vietnam, which is projected to record positive export growth of 2.58%. Other countries recording positive impacts from the trade war on exports include Malaysia (up 0.39%), Singapore (up 0.53%), and Thailand (up 0.23%).

(Read Databoks: [Impact of Trade War, OECD Projects Global Economic Growth at Only 3.2%](https://databoks.katadata.co.id/datapublish/2019/05/22/dampak-perang-dagang-oecd-proyeksikan-ekonomi-global-hanya-tumbuh-32))

Editor : Hari Widowati

"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."