1 August 2025, 10:57 Indonesia: Imports Rise Less than Expected.
Indonesia’s imports rose 4.28% yoy to USD 19.33 billion in June 2025, slightly above the 4.14% expansion in the previous month but missing market expectations for a 6.5% increase. Still, it marked the fifth straight month of import growth, ahead of a key trade agreement where Washington lowered the threatened U.S. tariff rate to 19% from 32%, finalized just before the August 1 deadline. Non-oil and gas imports picked up sharply (12.07% vs 5.44% in May) to USD 17.11 billion. On the other hand, oil and gas imports tumbled (-32.07% vs -3.8%) to USD 2.22 billion, dragged by lower purchases of crude oil (-48.27%) and oil products (-23.56%). By country, imports grew from China (27.36%), the U.S. (38.13%), Japan (3.10%), Taiwan (43.25%), and Australia (13.99%). Purchases from ASEAN countries also rose 10.07%. In contrast, arrivals fell from South Korea (-15.49%), India (-1.78%), and the EU (-7.4%). During the first half of the year, imports increased 5.25% to USD 115.94 billion.
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