Trade Surplus Will Still Continue, Economy Minister Says

Minister of Trade Zukifli Hasan visited the Kebon Kembang Market in Bogor City, West Java Province, to inspect the prices of basic commodities.

Indonesian Foreign Affairs Minister Retno Marsudi met with her New Zealand counterpart Winston Peters in Jakarta on Thursday, March 14.

Trade Ministry is convinced that the country's foreign trade performance will surpass that of Vietnam after the completion of IEU-CEPA.

Indonesia and New Zealand discuss increasing trade and Pacific cooperation in their meeting on the sidelines of the ASEAN-Australia Special Summit.

The Trade Ministry recorded Indonesia's trade balance with Egypt stood at a surplus of US$1.17 billion (Rp18.22 trillion) as of December 2023.

The Indonesian government plans to complete various trade negotiations to expand the market's access to global trade.

24th ASEAN-EU Ministerial Meeting, held in Brussels, Belgium, on Feb 2, agreed to further intensify trade and investment relations between countries

The government is developing the Lake Ranau Tourism Thematic Market in West Lampung, Indonesia to boost trade transactions in Lampung.

In March, the ministry destroyed 18,250 pieces of used imported clothing, shoes, and bags in Pekanbaru, Riau with a total value of Rp10 billion.

Indonesia's Ministry of Trade has set this year's target for export value to China at US$65 billion to US$70 billion.