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The Central Statistics Agency (BPS) recorded Indonesia's export at US$14.93 billion in October, or up by 5.92 percent from September.
Luhut Binsar Pandjaitan lifted the ban on nickel ore exports from corporations that were initially suspected to have violated the export quota ban.
Indonesia supplies 200,000 fishery products to China, just five percent of their total market demand.
Minister Luhut revealed that the data on nickel export has been manipulated, causing millions of US dollars in state losses.
Luhut said the policy was issued as there had been a surge of nickel shipment.
(Indef) Director Tauhid Ahmad says that the accelerated export ban on nickel ore will potentially cause new problems.
The processing of nickel ore domestically brings more economic benefits. It could also reduce the current account deficit.
The government decided to start banning nickel ores in 2020, sooner than the initial plan of 2022.
The DPR has urged the government to reduce the import of both consumer goods and raw materials for the national industry
Luhut Binsar Pandjaitan hopes that Indonesia can take advantage from the Indonesia-Africa Infrastructure Dialogue (IAID)
The June 2019 trade balance surplus of US$196.0 million has improved the trade balance deficit in January-June 2019.
The export decline is due to a decrease in the domestic supply of rubber raw materials.
Coordinating Minister Luhut Pandjaitan said the government would immediately finalize the construction project of seven international hub ports.
Chinese manufacturer Compal Group is planning to make investment and open a new factory in Indonesia.
Indonesian Trade Minister Enggartiasto Lukita says that the government is targetting Turkey as the new export hub.
Indonesia managed to become the nation with the largest export among the Organization of Islamic Cooperation (OIC) countries.
National banks began are preparing escrow accounts and special products to accommodate export proceeds (DHE) owned by natural resource exporters.
President Jokowi ordered his cabinet ministers to expedite licensing for export-oriented industries.
Maritime Affairs and Fisheries Minister Susi Pudjiastuti said that Indonesia should be benefitted from the U.S.-China trade war.
The plan is challenged by the high cost of rice production, which is too expensive to generate sizeable profits.