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exports
Sand exploitation through seabed mining practices has raised concerns, with the Maritime Affairs and Fisheries Ministry warning that sand exports should not be pursued arbitrarily at the expense of environmental damage.
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Policy on Sea Sand Exports Draws Public Ire
Sand exploitation through seabed mining practices has raised concerns, with the Maritime Affairs and Fisheries Ministry warning that sand exports should not be pursued arbitrarily at the expense of environmental damage.
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Indonesia Records Surplus in Trade with G20 Countries
Based on BPS data, in the last two years, Indonesia has recorded a trade balance surplus with the United States, India, the European Union, Japan, Italy, Turkey, Mexico, South Korea and the United Kingdom.
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Boosting Exports Despite Economic Slowdown
The government is striving to boost exports amid a global trade and economic slowdown. Industrialists are under the pressure of high inflation, rupiah depreciation and interest rate increase.
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Government Bans Exports of Cooking Oil Raw Materials
The President announced the ban on the export of cooking oil and its raw materials at the State Palace in Jakarta on Friday (22/4/2022), after leading a meeting on the people's basic needs.
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Indonesia Boosts Economic Diplomacy amid Pandemic
Indonesia continues to strengthen its economic diplomacy to support the country鈥檚 recovery efforts in the midst of the COVID-19 pandemic.
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Revive Exports
Despite the trade surplus, overall exports declined in May due to Covid-19. Comparative advantage needs to be utilized to promote trade.
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Improve Negotiation and Investment
Global trade is growing slowly, filled with competition and protectionism. Indonesia must strengthen its negotiation strategy and high value-added export-based investments.
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