Statistics Indonesia (BPS) recorded that Indonesia’s largest trading partners for the January-November 2025 period were China with a value of US$58.24 billion, followed by the United States with US$28.14 billion, and India with US$16.44 billion.
“Because the US is Indonesia’s second-largest trading partner, we want to finalize the trade agreement in early 2026,” said Haryo Limanseto, spokesperson for the Coordinating Ministry for Economic Affairs, when contacted from Jakarta on Thursday.
He expressed optimism that the agreement would have a significant impact on the national economy.
Detailed legal drafting and a final review of the document -known as legal scrubbing- are scheduled for January 12–19 in Washington, D.C.
Negotiating teams from both nations aim to finalize the Agreements on Reciprocal Trade (ATR) document by the third week of January.
“The negotiating team plans to travel to the US later this week for the legal drafting and legal scrubbing process,” Limanseto added.
The agreement is targeted for signature by Indonesian President Prabowo Subianto and US President Donald Trump at the end of January 2026.
Coordinating Minister for Economic Affairs Airlangga Hartarto stated that all substantive issues have been agreed upon in principle.
Indonesia is committed to opening market access for US products, addressing non-tariff barriers, and strengthening cooperation in digital technology and national security.
In return, the United States is committed to providing tariff exemptions for several of Indonesia’s leading export products, including palm oil, cocoa, coffee, and tea.
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Translator: Arie Novarina
Editor: Primayanti
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