Business News
Indonesia-Eurasia Cooperation Seen as Key to Export Diversification
Indonesia’s collaboration with the Eurasian Economic Union (EAEU) is being positioned as a critical step toward diversifying the country’s export markets beyond traditional destinations. The partnership, which is still under negotiation, is expected to open access to new customer bases and reduce dependence on established markets such as China and…
Indonesia's Essential Oil Exports Reach 8th Place in the World
Indonesia has emerged as the 8th largest exporter of essential oils globally, contributing 4.12% to the international market. With 40 out of the world's 97 known essential oil plants growing in its diverse ecosystems, and 25 already cultivated commercially, Indonesia has solid potential in this industry. In 2024, the country…
UMKM Export Transactions Reach IDR 1.4 Trillion through Business Matching
The Indonesian Ministry of Trade reported that micro, small, and medium enterprises (MSMEs) secured export transactions worth USD 87.04 million (approximately IDR 1.4 trillion) during the first half of 2025 through its business matching programs. This figure includes confirmed purchase orders worth USD 52.70 million and potential deals valued at…
Indonesia Increases Number of Fisheries Companies Approved for Export to These Three Countries
Indonesia, through the Ministry of Marine Affairs and Fisheries (KKP), has successfully expanded the number of fisheries companies approved to export to Vietnam, South Korea, and Canada. A total of 34 new fish processing units (UPI) received approval: 20 for Vietnam, 8 for South Korea, and 6 for Canada. This…
