The Indonesian government is actively exploring the potential to expand exports to alternative markets, including ASEAN+3, BRICS, and Europe, amidst the U.S. import tariff policy. According to the Financial System Stability Committee (KSSK), Indonesia's economic growth in the first quarter of 2025 is expected to remain positive despite global uncertainties. Domestic consumption is robust, supported by government spending on Holiday Allowances (THR), social programs, and various incentives, as well as increased demand during the Idulfitri celebrations. Additionally, the continuation of National Strategic Projects (PSN) and increased private construction activity are projected to further boost investment performance.

Exports are also expected to remain strong, particularly in non-oil and gas sectors, with March 2025 seeing an increase in exports of commodities such as CPO, steel, and electrical machinery. Indonesia’s economy is projected to grow around 5% in 2025. Meanwhile, the rupiah exchange rate has been well-managed, supported by Bank Indonesia’s stabilization policies amidst rising global financial uncertainty. The rupiah strengthened slightly in late April 2025, reflecting the effectiveness of interventions to stabilize the currency. Inflation remains low, with the Consumer Price Index (CPI) increasing by only 1.03% year-on-year in March 2025. Going forward, inflation is expected to stay within the target range of 2.5±1% in 2025 and 2026.

Source:
https://www.bisnisbali.com/2025/04/27/3090/pemerintah-perluas-ekspor-ke-pasar-alternatif.html