Indonesia is intensifying its export strategy by targeting Africa as a promising non-traditional market. In 2024, Indonesia’s exports to the region reached approximately USD 6.3 billion, driven primarily by palm oil and animal fats, which accounted for 50.1% of total exports. Other key commodities include paper, cardboard, and automotive products. The Indonesian Eximbank (LPEI) is actively supporting this expansion through the “Coaching Program for New Exporters” (CPNE), while Bank Mandiri is assisting with the Special Export Assignment (PKE Kawasan) to fund trade with high-risk but high-potential regions.
On June 24, 2025, LPEI hosted a meeting with seven Indonesian ambassadors to African nations to enhance economic diplomacy and market access. These efforts align with Indonesia’s broader goal of boosting competitiveness in global markets by strengthening collaboration between government institutions and the private sector. Africa is seen as a strategic region due to its growing openness and long-standing positive bilateral ties with Indonesia.
