Indonesia plans to significantly increase palm oil exports to the European Union (EU) in the second half of 2025. According to Febrio Kacaribu, Director General of Economic and Fiscal Strategy at the Ministry of Finance, this growth will be driven by the finalized negotiations of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA). The agreement is expected to strengthen market access for palm oil exports, turning the commodity into a key driver for Indonesia’s export growth during this period.
The IEU-CEPA, which concluded after nearly a decade of negotiations, coincides with the U.S. decision to lower import tariffs on Indonesian goods, creating new momentum for international trade. Febrio noted that the deal will also open up investment flows from the EU into Indonesia. Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed the agreement’s conclusion during his visit to Brussels, marking a significant milestone in Indonesia’s international trade and investment strategy.
