According to Indonesia’s Central Statistics Agency (BPS), the country’s iron and steel exports showed strong growth in the period from January to October 2025. The total export value reached USD 23.58 billion, up 12.12% year-on-year compared to USD 21.03 billion in the same period of 2024, making iron and steel one of the key contributors to the nation’s non-oil and gas export performance. This increase accounted for about 10.57% of total Indonesian exports. In addition to rising export value, the volume of iron and steel exports also increased significantly, from 17.25 million tons in January-October 2024 to 19.50 million tons in the same period in 2025, reflecting strong international demand for Indonesian iron and steel products.
BPS also reported that Indonesia’s trade balance continued to show a positive trend through October 2025, with a cumulative surplus driven especially by non-oil and gas sectors. During this period, the overall trade surplus expanded compared to the previous year, supported by increased exports in manufacturing sectors, including iron and steel. China, the United States, and India remained Indonesia’s top export destinations, together contributing a significant portion of total non-oil exports. The strong performance of iron and steel exports, alongside other key commodities, helped sustain the country’s export growth and trade surplus amid global economic uncertainties.
