TheJakartaPost
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Despite ongoing trade talks in view of Trump's looming tariffs, the United States still contributed the most to Indonesia’s surplus in the January-May period this year, even jumping 31 percent to $7.08 billion compared to last year's figure.
According to a report released by the Centre for Strategic and International Studies (CSIS) on Friday, Indonesia’s green industry policies remain focused on technical and supply-side measures like energy efficiency and emission cuts, while market demand, financing and investment support are still limited.
Exports from Indonesia’s manufacturing and agriculture sectors have seen strong growth thanks to a considerable boost from crude palm oil (CPO) and machinery, but the mining industry has suffered a sharp annual decline.
Shipments of key Indonesian export commodities including iron and steel as well as crude palm oil (CPO) declined sharply in January, and economists project worse to come as higher US import tariffs hit global trade.
