FX.co ★ Indonesia Export Growth Hits 4-Month High

Indonesia's exports experienced an 11.29% increase year-on-year, reaching USD 23.44 billion in June 2025. This growth marks the most significant expansion since February, although it came in slightly below market predictions of 12.2%. The rate of growth accelerated from 9.68% in May as factories expedited shipments during a 90-day halt on new US tariffs announced by the Trump administration. Recently, the United States and Indonesia finalized a trade agreement, resulting in Indonesia consenting to a reciprocal tariff rate of 19%, reduced from a previously anticipated 32%.