The largest economy in Southeast Asia accumulates goods from China due to tariff risks.
Recent data shows that Indonesia has the smallest trade surplus in the last five years due to active imports of goods from China and other countries. Imports grew by 22%, while exports only increased by 5.8%. The rising demand for capital goods, raw materials, and consumer goods has been one of the factors behind this phenomenon.
The largest increase in imports occurred from China, which is the country's biggest trading partner. There is also a noticeable rise in imports from Japan and Singapore. Experts believe that this trend may continue due to tariff-related risks and weak export demand from Indonesian producers.
Overall, this situation reflects the complexities of international trade and the efforts of companies to mitigate risks associated with rising tariffs in the global economy.
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