Indonesia's Export Market Improves

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Indonesia’s export market saw an overall improvement in February compared to the previous month. Exports of 17 out of Indonesia’s 24 commodities saw increases in February, bringing in over 10 billion US dollars, an increase of almost 9% on January. Looking at the main markets that Indonesia exports to, exports to China and Japan both rose, by around 7% and 5% respectively. Exports to the US fell by around 7%, however. The figures show a decline in exports compared to this time last year, however, by about 10%. The Indonesian government hopes that the recent upturn in exports will help to reverse this negative trend. Most of these sales take place offline, but the proportion taking place online is increasing. The Indonesian ecommerce market is growing rapidly and is expected to be worth 4.5 billion US dollars in 2016. 

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