Indonesia faces a 19 per cent tariff to enter the US market, Budi\nsaid. However, about 1,819 Indonesian tariff lines will receive a 0%\nimport duty under the new agreement.<\/p>\n
\u201cExports should increase. Several of our leading commodities now\nenjoy zero per cent tariffs, so logically shipments to the US should\nrise,\u201d Budi said in Jakarta on Friday.<\/p>\n
The minister said he hopes the ratification process for the Agreement\non Reciprocal Trade can be completed this year, enabling prompt\nimplementation and providing certainty for exporters.<\/p>\n
\u201cI think ratification can be finalised this year, as it\u2019s still\nearly,\u201d he said, adding the pact will take effect 90 days after\nratification and should be accelerated.<\/p>\n
Commodities eligible for zero tariffs include palm oil, coffee,\ncocoa, spices and rubber, as well as electronics components such as\nsemiconductors and aircraft parts.<\/p>\n
Indonesia and the US also agreed to apply a zero-tariff scheme for\ntextiles and apparel under a Tariff Rate Quota mechanism.<\/p>\n
The scheme allows a specified volume of Indonesian textile and\ngarment exports to enter the US duty-free, with quotas linked to\nIndonesia\u2019s imports of US raw materials such as cotton and man-made\nfibre.<\/p>\n
From January to December 2025, Indonesia posted a US$21.12 billion\ntrade surplus with the US, driven largely by electrical machinery and\nequipment, knitted apparel and accessories, and footwear.<\/p>\n
Indonesia\u2019s exports to the US reached US$30.96 billion, led by\nmechanical machinery and equipment, vehicles and parts, and iron and\nsteel products.<\/p>\n
Imports from the US totalled US$9.84 billion, mainly mechanical\nmachinery and parts, oilseeds and oleaginous fruits, and electrical\nmachinery and equipment.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesia-sees-us-export-boost-after-trade-pact-1771662018", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }