Business & Economy

Russian-Indonesian Trade Surges 18% in 10 Months: Kremlin

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MOSCOW (Sputnik) - Trade between Russia and Indonesia increased by almost 18% from January to October of this year, reaching $3.6 billion, Russian Industry and Trade Minister Anton Alikhanov said on Monday.
"Over the past five years, trade between our countries has grown by 80%, reaching $4.3 billion in 2024. This positive trend has continued: from January to October 2025, mutual trade increased by almost 18%, reaching $3.6 billion. Remarkably, industrial products account for approximately 40% of this volume," Alikhanov said, as quoted by the ministry.
Trade between Russia and Indonesia has deep roots, stretching back to the Soviet era, when the foundations of economic and diplomatic engagement were first established. After the dissolution of the Soviet Union, both countries worked to rebuild and expand their commercial ties, moving beyond traditional exchanges of raw materials.
Through the 2000s and 2010s, their cooperation diversified into energy, mining, agriculture, aviation, and infrastructure, supported by a series of bilateral agreements and joint ventures. Indonesia’s rising demand for energy and fertilizers aligned well with Russia’s industrial capacity, while Indonesian palm oil, rubber, coffee, and manufactured goods steadily gained space in the Russian market.
In recent years, this relationship has evolved into broader strategic cooperation shaped by shifting global trade routes and geopolitical dynamics. Against this backdrop, trade has continued to grow, and the latest figures reflect that momentum: from January to October this year, Russia–Indonesia trade increased by nearly 18%, reaching $3.6 billion, according to Russian Industry and Trade Minister Anton Alikhanov.
This surge highlights the resilience and expanding scope of their economic partnership, driven by energy supplies, fertilizers, raw materials, and new commercial opportunities emerging between the two nations.
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