Business & Economy

Russia-Indonesia trade turnover grew by 21.6% in 2025: Official Data

© AP Photo / Vyacheslav ProkofyevRussian President Vladimir Putin, right, and Indonesian President Prabowo Subianto greet each other prior to their talks on the sidelines of the Eastern Economic Forum in Vladivostok, Russia, Thursday, Sept. 3, 2026.
Russian President Vladimir Putin, right, and Indonesian President Prabowo Subianto greet each other prior to their talks on the sidelines of the Eastern Economic Forum in Vladivostok, Russia, Thursday, Sept. 3, 2026. - Sputnik India, 1920, 17.10.2026
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Russia-Indonesia trade turnover reached $4.84 billion at the end of 2025, an increase of 21.6% compared with 2024, Indonesia's coordinating ministry for economic affairs has reported.
The figures were cited following a meeting between the head of the ministry, Airlangga Hartarto, and Russia's First Deputy Prime Minister Denis Manturov, held on Friday in the Indonesian city of Bogor. In 2024, bilateral trade amounted to $3.98 billion.
"Indonesia and Russia possess great potential for further strengthening mutually beneficial economic cooperation. We intend to promote increased trade and investment, expand partnerships between business circles and ensure the transition from existing cooperation opportunities to concrete steps that benefit both countries," Hartarto said.
The main items of Indonesian export to Russia are palm oil, coffee, cocoa and agricultural products. Russia, in turn, supplies Indonesia with, in particular, fertilisers.
In addition, the parties discussed expanding direct links between enterprises, developing industrial potential, as well as prospects for cooperation in the aviation industry and shipbuilding. The meeting participants paid separate attention to the free trade agreement between Indonesia and the Eurasian Economic Union.
Earlier, Russia's Deputy Minister of Industry and Trade Alexei Gruzdev told Sputnik that the free trade agreement between the Eurasian Economic Union and Indonesia could enter into force before the end of the year.
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