- 11 months ago
Badan Pusat Statistik mencatat, neraca perdagangan Indonesia kembali mencetak surplus sebesar USD3,45 miliar pada bulan Januari 2025. Surplus neraca perdagangan didukung kinerja ekspor yang mencapai USD21,45 miliar, berbanding dengan impor sebesar USD18 miliar. Dengan demikian, Indonesia mencatatkan surplus neraca perdagangan selama 57 bulan beruntun sejak Mei 2020 lalu.
Adapun nilai ekspor Indonesia disepanjang Januari 2025 tercatat USD21,45 miliar atau turun 8,56% dibandingkan Desember 2024 sebesar USD23,46 miliar. Namun nilai ekspor secara tahunan masih positif, naik 4,68% dibanding Januari 2024 sebesar USD20,49 miliar.
Sementara itu, nilai impor di bulan Januari 2025 mencapai USD18 miliar atau turun 15,18% dibanding Desember 2024 yaitu USD21,22 miliar. Sedangkan jika dibandingkan Januari 2024 atau year on year, kinerja impor juga tercatat turun sebesar 2,67% atau USD18,5 miliar.
Adapun nilai ekspor Indonesia disepanjang Januari 2025 tercatat USD21,45 miliar atau turun 8,56% dibandingkan Desember 2024 sebesar USD23,46 miliar. Namun nilai ekspor secara tahunan masih positif, naik 4,68% dibanding Januari 2024 sebesar USD20,49 miliar.
Sementara itu, nilai impor di bulan Januari 2025 mencapai USD18 miliar atau turun 15,18% dibanding Desember 2024 yaitu USD21,22 miliar. Sedangkan jika dibandingkan Januari 2024 atau year on year, kinerja impor juga tercatat turun sebesar 2,67% atau USD18,5 miliar.
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TVTranscript
00:00Indonesia's Economic Movement
00:20Hello viewers, how are you today?
00:22Back again with me, Prasetya Wibowo
00:24in the Market Review program
00:26which will discuss the issues
00:27that are the driving force of Indonesia's economy
00:29You can watch our live streaming
00:31at idxchannel.com
00:33Let's start the Market Review
00:45Indonesia's trading volume
00:47hit a surplus in January 2025
00:50of US$3.45 billion
00:54Even though it hit a surplus for 57 months
00:58the trading surplus
01:00is still imaginable
01:01with a decrease in export
01:03and monthly import
01:06The trading volume
01:08recorded a surplus
01:10of US$3.45 billion
01:14or increased to US$1.21 billion
01:18per month
01:20Therefore,
01:21Indonesia's trading volume
01:24recorded a surplus
01:26for 57 consecutive months
01:29since May 2020
01:33The surplus in January 2025
01:37was supported by a surplus
01:40in non-BGAS commodities
01:46The Indonesian Central Bank
01:48recorded a surplus
01:50of US$3.45 billion
01:53in January 2025
01:56The trading surplus
01:58was supported by an export surplus
01:59of US$21.45 billion
02:02compared to an import
02:04of US$18 billion
02:06Therefore,
02:07Indonesia recorded a trading surplus
02:09for 57 consecutive months
02:11since May 2020
02:14The Indonesian export value
02:16throughout January 2025
02:18recorded US$21.45 billion
02:21or decreased by 8.56%
02:23compared to December 2024
02:25at US$23.46 billion
02:28However, the export value
02:29was still positive
02:30at 4.68%
02:32compared to January 2024
02:34at US$20.49 billion
02:37Meanwhile,
02:38the import value in January 2025
02:40reached US$18 billion
02:42or decreased by 15.18%
02:44compared to December 2024
02:46at US$21.22 billion
02:49Meanwhile,
02:50compared to January 2024
02:51or year-on-year,
02:52the import value
02:53also decreased by 2.67%
02:56Jakarta Tim Leputan, IDX Channel
03:20The trading surplus
03:22continued in the last few months
03:25recorded in January
03:27increased compared to December 2024
03:30from US$2.24 billion
03:32to US$3.45 billion
03:36Next,
03:37let's see how Indonesia's trading surplus
03:39in January
03:41was supported by an export value
03:43of US$21.45 billion
03:45while the import value
03:46was US$18 billion
03:48The trading surplus
03:49was US$3.45 billion
04:00To discuss our topic this time,
04:02the trading surplus
04:03in January 2025
04:05We have connected through Zoom
04:07with Mr. Roni Sasmita
04:09He is a senior analyst
04:11at Indonesia Strategic and Economic Action Institution
04:14Hello Mr. Roni, how are you?
04:16Hello, how are you?
04:18I'm good, thank you Mr. Roni
04:20for your time
04:22We also have Mr. Handito Jiwono
04:24Head of National Export School
04:26and the Director of Education,
04:28Education and Export Development
04:30of Indonesia GAPEI
04:34Hello Mr. Handito, how are you?
04:36I'm good, how are you?
04:38Thank you for your time
04:40Before discussing further,
04:41Mr. Roni,
04:42let's see how the trading surplus
04:44in January 2025
04:46was US$3.45 billion
04:49It's higher, around US$1.21 billion
04:52compared to December 2024
04:54It's also higher, US$1.45 billion
04:56compared to January 2022
04:59Is this condition
05:01in line with your own economic consensus?
05:07Yes, Mr. Roni
05:09In my opinion,
05:12from my point of view,
05:14some observations from my friends
05:16This is not too different
05:18from our prediction
05:21and not too different
05:23from our export habits
05:25at the beginning of the year
05:27There is indeed a slight difference
05:29with 2004 compared to 2003
05:32that our export fell
05:34compared to 2003 in January
05:36Meanwhile, compared to January 2024
05:39in 2025, we are up by 4%
05:43But compared to December,
05:45the decline is quite big, 8%
05:48But, like before,
05:51the logic is that
05:52the surplus that we get
05:54every month on average
05:56is because the import is much lower
05:59than the export
06:01So, the gap between export and import
06:05is created because the import
06:07fell much bigger
06:09as the data that we saw earlier
06:12But for the structure,
06:14according to our prediction,
06:16there is a decline at the beginning of the year
06:19for minerals such as coal
06:23So, at the beginning of the year,
06:25it's a normal habit
06:27But there is hope
06:30in 2025
06:32Compared to last year,
06:36we are much better
06:37So, the trend and expectations
06:40are quite promising for the future
06:43even though the geopolitical challenges
06:45are still very heavy
06:47Internally, the domestic supply chain
06:49is also still very heavy
06:50to support our export
06:52That's all from me
06:53Okay, there are still challenges
06:55from the internal side
06:56What do you see?
06:57Compared to our current surplus trade,
07:00is it still colored by the decline
07:02in export and import?
07:05Yes, I do see
07:07something that
07:09hopefully can give hope in the future
07:11If we look at the January record
07:14in 2025,
07:16the increase in export
07:19compared to January last year
07:22is bigger than import
07:25So, we still see
07:27the ability to grow even bigger
07:30And compared to December,
07:33the export has decreased
07:34But it's a cycle
07:35In December, the export
07:37is usually to restaurants
07:40But for sure,
07:41if we look at
07:43from 2024 to 2025,
07:45there is a positive trend
07:46There is also something
07:48in the breaking news yesterday
07:50from Istana
07:52The President, Mr. Prabowo
07:55announced that
07:57there will be a new DHI on March 1
08:00For exporters,
08:02it is sometimes considered as something
08:04that reduces their spirit
08:06But from what I see,
08:07this means that the government
08:09is giving a lot of attention
08:11and a lot of hope to Indonesia's export
08:13That's why the DHI was asked
08:15to be held longer
08:17and more comprehensive
08:19I hope that
08:21from there,
08:22after the government
08:24gets something from the DHI,
08:26there will be an export incentive
08:28An export incentive that will be bigger
08:30and moreover, for the exporters
08:33So, from what I see,
08:34the start of the year signal is positive
08:36But the momentum has to be accelerated
08:40The government needs to give initiatives
08:42related to the development of exports
08:45especially the export that is not big yet
08:48outside of the DHI
08:51We encourage this
08:52If we can do this,
08:54I see that the momentum will be really good
08:58Okay, I understand
08:59If we talk about the trigger factor,
09:01the surge again
09:03when the trade surplus
09:05in January this year
09:06What can you see?
09:09If we look at the trigger,
09:11we still see the tendency of the community
09:18Coincidentally, yesterday
09:20I was walking around in several cities in East Java
09:23I met one of the businessmen
09:26whose orientation is export
09:28but he imports more now
09:30This is spices, spices
09:33He still has to import from several countries
09:36the raw materials
09:38I said, if this is in the export depot,
09:40we are pushing for export
09:42Give a list of products in spices
09:45and agricultural products in Indonesia
09:46Let's list them one by one
09:48He said, these are the dozens
09:51Indonesia can still compete
09:53Good and good against Taiwan, Vietnam
09:56He said only three
09:58That's galangal, turmeric, and white pepper
10:03Others, we are tired of this
10:05I see this as something
10:08that we have to correct
10:10I said, not three
10:12There will be a reduction in the future
10:14Why?
10:15Because they do it in an integrated way
10:18How agricultural development is developed well
10:21which manages the development of export
10:24is pushed well
10:26so that the productivity is higher
10:30Not only in agricultural products
10:32but also in the management of agricultural products
10:34This is similar to Indonesia
10:36We are ahead, but we are left behind
10:38I see this phenomenon
10:40which we have to develop in the future
10:43I hope that the DHA
10:46can give incentives for export
10:48to focus on certain products
10:52that we have the ability to produce
10:54but we have to develop them
10:56Okay, Mr. Ahan
10:58Mr. Lonnie, if we talk about our surplus supporters
11:01January 2025 export
11:03reached 21.45 billion dollars
11:05It dropped by 8.56%
11:07compared to December 2024
11:10or man-on-man
11:12compared to January
11:14it rose by 4.68%
11:17Is the realization of export efficiency
11:20still under control
11:22due to geopolitical conditions
11:24and global price war, Mr. Lonnie?
11:29Yes, the first thing is
11:31the increase of 4.7%
11:34is still under economic growth
11:36that we get
11:37We hope it can reach
11:39the same minimum economic growth
11:41so that we can expect
11:43the contribution to be quite contributive to growth
11:46The second thing is about the structure
11:50we see
11:51the majority is still from
11:54extractive industry
11:56especially mining
11:58The second is manufacturing
12:00Our manufacturing is still at the medium level
12:05not too high
12:06because this is the character of developing countries
12:08emerging markets
12:10bringing food, footwear, and textiles
12:13is very traditional
12:15This is also our challenge in the future
12:18not only geopolitics
12:19If geopolitics is already in season
12:22if there is a change in America
12:24we have to accept it
12:26especially if Donald Trump
12:28and the character of a kind of leader
12:30Donald Trump who is more protectionist
12:32and nationalist
12:34the price is the weapon
12:35it's been like that for a long time
12:37For me, economic history learning
12:39is not a new thing
12:41in America
12:42this is the cycle
12:43So this geopolitical challenge
12:45will make this trade war
12:48more intense
12:50so that there are challenges
12:52and opportunities for Indonesia
12:54when the tariff rises
12:55if it is faced with Indonesia
12:57I was interviewed by
12:59one of the economic media
13:01what if Trump really
13:03create a reciprocal tariff
13:05that means it's mirroring
13:07if Indonesia is high, he will give high
13:09if Indonesia is low, he will give low
13:11so how do we play this trading card
13:15in the current international geopolitical constellation
13:18back to my story
13:20about the structure and model
13:22of our export
13:23which is still supported by the extractive industry
13:26this becomes
13:27in international economic terms
13:29the comparative importance
13:30that we have to take advantage of
13:32as big as possible
13:34Indonesia has a lot of capital
13:36and China needs it
13:37we have to give it
13:38before China really moves to renewable energy
13:41we have to give it
13:42we have to take advantage of it
13:43and like what you said earlier
13:45about DHI
13:46we have to bring this DHI to Indonesia
13:48so don't put it outside
13:50this is first, good for our currency
13:53second, it can be used to spend capital
13:55as much as possible
13:56we don't need to borrow IMF and others
13:59to get the right to buy capital
14:02that's what we have to emphasize
14:04from this structure
14:05the second
14:06indeed
14:07the story from you
14:08about the area that is exported
14:09agricultural goods
14:11agricultural commodity products
14:12whose primary nature
14:13we also have to change
14:15so there is a competitive advantage
14:17until when we
14:21sell the competitive advantage
14:23one day people will also have it
14:25so we have to change
14:26imitate Vietnam
14:27that this primary commodity
14:29this commodity
14:30we have to
14:31downstream
14:32we have to
14:33illustrate
14:34with various criteria
14:36according to our area
14:37so we can
14:38get the market
14:40at a global level
14:41so
14:42this geopolitics
14:43I think we will face it
14:44and we have faced it for 4 years
14:46in the area of Donald Trump
14:48and we are shaking
14:49there
14:50and now we are starting to get used to it
14:51I think
14:52the development that we get in January
14:55we have to maintain the trend
14:57first
14:58the trend surplus
14:59the second
15:00is
15:01the trend
15:02what we export
15:03we have to slowly change it
15:04the first
15:05we take advantage
15:06of our competitive advantage
15:07people are in need of coal
15:09in need of fuel
15:10it's over
15:11it's okay
15:12but
15:13the funds we get
15:14we build
15:15we use
15:16to develop
15:17domestic industry
15:18which is much better
15:19with domestic supply chain
15:20which is very supportive
15:21it's better to export
15:22to be able to support
15:23economic activities
15:25in the country
15:26meanwhile
15:27we know the export non-migas value
15:28which is the export value
15:30in January
15:31is 6.96%
15:33compared to December 2024
15:35we will see
15:36how the contribution
15:38related to economic growth
15:39we will discuss it in the next segment
15:41and viewers
15:42stay with us
15:57Thank you for staying with us
15:59next segment
16:00we will share with you
16:01the data
16:02related to
16:03Indonesia's
16:04export commodity
16:05non-migas
16:06data
16:07per January
16:082025
16:09this is
16:10our export
16:11non-migas
16:12commodity
16:13there are
16:14coal
16:15iron and
16:16then
16:17CPO
16:18coal
16:19we see
16:20in January
16:21the value
16:22is 2.17 billion
16:23USD
16:25however
16:26it goes down
16:27monthly
16:28to
16:2919.33%
16:30and
16:31year-on-year
16:32it goes down
16:33almost 10%
16:34while
16:35iron and
16:36coal
16:37export value
16:38is 2.12 billion
16:39it goes down
16:40monthly
16:4110.41%
16:42while
16:43annual
16:44is
16:457.63%
16:46there are
16:47CPO
16:48and
16:49export value
16:50in January
16:512025
16:52is 1.44 billion
16:53but
16:54the weakness
16:55is quite deep
16:56month-on-month
16:57is 24.1%
16:58while
16:59annual
17:00is
17:0116.68%
17:02and
17:03next
17:04we see
17:05for import
17:06non-migas
17:07commodity
17:08there are
17:09mechanical
17:10equipment
17:11then
17:12electric
17:13equipment
17:14and
17:15plastic
17:16and
17:17plastic
17:18goods
17:19for each
17:20import value
17:21we see
17:22monthly
17:23is
17:2415%
17:25then
17:26electric
17:27equipment
17:28monthly
17:29is
17:300.87%
17:31while
17:32import value
17:33is 2.26 billion
17:34USD
17:35plastic
17:36and
17:37plastic goods
17:38monthly
17:39is
17:400.76%
17:41but
17:42annual
17:43is
17:44still
17:45negative
17:460.71%
17:47and
17:48that's
17:49some data
17:50about
17:51Indonesia
17:52surplus
17:53in January
17:54there are
17:55United States
17:56India
17:57and
17:58Philippines
17:59let's continue
18:00the discussion
18:01with
18:02Mr. Roni Sasmita
18:03and
18:04Mr. Hanito
18:05Juwono
18:06to
18:07respond
18:08to
18:09Mr. Roni's
18:10data
18:11how
18:12do you see
18:13from
18:14some
18:15non-migas
18:16export
18:17and
18:18from
18:19import
18:21is this
18:22a signal
18:23from
18:24government
18:25business
18:26or other
18:27important
18:28activities
18:29economy
18:30or industry
18:31in Indonesia
18:32Mr. Roni?
18:34first
18:35we go to
18:36coal
18:37that's
18:38coal
18:39okay
18:40the habit
18:41at the beginning
18:42of the year
18:43is not too big
18:44first
18:45second
18:46China
18:47at the beginning
18:48of the year
18:49see
18:50a positive
18:51trend
18:52but for
18:53export
18:54usually
18:55at the beginning
18:56of the year
18:57China
18:58is not too
18:59booming
19:00at the beginning
19:01of the year
19:02but
19:03until
19:0410-20 years
19:05ahead
19:06China
19:07will consume
19:08our
19:09coal
19:10until
19:11they can
19:12really
19:13rely on
19:14renewable
19:15energy
19:1630%
19:17now
19:19Donald
19:20Trump
19:21who doesn't
19:22care about
19:23renewable
19:24energy
19:25he immediately
19:26left the
19:27Paris Accord
19:28this
19:29coal market
19:30will be very
19:31prospective
19:32in the future
19:33not only for
19:34Indonesia
19:35but because
19:36Indonesia is
19:37one of the
19:38producers
19:39and the
19:40country that
19:41has a high
19:42coal
19:43reserve
19:44I think
19:45this must
19:46be used
19:47to find
19:48a solution
19:49by the
19:50government
19:51that the
19:52European market
19:53must be
19:54diversified
19:55immediately
19:56one of them
19:57India
19:58is one of
19:59our prospective
20:00markets for
20:01coal
20:02in the
20:03Middle East
20:04Africa
20:05Latin America
20:06also
20:07countries
20:08that do not
20:09produce
20:10a lot of
20:11coal
20:12must be
20:13government
20:14PR
20:15that
20:16is
20:17RFC
20:18and others
20:19so this is
20:20a real trade war
20:21if in the
20:22same community
20:23as the
20:24CPO
20:25so the
20:26community
20:27must immediately
20:28look for
20:29this new
20:30market
20:31this is the
20:32government
20:33PR
20:34because
20:35CPO is
20:36one of
20:37our
20:38comparative
20:39advantage
20:40is quite
20:41high
20:42only we
20:43and Malaysia
20:44have
20:45a lot of
20:46BBM
20:47that has
20:48become
20:49BBM
20:50that burdens
20:51our trade
20:52king
20:53all this time
20:54is one of
20:55BBM
20:56the second
20:57is the
20:58auxiliary
20:59material
21:00this auxiliary
21:01material
21:02because
21:03our
21:04domestic
21:05supply
21:06chain
21:07is not
21:08the same
21:09as
21:10China
21:11if China
21:12produces
21:13everything
21:14depending
21:15on
21:16imports
21:17especially
21:18semi-finished
21:19materials
21:20auxiliary
21:21materials
21:22if the
21:23BBS language
21:24wants
21:25our new
21:26material
21:27but
21:28we still
21:29need
21:30auxiliary
21:31tools
21:32like
21:33auxiliary
21:34materials
21:35from
21:36outside
21:37it's
21:38quite
21:39big
21:40for
21:41our
21:42industry
21:43our
21:44industry
21:45is
21:46going
21:47through
21:48premature
21:49de-industrialization
21:50this
21:51should be
21:52a priority
21:53for the
21:54government
21:55that
21:56this
21:57import
21:58should
21:59not
22:00disturb
22:01the
22:02domestic
22:03industry
22:04how
22:05can
22:06the
22:07government
22:08grow
22:09the
22:10domestic
22:11industry
22:12in
22:13order
22:14to
22:15diversify
22:16and
22:17intensify
22:18to
22:19increase
22:20the
22:21domestic
22:22material
22:23productivity
22:24if we
22:25talk about
22:26export
22:27development
22:28it's
22:29interesting
22:30our
22:31non-big
22:32gas
22:33sector
22:34in
22:35January
22:36is
22:37still
22:38under
22:39pressure
22:40what
22:41do
22:42you think
22:43in
22:442025?
22:45yes
22:46export
22:47development
22:48should be
22:49prioritized
22:50immediately
22:51I'm sure
22:52I'm confident
22:53by
22:54using
22:55suddenly
22:56there's
22:57a big
22:58DHE
22:59fund
23:00the government
23:01will
23:02push
23:03export
23:04because
23:05export
23:06attention
23:07is increasing
23:08and when
23:09pushing
23:10comparative
23:11and
23:12competitive
23:13advantage
23:14we need to
23:15concentrate
23:16on some
23:17products
23:18that we have
23:19that we can
23:20hybridize
23:21I prefer
23:22to use
23:23re-industrialization
23:24because
23:25the
23:26industrialization
23:27is already
23:28down
23:29so we
23:30have to
23:31re-industrialize
23:32the
23:33products
23:34that
23:35we saw
23:36CPO
23:37down
23:38steel
23:39down
23:40it's okay
23:41just let it
23:42down
23:43as long as
23:44it's not
23:45continuous
23:46but
23:47it has to
23:48be a momentum
23:49to
23:50build
23:51industrialization
23:52especially
23:53in
23:54agriculture
23:55farms
23:56fisheries
23:57we need
23:58incentives
23:59we need
24:00push
24:01for development
24:02because
24:03there's
24:04a
24:05concentration
24:06on energy
24:07there's
24:08a
24:09signal
24:10if I see
24:11a positive
24:12signal from
24:13the country
24:14that we
24:15want to
24:16do
24:17delirization
24:18or
24:19re-industrialization
24:20we just
24:21need to
24:22focus
24:23back to
24:24your experience
24:25I was
24:26talking to
24:27Vietnam
24:28they
24:29gave
24:30push
24:31to
24:32fix
24:33agriculture
24:34then
24:35fix
24:36industrialization
24:37Indonesia
24:38that
24:39was
24:40raw material
24:41agriculture
24:42if we
24:43can improve
24:44it well
24:45industrialization
24:46will
24:47definitely
24:48enter
24:49European and
24:50American markets
24:51it depends
24:52on our
24:53will
24:54it depends
24:55on our
24:56commitment
24:57I'm sure
24:58if the
24:59government
25:00and the
25:01entrepreneurs
25:02can
25:03work together
25:04to develop
25:05re-industrialization
25:06and
25:07agriculture
25:08then
25:09it has
25:10a big
25:11potential
25:12now
25:13the question
25:14is
25:15do we
25:16want to
25:17do that
25:18I'm sure
25:19if the
25:20government
25:21wants
25:22I hope
25:23we all
25:24want to
25:25do that
25:26what
25:27strategy
25:28do we
25:29need
25:30to
25:31prepare
25:32to
25:33ensure
25:34that
25:35we
25:36can
25:37do
25:38that
25:39we
25:40can
25:41do
25:42that
25:43we
25:44can
25:45do
25:46that
25:47we
25:48can
25:49do
25:50that
25:51we
25:52can
25:53do
25:54that
25:55we
25:56can
25:57do
25:58that
25:59we
26:00can
26:01do
26:02that
26:03we
26:04can
26:05do
26:06that
26:07we
26:08can
26:09do
26:10that
26:11we
26:12can
26:13do
26:14that
26:15we
26:17can
26:18do
26:19that
26:20we
26:21can
26:22do
26:23that
26:24we
26:25can
26:26do
26:27that
26:28first
26:29we
26:30don't
26:31have
26:32any
26:33from Japan, Korea, Taiwan, Germany, or America.
26:37We have to increase the contribution of export to economic growth.
26:41We can't do it without it.
26:42If we look at China,
26:44China has grown because of its two main sectors.
26:47Foreign direct investment,
26:49which aims to export.
26:51So with a very large export,
26:53China has the largest deficit in the world today.
26:56Because of export, we can't get dollars,
26:58we can't get foreign currency,
27:00only with two ways.
27:01The first is export,
27:02the second is debt.
27:03Debt to the IMF.
27:05Because our rupiah doesn't exist abroad.
27:07So for international transactions,
27:08we need dollars,
27:09we need international currency.
27:11What we get is also through export.
27:12So this is a note for the government.
27:14If the government wants Indonesia to move fast in 2025,
27:19this export must be increased.
27:21First, to accelerate industrialization,
27:25as you said earlier,
27:26because the domestic industry is difficult to move forward.
27:30The fastest-moving industry is the export-oriented industry.
27:33Because the market is competitive,
27:35we compete with various countries.
27:37So every export-oriented company
27:39will definitely increase its research costs,
27:43increase its innovation and creativity
27:45to compete globally.
27:47So this export,
27:49first, it must become the government's priority.
27:52We have to shift.
27:54We are grateful that we have a large domestic consumption,
27:58but we can't depend on it forever.
28:01Because we will experience a domestic supply chain decay,
28:05as they experienced.
28:07The domestic supply chain deteriorates
28:10because it depends on imports.
28:12Because imports are cheaper.
28:14Why are imports cheaper?
28:15Because they prioritize consumers.
28:17Consumers have to be cheap.
28:19It doesn't matter where the production is.
28:21The important thing is that consumers are happy.
28:23This has a negative effect.
28:25So we have to shift.
28:26Investments and exports have to make a big contribution
28:29to economic growth.
28:31If it's big,
28:33more jobs will be created.
28:35The quality of jobs will be much higher.
28:37That's the first.
28:38The second,
28:39as you said earlier,
28:41I also agree that
28:42we have to make the most of the comparative advantage.
28:46In the middle of the road,
28:47we have to increase the competitive advantage.
28:50So we don't have to depend on the CPO,
28:53the coal,
28:54we have to prioritize.
28:55And we have to choose one and a few
28:57that we have to prioritize.
28:59In automotive,
29:00maybe we've already lost.
29:01We have to look for something else.
29:02Maybe in the battery sector,
29:03Mr. Luhut wants to be in the battery sector.
29:05Okay, let's do it.
29:06But let's do it the best.
29:08Or look for other sectors.
29:10That's the most important thing.
29:11The third,
29:12diversification of the market.
29:14I have to think about this.
29:16We can't depend on our primordial market,
29:18America, China,
29:20Europe.
29:21The world is wide.
29:22We have to do economic diplomacy.
29:23Not just political and geopolitical diplomacy.
29:25That's what we have to do.
29:27Those are a few things that we have to do.
29:30Be part of the effort
29:32to maintain export energy,
29:34and importation that is maintained well.
29:38Mr. Hanlito,
29:39how do you see it?
29:41Do we have to optimize the domestic market,
29:43or do we still have to look for markets abroad?
29:45Even though,
29:46in terms of competitiveness,
29:47we still have to increase the competitiveness of Indonesia.
29:51Yes, I think
29:53this is related to the policy of the Ministry of Trade.
29:56Our Ministry of Trade,
29:57Dr. Budi Santoso,
29:59has three priority programs.
30:01Maintaining domestic markets.
30:03Two, increasing market access.
30:06And the third,
30:07MSMEs can export.
30:08Of the three programs,
30:09it's very obvious
30:10that two of them are
30:12we move forward.
30:14Expansive.
30:15We go abroad.
30:17What does it mean?
30:18I really appreciate
30:20what the Ministry of Trade is doing
30:22that focuses on developing export
30:24even stronger.
30:25And he invites various parties.
30:27In the middle of efficiency,
30:29budget,
30:30he can still do activities
30:32that give opportunities
30:35to various parties to be active.
30:37We need to support this.
30:39If it's already maximized
30:41in the Ministry of Trade,
30:43but if there is no export,
30:45it can't be.
30:46I agree with what Mr. Roni said.
30:48It's time
30:50to build an industry
30:52based on export.
30:54I really hope
30:56that the use of MSMEs
30:58will be used
30:59to increase the capacity
31:01of the industry in Indonesia to export.
31:03Building competitive advantage
31:05by industrialization
31:07must be done.
31:08This industrialization
31:09must start
31:10by building humans.
31:12We are already exhausted.
31:1414 years ago,
31:16in the same month,
31:17the National Entrepreneurship Movement was founded.
31:19I was the head of the Entrepreneurship Coordination Team
31:22at Kemenko Preekonomian.
31:23After 14 years,
31:24I saw a lot of entrepreneurs,
31:25but most of them are traders.
31:27And traders are more...
31:29It's not good anymore.
31:30Import.
31:31We have to change this.
31:32We need to mold
31:33new industrialists
31:35who then...
31:36I think the government is sure
31:38I want to facilitate
31:40so they can orient themselves to export markets.
31:41So we need to build
31:43new industrialists
31:45who orient themselves to export markets.
31:47Yes, those are some of the points
31:48that need to be done
31:49to create new entrepreneurs,
31:51Indonesian entrepreneurs
31:53who are still young,
31:54who are still enthusiastic
31:55to build this country
31:56through business in Indonesia.
31:59Mr. Andito, Mr. Ronny,
32:00thank you very much
32:01for the update, information,
32:02and analysis
32:03delivered to the audience today.
32:05Good luck with your activities.
32:07Stay healthy.
32:08See you again.
32:09Stay healthy.
32:11Yes, viewers,
32:12don't leave your seat
32:13because in a moment
32:14we will return
32:15with another interesting topic
32:16related to 100%
32:17export revenue deficit
32:19that must be stored
32:20in the country
32:21for 12 months.
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