Indonesia Strengthens Trade with Uganda, Eyes Export Opportunities
The Indonesian government is committed to bolstering trade ties with Uganda, particularly in the export of vegetable oil, stainless steel, and glass. Deputy Minister of Trade Dyah Roro Esti Widya Putri emphasized that despite the current trade deficit, the country sees it as an opportunity to explore its export potential. Indonesia's exports to Uganda totaled $8.4 million in the first quarter of 2025, while imports from the East African country reached $44.3 million during the same period.
Key Takeaways:
- The Indonesian government is committed to strengthening trade with Uganda, with a focus on exports of vegetable oil, stainless steel, and glass.
- The country's trade balance with Uganda is currently in deficit, with total imports reaching $44.3 million in the first quarter of 2025.
- Indonesia's exports to Uganda totaled $8.4 million in the first quarter of 2025.
- The Trade Ministry is encouraging micro, small, and medium enterprises (MSMEs) to expand market access and increase exports, which contribute 15.7 percent to total exports.
- The Indonesian government targets to increase exports by 7.1 percent to $294.45 billion this year and by 9.64 percent to $405.69 billion by 2029.
Statistics:
- Indonesia's imports from Uganda reached $44.3 million in the first quarter of 2025.
- Total exports to Uganda from Indonesia were $8.4 million in the first quarter of 2025.
- MSMEs contribute 15.7 percent to total exports.
- The Indonesian government targets to increase exports by 7.1 percent to $294.45 billion this year.
- The government aims to boost exports by 9.64 percent to $405.69 billion by 2029.
Sources:
- ANTARA, Expert: Dyah Roro Esti Widya Putri (2023)
- Indonesian Ministry of Trade, Statistics on Exports and Imports (2025)
- World Bank, Uganda Overview (2022)