Indonesia’s non-oil and gas exports to the five major BRICS nations reached 84.37 billion USD in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).
A screenshot of President Prabowo Subianto (left) at the Indonesia-Brazil business forum in Rio de Janeiro, Brazil, on November 17. (Photo: ANTARA)
Jakarta (VNA) – Indonesia’s non-oil and gas exports to the five major BRICS nations reached 84.37 billion USD in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).
According to acting head of BPS Amalia Adininggar Widyasanti, Indonesia's expanding trade relations with BRICS nations present a significant economic opportunity following its recent entry into the bloc.
Exports to the five BRICS nations including China, India, South Africa, Brazil and Russia contributed 33.9% to Indonesia’s overall non-oil and gas exports in 2024.
China remains the top destination for Indonesian exports, with 24.2% of the total, mainly driven by iron and steel exports. India follows as the second-largest market, accounting for 8.17% with key exports including coal and crude palm oil.
Indonesia’s main exports to Brazil, Russia, and South Africa include animal and vegetable fats and oils.
The country sees potential for increasing exports to South Africa, where it currently has the smallest share of trade among the BRICS nations. Exports to South Africa amounted to 0.78 billion USD in 2024.
Meanwhile, exports to Brazil and Russia stood at 1.7 billion USD and 1.31 billion USD, respectively.
According to BPS, Indonesia’s trade balance for 2024 showed a surplus of 31.04 billion USD, down 5.84 billion USD from 2023. The non-oil and gas trade balance posted a surplus of 51.44 billion USD, while the oil and gas sector recorded a 20.4 billion USD deficit, though this was a slight improvement from the previous year.
🅘 Experts forecast that the BRICS nations will continue to strategic partners in supporting the growth of Indonesia's non-oil and gas exports this year./.
The Indonesian Government plans to upgrade 66 regional hospitals in remote and underdeveloped regions to provide more comprehensive and high-quality health services.
Heavy rains and floods remain the biggest threats for Indonesia in 2025 due to the impact of the La Niña phenomenon, according to the National Disaster Mitigation Agency (BNPB).
Mount Ibu, located on Halmahera island in eastern Indonesia, erupted on January 15 morning, sending a 4-kilometer-high ash column into the sky, forcing authorities to raise the alert to the highest level for surrounding areas.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
