Indonesia is set to boost its imports of U.S. food and commodities, shifting away from some of its current suppliers, according to the country’s chief economic minister Airlangga Hartarto.
The announcement was made during high-level discussions in Washington, where Indonesian officials are seeking to address the U.S. administration’s paused 32% tariff on Indonesian exports.
To reduce its trade surplus with the United States and avoid the potential tariff hike, Indonesia has offered to ramp up its imports from the U.S. by as much as $19 billion, with energy imports alone comprising about $10 billion of that total.
The expanded import portfolio will include agricultural products like wheat, soybeans, and soybean meal, alongside increased purchases of U.S. capital goods.
Additionally, the Southeast Asian country intends to engage more actively in critical minerals trade and streamline import procedures for American horticultural goods. The government also aims to support U.S. companies operating in Indonesia involving permits and incentives.
Following discussions with the U.S. Trade Representative and the Secretary of Commerce, both sides have agreed to finalize negotiations within the next 60 days.
