News / Indonesia logistics industry stays bullish despite falling volumes and port development gridlock

Joko “Jokowi” Widodo (left) ©Miko Bagus

Indonesia’s logistics industry is set to continue its rapid growth trajectory despite a dramatic drop in international trade last year.

Data from the Central Bureau of Statistics shows Indonesia’s exports plunged by 14.6% to $150.25bn in 2015, while imports fell 19.9% to $142.7bn, leaving a trade surplus of $7.51bn.

Despite the decline in international trade, recent analysis by Frost & Sullivan forecasts 15.4% growth for Indonesia’s logistics industry in 2020, citing high domestic consumption, increased exports of manufactured products, transport infrastructure investments, ...