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Events / Political / Indonesia overhauls commodity trade policies
Domestic trade policy overhaul

Indonesia overhauls commodity trade policies

Analysis based on 8 articles · First reported May 22, 2026 · Last updated May 22, 2026

Sentiment
-40
Attention
6
Articles
8
Market Impact
General
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Market Impact

The new trade policies in Indonesia are expected to have a significant impact on global supply chains, particularly for commodities like coal, palm oil, and nickel. While it aims to increase tax revenues for Indonesia, it creates uncertainty for major trading partners like China, potentially leading to revised contracts and a shift in investment dynamics. The United States may see an opportunity for increased investment as Indonesia seeks to diversify its economic partners.

Mining Agriculture Manufacturing
Event Summary

Indonesia has announced a major overhaul of its trade policies for key commodities, described by some experts as a 'hostile takeover' of major industries. President Prabowo Subianto mandated that a newly established state-owned enterprise, PT Danantara Sumberdaya Indonesia, will handle all exports of coal, palm oil, and iron alloys by September. The primary objectives are to increase tax revenues, combat under-invoicing, and strengthen oversight. This move is expected to significantly impact global supply chains, especially affecting China, Indonesia's largest trading partner and a major investor in its critical mineral industries. Chinese companies have already expressed concerns about the unstable business climate. The policy could also open doors for increased investment from other nations, such as the United States, as Indonesia seeks to diversify its economic partnerships.

Entities Involved
cnt
Indonesia
Indonesia is overhauling its trade policies for key commodities, aiming to increase tax revenues and strengthen oversight. This move centralizes control over exports of coal, palm oil, and iron alloys through a new state-owned enterprise, potentially affecting its relationships with major trading partners like China and attracting new investors like the United States.
Importance 100.0 Sentiment 0.0
cnt
China
As Indonesia's largest trading partner and a major investor in Indonesian industries, China will feel the brunt of this policy pivot. Chinese companies are concerned about the unstable business climate and potential revisions to contracts.
Importance 95.0 Sentiment -50.0
per
Prabowo Subianto
Prabowo Subianto, the President of Indonesia, announced the new regulation to parliament, mandating the state-owned enterprise to handle commodity exports. He aims to increase tax revenues and combat under-invoicing, transfer pricing, and diversion of export proceeds.
Importance 90.0 Sentiment 0.0
priv
PT Danantara Sumberdaya Indonesia
PT Danantara Sumberdaya Indonesia is the newly established state-owned enterprise that will manage Indonesia's exports of coal, palm oil, and iron alloys by September. It is 99% owned by Danantara, the sovereign wealth fund, and will strengthen the government's influence on commodity pricing.
Importance 85.0 Sentiment 0.0
oth
Danantara
Danantara is the sovereign wealth fund that owns 99% of PT Danantara Sumberdaya Indonesia, the new entity taking over commodity exports. It was launched by President Prabowo Subianto last year.
Importance 70.0 Sentiment 0.0
cnt
United States
The centralization of Indonesia's trade may open the door to more American investment as Indonesia seeks to diversify its investors and reduce Chinese control, intensifying the race for resources between the two superpowers.
Importance 60.0 Sentiment 20.0
ngo
China Chamber of Commerce in Indonesia
The China Chamber of Commerce in Indonesia sent a protest letter highlighting investors' concerns about Indonesia's unstable business climate due to stringent regulation and potential corruption.
Importance 50.0 Sentiment -30.0
alliance
European Union
The European Union is a major importer of Indonesian palm oil, coal, and nickel, and will be affected by the new trade policies.
Importance 40.0 Sentiment -10.0
per
Airlangga Hartarto
Airlangga Hartarto, the coordinating economic minister in Indonesia, stated that an explanation for investors will be provided before June 1, focusing on transparency in reporting.
Importance 30.0 Sentiment 0.0
cnt
Japan
Japan is a major importer of Indonesian palm oil, coal, and nickel, and will be affected by the new trade policies.
Importance 30.0 Sentiment -10.0
cnt
South Korea
South Korea is a major importer of Indonesian palm oil, coal, and nickel, and will be affected by the new trade policies.
Importance 30.0 Sentiment -10.0
cnt
India
India is a major importer of Indonesian palm oil, coal, and nickel, and will be affected by the new trade policies.
Importance 30.0 Sentiment -10.0
ngo
Indonesian Pediatric Society
The Indonesian Pediatric Society, through its chairman Eddy Martono, raised concerns about the new policy's impact on existing markets and the need for clarity on Danantara's operations.
Importance 25.0 Sentiment -10.0
per
Eddy Martono
Eddy Martono, chairman of the Indonesian Pediatric Society, expressed concerns about the impact of Danantara on small-volume trade and specialized product exports, emphasizing the need to retain established markets.
Importance 20.0 Sentiment 0.0
cnt
Malaysia
Malaysia is a neighboring country and importer of Indonesian commodities, and will be affected by the new trade policies.
Importance 20.0 Sentiment -10.0
+ 2 more entities View on Dashboard
Relationships
Indonesia related ↔ China
Indonesia related ↔ Prabowo Subianto
Indonesia related ↔ United States
Indonesia related ↔ European Union
Indonesia related ↔ Japan
China related ↔ Prabowo Subianto
China rivals ↔ United States China views the United States as a primary strategic rival, actively retaliating against US tariffs with its own duties,
China related ↔ European Union
China strategic rival ↔ Japan China views Japan as a major strategic rival, responding to Tokyo's alignment with the US and its stance on Taiwan by im
Prabowo Subianto related ↔ United States
Prabowo Subianto related ↔ Japan
United States related ↔ European Union
United States ally ↔ Japan The United States views Japan as a cornerstone ally in the Indo-Pacific, maintaining a mutual defense treaty, conducting
European Union related ↔ Japan
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