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US and Indonesia finalize $38.4 billion trade deals amid economic partnership

Feb 19, 2026, 3:38 PM10
(Update: Feb 19, 2026, 3:38 PM)
country in Southeast Asia and Oceania
country primarily in North America

US and Indonesia finalize $38.4 billion trade deals amid economic partnership

  • Indonesian and US businesses signed 11 trade deals on February 18 worth $38.4 billion.
  • The agreements involve multiple sectors including mining, energy, agribusiness, textiles, furniture, and technology.
  • These deals are aimed at enhancing economic ties and reducing Indonesia's trade surplus with the US.
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On February 18, 2026, Indonesian and US companies formalized a significant series of trade and investment agreements valued at US$38.4 billion. This event took place during a dinner hosted by the US Chamber of Commerce for Indonesian President Prabowo Subianto, who was in Washington, D.C., ahead of his scheduled meeting with US President Donald Trump to finalize a broader trade pact. The agreements encompassed various sectors including mining, energy, agribusiness, textiles, furniture, and technology. President Prabowo emphasized the objective of modernizing and industrializing Indonesia and noted that these deals were an integral part of the US-Indonesian trade deal aimed at reducing Indonesia's trade surplus with the United States.

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