Indonesia Must Speed Up Downstream Push, Diversify Exports, Think Tank Says

Indonesia needs to accelerate its downstream processing strategy and diversify its export products to strengthen trade resilience, according to a recent analysis by a leading think tank. Downstream processing means turning raw materials, such as minerals or palm oil, into finished goods within the country rather than exporting them unrefined. The recommendation comes as the nation seeks to reduce reliance on raw commodity exports and add more value to its natural resources. By moving faster on this policy, Indonesia can better protect its economy from global price swings, the experts argue.