Jakarta (ANTARA News) - Indonesia`s trade is projected to grow 144 percent to US$619.6 billion in 2025 from US$280.4 billion in 2010, with export commodities expected to be the engine of trade growth, a report said.

The trade growth would put Indonesia in the fourth place after Egypt, India and Vietnam expected to record an average annual growth of 73 percent, the HSBC`s head of trade for Indonesia, Nirmala Salli said in a discussion on trade forecast here on Thursday.

Nirmala Salli said the condition would mainly be the result of the Asian trade growth projected to increase 96 percent in 2025, making the continent the main engine of global trade.

Indonesian exporters and importers were also optimistic that Indonesia`s trade in the next six months would increase despite the global crisis, she said.

"Trade agents have shown a high level of optimism because of an increase in trade volume as well as confidence in the rupiah`s stable exchange rate," she said.

Business agents were optimistic about expanding their businesses abroad and they would no doubt require a great sum of additional fund, she said.

In this context, the banking sector would play a greater role in supporting the business agents, she said.

She said many domestic businessmen still looked at China and Asia as Indonesia`s main trade partner at this moment and at least in six months` time.

They also saw Germany as a country which had positive trade prospects, she said.

She said China, Singapore, Japan, the United States and Malaysia were importers` main partners, while Japan, China, the United States, Singapore and South Korea were exporters` main partners. (*)

Editor: Aditia Maruli Radja
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