Indonesia, Morocco see stronger economic ties, trade growth
Photo caption: Indonesian Trade Minister Budi Santoso (third from the right) and Moroccan Ambassador to Indonesia Redouane Houssaini (center) during the 27th anniversary celebration of the coronation of King Mohammed VI of Morocco in Jakarta on Thursday (July 30, 2026).
Jakarta (ANTARA) - Indonesia and Morocco are entering a stronger phase of economic cooperation, driven by rising bilateral trade and expanding ties in food security, halal products and energy, Trade Minister Budi Santoso said Thursday.
Speaking at the 27th anniversary of King Mohammed VI’s coronation in Jakarta, Budi said bilateral cooperation had entered a promising new phase.
“Since establishing a strategic partnership in 2023, our cooperation has entered a promising new phase. I am optimistic about the positive momentum,” he said.
Bilateral trade reached US$255 million in 2025, up 33 percent from the previous year, Budi said.
Trade growth continued during the first five months of 2026, rising 42 percent from a year earlier.
Indonesia and Morocco also signed commercial agreements worth $40.7 million in 2025, demonstrating Morocco’s confidence in Indonesian products, Budi said.
Morocco supplied nitrogen and phosphate fertilizers worth more than US$45 million to support Indonesia’s food security programs last year.
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“Our economies are highly complementary,” Budi said, adding that deeper ties could strengthen supply chains, boost investment and expand private-sector cooperation.
He cited the recently signed Mutual Recognition Agreement on Halal Products as a milestone that could broaden market access and strengthen complementary trade.
The strategic partnership also leverages existing and future preferential trade agreements, giving businesses access to a combined market of more than 1.8 billion consumers across Africa, Europe and Asia.
Moroccan Ambassador to Indonesia Redouane Houssaini called Jakarta a “strategic and privileged position” in Rabat’s foreign policy, citing shared values despite geographical distance.
“We are two ancient civilizations... two moderate Muslim-majority countries promoting tolerance, coexistence and enlightened religious values,” Houssaini said.
“We are two stable democracies committed to multilateralism, upholding national values, respecting international law and promoting peaceful dialogue,” he added.
Morocco sees major opportunities for cooperation in green technology, renewable energy, electric mobility, vocational training and higher education, Houssaini said, encouraging more Indonesian students to study in Morocco.
