Penjaminan dan Asuransi Ekspor Kunci Hadapi Perubahan Global Perdagangan Internasional

Jakarta, 12th January 2026 - There are three major challenges that are currently affecting modern trade, especially international trade. These are geopolitical volatility and policy changes in various countries, increasingly diversified supply chains that are not dependent on a single region, and developing countries becoming new growth markets for international trade.

This was revealed by the Chairman of the ICC Banking Commission Indonesia, Herry Hykmanto, CDCSAdv, at the LPEI Export Forum 2025, held recently in Jakarta and attended by 20 national and foreign banks.

Herry Hykmanto also explained that amid the dynamics of international trade, banks and business actors must be able to manage risks when collaborating with new partners or expanding into new markets with higher risks. The selection of appropriate risk mitigation instruments is necessary to support the expansion of exporters' markets and access to financing from banks. Export guarantees and insurance can be crucial alternative risk mitigation instruments for business growth, market expansion, and resilience.

“Guarantees and insurance enable businesses to enter new markets, participate in international tenders, and reduce payment risks,” said Herry Hykmanto.

Shift in international trade payments

In another presentation, Executive Vice President of Indonesia Eximbank, Suharyanto, explained that in recent years there has been a shift in payment methods in international trade transactions, which were previously dominated by Letters of Credit (LC) to non-LC. This new trend has increased due to rapid developments in digital technology.

"Currently, international trade is also entering the era of digitalization, where conventional (physical) billing methods via couriers are being replaced by digital billing. Exporters and importers can agree to conduct the collection process online by uploading documents such as shipping documents and invoices, conducting approvals, and monitoring payment schedules. This will make transactions more efficient, faster, and safer," said Suharyanto.

In line with this, Suharyanto advised businesses to adapt to the ever-changing global landscape. Indonesia Eximbank offers export insurance products such as Trade Credit Insurance (TCI), which protects exporters from the risk of buyer default due to commercial or political risks, with indemnity of up to 90%, and Marine Cargo Insurance for the risk of damage or loss of goods during shipment.

Indonesia Eximbank, in its role as the Eximbank and Export Credit Agency (ECA) of the Republic of Indonesia, also offers integrated solutions to address these challenges by providing Credit Guarantee products to banks. Through collaboration within the export ecosystem to assist businesses, Indonesia Eximbank's products can also provide significant benefits to banks.

In line with regulatory provisions, with its sovereign status, Indonesia Eximbank can issue Credit Guarantees with an ATMR (Risk Weighted Asset) calculation benefit of 0-20%, thus providing alternative solutions to banks in increasing their financing capacity. Through Credit Guarantee products with special features in accordance with regulatory provisions, banks also have the opportunity to obtain exemption from BMPK (Maximum Credit Limit) calculations, which gives banks more room for healthy credit expansion.

In addition to Credit Guarantee products, Indonesia Eximbank can also support exporters with Guarantee products that refer to regulations commonly used in domestic trade for export and international trade, including URDG, ISP98, UCP600, the Civil Code, or the laws of the countries agreed upon by the parties.

“The combination of products in a solution-oriented facility structure makes Indonesia Eximbank's guarantees one of the strategic instruments to strengthen the competitiveness of banks in supporting export financing,” said Suharyanto.