Southeast Asia's largest economy sees US and European sanctions on Russia as an opportunity to boost trade. The value and timeframe of the barter, swapping palm oil and coffee for warplanes, remains unknown.
Indonesia said it would trade palm oil, coffee and other commodities for Russian fighter jets.
The barter deal to exchange 11 Russian-made Sukhoi Su-35 jets for key commodities was signed on August 4 in Moscow between Russia's Rostec and PT Perusahaan Perdagangan Indonesia, both state-owned companies.
Palm oil: Cheap or fair?
"The idea was proposed last year and some people suggested Indonesia should trade the jets with our main commodities," Indonesia's trade ministry spokesman Marolop Nainggolan told news agency AFP.