BPS Records Indonesia's Trade Surplus for 70 Consecutive Months

Jakarta (ANTARA) - Statistics Indonesia (BPS) has recorded that Indonesia’s trade balance in February 2026 remained in surplus, thereby achieving an export-import surplus for 70 consecutive months. “In February 2026, the trade balance of goods recorded a surplus of US$1.27 billion. Indonesia’s trade balance has recorded surpluses for 70 consecutive months since May 2020,” said Deputy for Distribution and Services Statistics at BPS, Ateng Hartono, during a press conference in Jakarta on Wednesday. The cumulative trade surplus for the January to February 2026 period reached US$2.23 billion. Ateng explained that the surplus was supported by positive performance in non-oil and gas commodity trade, while oil and gas trade still experienced a deficit. “The surplus throughout the January-February 2026 period was supported by a non-oil and gas commodity surplus of US$5.42 billion, while oil and gas commodities still recorded a deficit of US$3.19 billion,” he stated. He detailed that the cumulative export value for January-February 2026 rose 2.19% compared to the same period the previous year. This increase was mainly driven by the processing industry sector, which recorded an export value of US$37.06 billion, or up 6.69%. The top three export destinations for Indonesia were China, the United States, and India. The contribution from these three countries accounted for about 43.85% of Indonesia’s total non-oil and gas exports in January-February 2026. China remains the primary market for Indonesia’s non-oil and gas commodities with a value of US$10.46 billion (24.69%), followed by the United States at US$5.00 billion (11.81%), and India at US$3.11 billion (7.35%). Exports of non-oil and gas to China in the January-February 2026 period were dominated by iron and steel, nickel and its products, and mineral fuels. Meanwhile, exports to the United States were dominated by machinery and electrical equipment and parts, footwear, knitted clothing and accessories. Meanwhile, Indonesia’s cumulative import value up to February 2026 reached US$42.09 billion, or up 14.44% from the same period the previous year. The main contributor still came from the non-oil and gas sector, with an import value of US$36.93 billion, up 17.49%. Oil and gas imports experienced a 3.50% decline to US$5.16 billion.