Breaking! Indonesia's Trade Balance Records US$3.32 Billion Surplus in March 2026

Jakarta, CNBC Indonesia - The Central Statistics Agency (BPS) recorded Indonesia’s trade balance for March 2026 at a surplus of US$3.32 billion. This surplus represents an increase of US$3.32 billion compared to the US$1.27 billion recorded in February 2026.

The surplus condition was caused by exports valued at US$22.53 billion, a 3.10% decline compared to the same period the previous year, while imports stood at US$19.21 billion, up 1.51%. Notably, this is the surplus for 71 consecutive months since May 2020.

“The March 2026 surplus was supported by non-oil and gas commodities with a surplus of US$5.21 billion. The main contributing commodities were vegetable and animal oils and fats, mineral fuels, iron and steel,” said Ateng Hartono, Deputy for Distribution and Services Statistics at BPS, on Monday (4/5/2026).

BPS noted that oil and gas commodities recorded a deficit of US$1.89 billion, with the main contributors to the deficit being crude oil, oil products, and gas.

Ateng stated that the cumulative trade balance for January-March 2026 reached a surplus of US$5.55 billion. The January-March surplus was supported by non-oil and gas commodities at US$10.63 billion. Meanwhile, oil and gas commodities still experienced a deficit of US$5.08 billion.