February 2026 Trade Balance Surplus Reaches USD 1.27 Billion

The Central Statistics Agency (BPS) has announced that Indonesia’s trade balance recorded a surplus of USD 1.27 billion in February 2026. BPS Deputy for Distribution and Services Statistics, Ateng Hartono, stated that with this development, the trade balance has recorded surpluses for 70 consecutive months since May 2020.

“The surplus in February was mainly driven by the non-oil and gas surplus of USD 2.19 billion, with the main contributors to the non-oil and gas surplus being, first, animal and vegetable fats and oils,” said Ateng during a press conference on Wednesday, 1 April 2026. In addition, mineral fuels as well as iron and steel contributed to the non-oil and gas surplus.

Meanwhile, the oil and gas trade balance recorded a deficit of USD 0.92 billion. Some of the commodities contributing to the deficit include crude oil, oil products, and gas.

In detail, Indonesia’s export value in February 2026 reached USD 22.17 billion, or an increase of 1.01 percent compared to February 2025. Meanwhile, the import value in February 2026 reached USD 20.89 billion, or an increase of 10.85 percent compared to February 2025.

Cumulatively, BPS recorded a trade balance surplus of USD 2.23 billion for January-February 2026. The surplus for January to February 2026 was supported by a non-oil and gas surplus of USD 5.42 billion. Meanwhile, oil and gas trade experienced a deficit of USD 3.19 billion.

Ateng said the three countries contributing the largest surpluses were the United States at USD 3.11 billion, India at USD 2.29 billion, and the Philippines at USD 1.54 billion.

“Meanwhile, the deepest deficit contributors are three countries that we mention, mainly, first, China with a deficit of USD 4.99 billion, second, Australia with a deficit of USD 1.69 billion, and third, Singapore with a deficit of USD 1.48 billion,” he said.