Indonesia Records Trade Surplus for 71 Consecutive Months, Here's Why!

Jakarta, CNBC Indonesia - The Central Statistics Agency (BPS) reports that Indonesia’s goods trade balance recorded another surplus in March 2026, valued at US$3.32 billion.

Deputy for Distribution and Services Statistics at BPS, Ateng Hartono, stated that this achievement extends the trend of Indonesia’s trade surplus to 71 consecutive months since May 2020.

“The goods trade balance in March 2026 recorded a surplus of US$3.32 billion. Indonesia’s trade balance has recorded surpluses for 71 consecutive months since May 2020,” he said during a press conference in Jakarta on Monday (4/5/2026).

Ateng explained that the March 2026 surplus was supported by non-oil and gas commodities, which achieved a surplus of US$5.21 billion.

“The main contributing commodities are animal and vegetable fats and oils, mineral fuels, iron and steel,” he said.

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