Indonesia Records US$120 Million Trade Surplus in July 2026

The Indonesian Central Statistics Agency (BPS) has recorded a cumulative trade balance surplus of US$3.70 billion for the period of January–July 2026. This achievement was supported by a surplus of US$0.12 billion recorded in July 2026.

Ateng Hartono, the Deputy for Distribution and Services Statistics at BPS, revealed that the cumulative export value from January to July 2026 reached US$167.03 billion, representing a 4.43 per cent increase compared to the same period the previous year. This growth was primarily driven by non-oil and gas exports, which grew by 5.21 per cent to reach US$160.01 billion.

“The surplus throughout the January–July 2026 period was supported by the performance of non-oil and gas commodity trade, which recorded a surplus of US$22.45 billion, while oil and gas commodity trade still experienced a deficit of US$18.75 billion,” Ateng explained at his office in Jakarta on Tuesday, 1 September 2026.

By sector, the manufacturing industry recorded the largest export value, reaching US$137.26 billion, an increase of 7.16 per cent compared to the same period in 2025. The three main export destinations for Indonesia’s non-oil and gas products were China at US$40.62 billion (25.39 per cent), the United States at US$19.19 billion (11.99 per cent), and India at US$11.00 billion (6.87 per cent).

Meanwhile, the cumulative import value for January–July 202lag reached US$163.33 billion, up 19.94 per cent compared to the same period last year. This increase stemmed from non-oil and gas imports, which rose by 16.78 per cent to US$137.56 billion, and oil and gas imports, which rose by 40.24 per cent to US$25.77 billion.

In terms of usage, the import of raw materials and auxiliary goods was the largest component, valued at US$116.70 billion, or an increase of 20.42 per cent. Furthermore, capital goods imports reached US$32.46 billion, up 20.00 per cent, while consumer goods imports were recorded at US$14.16 billion, up 16.03 per cent.

China remained the primary source of Indonesia’s non-oil and gas imports throughout January–July 2026, with a value of US$58.29 billion (42.38 per cent). This was followed by Japan at US$7.71 billion (5.61 per cent) and Australia at US$6.47 billion (4.70 per cent).

Additionally, the non-oil and gas trade surplus during the January–July 2026 period primarily originated from several key commodities, namely animal and vegetable fats and oils at US$20.96 billion, mineral fuels at US$16.39 billion, iron and steel at US$10.32 billion, nickel and its derivatives at US$7.08 billion, and footwear at US$3.84 billion.