Indonesia's February 2026 Imports Rise 10.85%, Trade Balance Remains in Surplus

JAKARTA - The Central Statistics Agency (BPS) recorded Indonesia’s import value in February 2026 at $20.89 billion, a 10.85% increase compared to February 2025. This rise was driven by growth in non-oil and gas imports amid a decline in oil and gas imports.

BPS Deputy for Distribution and Services Statistics Ateng Hartono stated that oil and gas imports in February 2026 amounted to $2 billion, down 30.36% year-on-year.

Meanwhile, non-oil and gas imports reached $18.90 billion, up 18.24%.

“The year-on-year import increase was mainly driven by non-oil and gas imports, contributing 15.47%,” Ateng said in a BPS release at the BPS Head Office on Wednesday (1/4/2026).

Cumulatively, Indonesia’s total imports for January-February 2026 reached $42.09 billion, a 14.44% increase from the same period last year.

Oil and gas imports totalled $5.16 billion, down 3.50%, while non-oil and gas imports reached $36.93 billion, up 17.49%.

The cumulative import rise was primarily driven by auxiliary raw materials imports amounting to $29.40 billion, up 9.27%, contributing 6.78% to the total import increase.

This growth mainly came from commodities such as precious metals and jewellery or gemstones, machinery and electrical equipment and parts, as well as chemical products.

Despite the import increase, Indonesia’s trade balance still recorded a surplus. In February 2026, the goods trade balance posted a surplus of $1.27 billion, continuing the surplus trend for 70 consecutive months since May 2020.

The surplus was mainly supported by a non-oil and gas surplus of $2.19 billion, with key commodities including animal and vegetable fats and oils, mineral fuels, and iron and steel.

On the other hand, the oil and gas trade balance still experienced a deficit of $0.92 billion, stemming from crude oil, oil products, and gas.

Cumulatively, the January-February 2026 trade balance recorded a surplus of $2.23 billion, supported by a non-oil and gas surplus of $5.42 billion, while oil and gas recorded a deficit of $3.19 billion.