Indonesia's Imports Surge 34.27% to US$25.9 Billion in June 2026, Here's the Culprit

Deputy for Distribution and Services Statistics at BPS, Ateng Hartono, reported that Indonesia’s trade balance recorded a deficit of US$450 million in June 2026, due to high imports compared to national exports. Imports in June 2026 were recorded at US$25.91 billion, an increase of 34.27 percent year-on-year (yoy), compared to exports which only reached US$25.46 billion, up 8.84 percent (yoy). Ateng detailed that the surge in imports, which reached 34.27 percent or US$25.91 billion, was dominated by oil and gas imports which rose by more than 100 percent to US$4.56 billion. Meanwhile, the increase in non-oil and gas imports was only 25.05 percent. “Oil and gas imports reached US$4.56 billion, an increase of 105.15 percent year-on-year,” Ateng said during a press conference at the BPS office in Jakarta on Wednesday. “Meanwhile, the value of non-oil and gas imports was US$21.35 billion, an increase of 25.05 percent year-on-year,” he added. He also stated that throughout January to June 2026, total imports were recorded at US$137.24 billion. This figure experienced an increase of 18.69 percent year-on-year compared to the same period the previous year. “BPS noted that the total value of oil and gas imports reached US$22 billion, an increase of 38.71 percent, while non-oil and gas imports were US$115.23 billion, an increase of 15.5 percent,” he said. Previously, Ateng had reported that the increase in export value in June 2026 was mainly driven by non-oil and gas exports from several commodities, including mineral fuels (HS27) which rose 49.67 percent, nickel and articles thereof (HS75) which rose 69.30 percent, and animal/vegetable fats and oils (HS15) which rose 10.45 percent.