Indonesian Political, Business & Finance News

Indonesia's Non-Oil and Gas Exports to the US Grow 5.97%, Driven by Renewable Energy Products

| | Source: MEDIA_INDONESIA Translated from Indonesian | Trade
Indonesia's Non-Oil and Gas Exports to the US Grow 5.97%, Driven by Renewable Energy Products
Image: MEDIA_INDONESIA

The Central Statistics Agency (BPS) recorded that Indonesia’s non-oil and gas exports to the United States in February 2026 grew 5.97% year-on-year amid various global challenges.

BPS Chief Amalia Adininggar Widyasanti stated that this growth was mainly supported by exports of machinery and electrical equipment groups and their parts, which became the main contributors.

“In February 2026, non-oil and gas exports to the United States recorded good performance amid various global challenges. This growth was mainly driven by exports of machinery and electrical equipment and their parts, which increased 8.88% year-on-year,” said Amalia in an official statement on Wednesday (1/4).

BPS noted that the machinery and electrical equipment group contributed 15.87% to the total non-oil and gas exports from Indonesia to the US, which reached US$2.49 billion.

In addition, the export increase was also driven by high demand for renewable energy-based products, particularly photovoltaic cells.

Exports of solar cells in the form of modules or panels were recorded to have grown 27.85%, while unassembled solar cells surged even higher, namely 84.74% year-on-year.

According to Amalia, this trend reflects Indonesia’s strategic opportunities in the global renewable energy supply chain while strengthening Indonesia’s role in supporting the world’s energy transition agenda.

From the trade balance perspective, BPS also recorded a non-oil and gas surplus for Indonesia against the United States of US$3.53 billion in the January-February 2026 period, the highest compared to other partner countries.

The commodities contributing the largest surplus include machinery and electrical equipment (HS 85) at US$716.4 million, footwear (HS 64) at US$446.9 million, and knitted clothing and accessories at US$426.4 million.

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