Indonesia's Trade Surplus Reaches US$3.32 Billion in March 2026, BPS: 71 Consecutive Months
Jakarta, VIVA – The Central Statistics Agency (BPS), through its Deputy for Distribution and Services Statistics, Ateng Hartono, reported that Indonesia’s goods trade balance once again posted a surplus of US$3.32 billion in March 2026.
This ensures, Ateng confirmed, that the trend of surpluses in Indonesia’s goods trade balance has reached 71 consecutive months since May 2020.
“The trade balance in March 2026 recorded a surplus of US$3.32 billion, making it a surplus for 71 consecutive months since May 2020,” said Ateng during a press teleconference on Monday, 4 May 2026.
He detailed that the trade surplus in March 2026 was supported by export values of US$22.53 billion, while imports were only US$19.21 billion.
Ateng explained that export performance in March 2026 actually experienced contraction, as the value of US$22.53 billion fell by 3.10% year-on-year (yoy) compared to March 2025.
“Total exports from January to March 2026 reached US$66.85 billion, or up 0.34% compared to the same period last year,” he stated.
Meanwhile, imports in March 2026, which reached US$19.21 billion, were acknowledged by Ateng to have increased by 1.51% (yoy) compared to March 2025. According to him, this annual rise in imports was mainly driven by non-oil and gas import performance.
The commodities contributing the largest surplus in this non-oil and gas sector include fats and vegetable oils, mineral fuels, as well as iron and steel.
Nevertheless, Ateng continued, the oil and gas trade balance recorded a deficit of US$1.89 billion, with contributing commodities such as crude oil, oil products, and gas.
“Cumulatively, Indonesia’s trade balance up to March 2026 recorded a surplus of US$5.55 billion, supported by non-oil and gas sector performance with a surplus of US$10.63 billion. Meanwhile, the oil and gas trade balance still recorded a deficit of US$5.68 billion,” he said.