Indonesia's Trade Surplus Shrinks to US$90 Million, Here is Why

The Indonesian Central Bureau of Statistics (BPS) has recorded a deep contraction in Indonesia’s trade surplus for April 2026, which fell to just US$90 million from the US$3.32 billion recorded in March 2026.

This condition was triggered by a surge in Indonesia’s import performance, which rose by 22.49% in April 2026 to US$25.21 billion. Meanwhile, exports remained higher at US$25.30 billion, although their growth rate was lower at 21.98%.

“In April 2026, the goods trade balance recorded a surplus of US$89.1 million,” said Pudji Ismartini, Deputy for Methodology and Statistical Information at BPS, during a press conference at the BPS Head Office in Jakarta on Tuesday (2/6/2026).

Pudji explained that despite the sharp decline, the trade surplus has remained maintained for 72 consecutive months. This was supported by the performance of non-oil and gas commodity exports, which stood at US$3.53 billion, compared to US$5.21 billion in March 2026.

Conversely, the oil and gas commodity sector experienced a deepening deficit in April 2026, reaching US$3.44 billion, up from a deficit of US$1.89 billion in March 2026.

“The surplus in April 2026 was primarily supported by a non-oil and gas commodity surplus of US$3.53 billion, with the main contributors being animal and vegetable fats and oils, mineral fuels, as well as iron and steel,” Pudji emphasised.