Trade Surplus for January-March 2026 Reaches US$5.55 Billion

The Central Statistics Agency (BPS) reports that Indonesia’s trade balance up to March 2026 continues to show positive performance amid global dynamics. The cumulative trade surplus for the January to March 2026 period reached US$5.55 billion. According to BPS Deputy for Distribution and Services Statistics Ateng Hartono, Indonesia’s trade balance has experienced a surplus for 71 consecutive months since May 2020.

“The surplus is supported by the ongoing positive performance of non-oil and gas commodity trade, while oil and gas trade still experiences a deficit,” he said at a press conference at the BPS office in Jakarta on Monday, 4 May 2026.

He noted that the non-oil and gas commodity surplus reached US$10.63 billion, while oil and gas commodities still faced a deficit of US$5.08 billion. For the cumulative export value for January-March 2026, it reached US$66.85 billion, up 0.34 percent compared to the same period the previous year.

In addition, Ateng said, the processing industry sector became the driver with export value growth of 3.96 percent to US$54.98 billion.

BPS also recorded three main export markets for Indonesia’s non-oil and gas products: China, the United States, and India. The contribution of these three countries is around 44.48 percent of Indonesia’s total non-oil and gas exports for January-March 2026.

China remains the main export market with a value of US$16.50 billion (25.94 percent), followed by the United States at US$7.29 billion (11.46 percent), and India at US$4.50 billion (7.08 percent).

Non-oil and gas exports to China for the January-March 2026 period were dominated by iron and steel commodities, nickel and its products, and mineral fuels. Meanwhile, exports to the United States were dominated by machinery and electrical equipment and parts, footwear, and knitted clothing and accessories.