Indonesia's trade surplus stood at USD 3.36 billion in September 2026, exceeding expectations of USD 1.9 billion but narrowing from USD 4.34 billion in the same month last year. Exports rose 11.87% yoy, surpassing forecasts of a 6.45% increase and accelerating from a 6.72% rise in August. Non-oil and gas exports climbed 12.39% from a year earlier to USD 26.64 billion, driven by higher shipments to the US (23.21%), China (11.82%), Japan (5.00%), ASEAN (12.46%), and the EU (3.80%). By contrast, oil and gas exports fell 0.99% to USD 0.95 billion, largely due to a decline in crude oil exports (-100.0%). Meanwhile, imports grew 18.41% yoy, below estimates of 24.23% and slowing from a 20.83% rise in August. Oil and gas imports jumped 23.94% year-on-year to USD 3.27 billion, while non-oil and gas imports rose 17.59% to USD 20.97 billion. In the first nine months of 2026, the country posted a trade surplus of USD 10.61 billion, with exports and imports advancing 5.58% and 19.67%, respectively. source: Statistics Indonesia

Indonesia recorded a trade surplus of 3550 USD Million in August of 2026. Balance of Trade in Indonesia averaged 946.89 USD Million from 1960 until 2026, reaching an all time high of 7564.84 USD Million in April of 2022 and a record low of -2331.12 USD Million in April of 2019. This page provides the latest reported value for - Indonesia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Indonesia recorded a trade surplus of 3550 USD Million in August of 2026. Balance of Trade in Indonesia is expected to be 2100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Balance of Trade is projected to trend around 4500.00 USD Million in 2027 and -217900.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-10-01 04:00 AM
Balance of Trade
Aug $3.55B $0.13B $0.6B $ 1.3B
2026-11-02 04:00 AM
Balance of Trade
Sep $3.36B $3.55B $1.9B $3.7B
2026-12-01 04:00 AM
Balance of Trade
Oct $3.36B


Related Last Previous Unit Reference
Balance of Trade 3356.60 3552.20 USD Million Sep 2026
Exports 27591.50 26612.20 USD Million Sep 2026
Exports YoY 11.87 6.72 percent Sep 2026
Imports 24234.90 23060.00 USD Million Sep 2026
Imports YoY 18.41 19.09 percent Sep 2026
Tourist Arrivals YoY 1427114.00 1599660.00 Sep 2026


Indonesia Balance of Trade
Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, from 2012 to 2014 the country started recording trade deficits, as exports shrank due to slowdown in the global economy and fall in commodity prices. In 2015, trade balance swang again to surplus due to almost 20 percent fall in imports. In recent years, the biggest trade deficits were recorded with China, Thailand, Japan, Germany and South Korea. Indonesia records trade surpluses mainly with India, United States, and Malaysia.
Actual Previous Highest Lowest Dates Unit Frequency
3356.60 3552.20 7564.84 -2331.12 1960 - 2026 USD Million Monthly

News Stream
Indonesia Trade Surplus Tops Estimates
Indonesia's trade surplus stood at USD 3.36 billion in September 2026, exceeding expectations of USD 1.9 billion but narrowing from USD 4.34 billion in the same month last year. Exports rose 11.87% yoy, surpassing forecasts of a 6.45% increase and accelerating from a 6.72% rise in August. Non-oil and gas exports climbed 12.39% from a year earlier to USD 26.64 billion, driven by higher shipments to the US (23.21%), China (11.82%), Japan (5.00%), ASEAN (12.46%), and the EU (3.80%). By contrast, oil and gas exports fell 0.99% to USD 0.95 billion, largely due to a decline in crude oil exports (-100.0%). Meanwhile, imports grew 18.41% yoy, below estimates of 24.23% and slowing from a 20.83% rise in August. Oil and gas imports jumped 23.94% year-on-year to USD 3.27 billion, while non-oil and gas imports rose 17.59% to USD 20.97 billion. In the first nine months of 2026, the country posted a trade surplus of USD 10.61 billion, with exports and imports advancing 5.58% and 19.67%, respectively.
2026-11-02
Indonesia Trade Surplus Exceeds Estimates
Indonesia's trade surplus narrowed to USD 3.55 billion in August 2026, exceeding expectations of USD 0.6 billion, compared with USD 5.49 billion in the same month last year. Exports rose 6.72% yoy, surpassing forecasts of a 4.2% rise and accelerating from a 6.05% increase in July. Non-oil and gas exports rose 7.23% from a year earlier to USD 25.62 billion, driven by stronger shipments to the US (18.44%), China (14.02%), and ASEAN (8.97%). Conversely, oil and gas exports dropped 5.10% to USD 0.99 billion, largely due to a decline in crude oil exports (-100.0%). Meanwhile, imports rose 19.09% yoy, below estimates of 31.7% and easing from a 27.02% jump in July, amid high oil prices. Oil and gas imports surged 30.73% year-on-year to USD 3.53 billion, while non-oil and gas imports grew 17.20% to USD 19.53 billion. For the first eight months of 2026, the country posted a trade surplus of USD 7.25 billion, with exports and imports rising 4.74% and 19.84%, respectively.
2026-10-01
Indonesia Unexpectedly Posts Trade Surplus
Indonesia unexpectedly posted a trade surplus of USD 0.13 billion in July 2026, beating expectations of a USD 0.3 billion deficit, compared with a USD 4.13 billion surplus in the same month last year. It was the first monthly trade surplus in three months, as exports rose more than expected. Exports grew 6.05% yoy, surpassing forecasts of a 3.4% rise, though easing from an 8.84% increase in June. Non-oil and gas exports grew 6.84% yoy to USD 25.43 billion, driven by stronger shipments to the US (8.61%), China (17.52%), Japan (7.93%), and ASEAN (16.72%). By contrast, oil and gas exports plunged 14.58%, largely due to declines in crude oil (-100.0%) and natural gas (-11.97%) exports. Meanwhile, imports surged 27.02% yoy, exceeding estimates of 24.1% and slowing from a 34.27% increase in June, amid higher oil prices. For the first seven months of 2026, the country posted a trade surplus of USD 3.70 billion, with exports and imports advancing 4.43% and 19.94%, respectively.
2026-09-01