Indonesia Trade Surplus Beats Expectations

2026-02-02 04:26 By Chusnul Chotimah 1 min. read

Indonesia’s trade surplus widened to USD 2.52 billion in December 2025, up from USD 2.24 billion in the same month a year earlier and above market estimates of USD 2.45 billion.

Exports unexpectedly grew 11.64% yoy to an over three-year high of USD 26.35 billion in December 2025, rebounding sharply from a 6.6% decline in November and easily beating market forecasts of a 2.4% fall, marking the fastest pace since February 2025.

Meanwhile, imports unexpectedly rose 10.81%, accelerating sharply from 0.46% in November and well above forecasts of a 0.7% decline.

This marked the fastest increase in imports since last April, driven by a 1.71% rise in oil and gas imports, reflecting higher oil products (4.05%), while non–oil and gas imports rose 12.46% to USD 20.48 billion, rebounding from a 1.15% decline in November.

For the entire year of 2025, Indonesia registered a trade surplus of USD 41.05 billion, with exports and imports advancing 6.15% and 2.83% year-on-year, respectively.



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Indonesia’s trade surplus widened to USD 2.52 billion in December 2025, up from USD 2.24 billion in the same month a year earlier and above market estimates of USD 2.45 billion. Exports unexpectedly grew 11.64% yoy to an over three-year high of USD 26.35 billion in December 2025, rebounding sharply from a 6.6% decline in November and easily beating market forecasts of a 2.4% fall, marking the fastest pace since February 2025. Meanwhile, imports unexpectedly rose 10.81%, accelerating sharply from 0.46% in November and well above forecasts of a 0.7% decline. This marked the fastest increase in imports since last April, driven by a 1.71% rise in oil and gas imports, reflecting higher oil products (4.05%), while non–oil and gas imports rose 12.46% to USD 20.48 billion, rebounding from a 1.15% decline in November. For the entire year of 2025, Indonesia registered a trade surplus of USD 41.05 billion, with exports and imports advancing 6.15% and 2.83% year-on-year, respectively.
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