BPS Records Indonesia's Trade Balance Surplus Reaches 3.45 Billion US Dollars

JAKARTA - The Central Statistics Agency (BPS) reported that in January 2025 Indonesia's trade balance recorded a surplus of US$3.45 billion, an increase of US$1.21 billion on a monthly basis.

Acting (Plt) Head of BPS Amalia Adininggar Widyasanti said Indonesia's trade balance recorded a surplus for 57 consecutive months in January 2025 and became the latest record after last month's surplus of 56 consecutive months.

"Thus, Indonesia's trade balance has recorded a surplus for 57 consecutive months since May 2020," he said at a press conference, Monday, February 17.

The trade balance surplus occurred because the export value was greater than imports due to the value of Indonesia's exports in January 2025 of 21.45 billion US dollars, while the import value in January 2025 was 18 billion US dollars.

So that Indonesia's trade balance in January 2025 has a surplus of around 3.45 billion US dollars.

Amalia explained that the trade balance surplus in January 2025 was supported by non-oil and gas commodities, especially mineral fuels or HS 27, vegetable animal fats and oils or HS 15, as well as iron and steel or HS 72.

"At the same time, the trade balance of oil and gas commodities was recorded as a deficit of 1.43 billion US dollars, where the contributors to the deficit were crude oil and oil products," he said.