Indonesia's Trade Balance March 2026 Surplus of 3.32 Billion US Dollars
JAKARTA - The Central Statistics Agency (BPS) reported that Indonesia's merchandise trade balance again recorded a surplus in March 2026 of 3.32 billion US dollars.
BPS Deputy for Distribution and Services Statistics Ateng Hartono said that this achievement extended the positive trend of Indonesia's trade balance, which has recorded a surplus for 71 consecutive months since May 2020.
"The trade balance of goods in March 2026 recorded a surplus of US$ 3.32 billion. Indonesia's trade balance has recorded a surplus for 71 consecutive months since May 2020," he said in a press conference, Monday, May 4.
He explained that the surplus in March 2026 was mainly driven by the performance of the non-oil and gas sector, which recorded a surplus of US$5.21 billion, and the main commodities contributing to the non-oil and gas surplus include animal and vegetable fats and oils, mineral fuels, and iron and steel.
On the other hand, the trade balance of oil and gas still experienced a deficit of 1.89 billion US dollars, which was influenced by commodities such as crude oil, oil products, and gas.
In terms of exports, Indonesia's export value in March 2026 was recorded at US$ 22.53 billion, down 3.10 percent compared to the same period last year of US$ 23.25 billion.
Meanwhile, non-oil and gas exports reached 21.25 billion US dollars, down 11.84 percent from March 2025, while oil and gas exports amounted to 1.28 billion US dollars or decreased 2.52 percent compared to last year.
Cumulatively, total exports from January to March 2026 experienced a slight increase of 0.34 percent year-on-year, from 66.62 billion US dollars in the same period in 2025 to 66.85 billion US dollars in 2026.
This increase was mainly driven by the processing industry sector which contributed 3.15 percent.
"The total export value from January to March 2025 increased by 0.34 percent compared to the same period last year. The main contribution to the increase in export value was contributed by the processing industry by 3.15 percent," he said.
Meanwhile, Indonesia's import value in March 2026 was recorded at US$ 19.21 billion, an increase of 1.51 percent compared to March 2025 which was US$ 18.92 billion.
Non-oil and gas imports reached 16.04 billion US dollars, or an increase of 1.54 percent, while oil and gas imports amounted to 3.17 billion US dollars or an increase of 1.34 percent compared to the previous year.
Cumulatively, Indonesia's total imports from January to March 2026 increased significantly by 10.05 percent year-on-year, from 55.70 billion US dollars in 2025 to 61.30 billion US dollars in 2026.
Thus, cumulatively until March 2026, Indonesia's trade balance recorded a surplus of 5.55 billion US dollars.
This surplus was supported by non-oil and gas performance which recorded a surplus of US$10.63 billion, although the oil and gas sector still experienced a deficit of US$5.68 billion.