JAKARTA - The Central Statistics Agency (BPS) reported that Indonesia's trade balance in January 2026 recorded a surplus of 0.95 billion US dollars.
With this achievement, Indonesia has recorded a trade balance surplus for 69 consecutive months since May 2020.
BPS Distribution and Services Statistics Deputy Ateng Hartono explained that the surplus in January 2026 was mainly driven by the performance of non-oil and gas trade which recorded a surplus of US$ 3.22 billion with a number of commodities contributing significantly to the achievement.
"The contributors to the surplus in non-oil and gas are animal or vegetable fats and oils or HS 15, then also mineral fuels or HS 27, as well as iron and steel or 72," he said in a press conference, Monday, March 2.
On the other hand, the trade balance of the oil and gas sector still experienced a deficit of 2.27 billion US dollars, which was mainly due to crude oil imports, oil and gas products.
Meanwhile, the contributors to the surplus in non-oil and gas are animal or vegetable fats and oils (HS 15) of 3.10 billion US dollars, mineral fuels (HS 27) worth 2.16 billion US dollars, iron and steel (HS 72) of 1.51 billion US dollars, nickel and its products (HS 75) worth 1.03 billion US dollars, and footwear (HS 64) of 0.49 billion US dollars.
Meanwhile, the main deficit comes from commodities, especially from mechanical machinery and equipment (HS 84) of 2.23 billion US dollars, electrical machinery and equipment (HS 85) worth 1.39 billion US dollars, plastics and goods from plastics (HS 39) of 0.73 billion US dollars, aircraft instruments and parts (HS 88) worth 0.47 billion US dollars, and cereals (HS 10) of 0.36 billion US dollars.
To note, this surplus occurred because the value of exports was higher than imports in January 2026, namely Indonesia's export value in January 2026 reached 22.16 billion US dollars or increased by 3.39 percent year-on-year (yoy) compared to January 2025 of 21.43 billion US dollars.
Meanwhile, the export of oil and gas was recorded at US$ 0.89 billion or down 15.62 percent (yoy) compared to January 2025 of US$ 1.06 billion.
Meanwhile, non-oil and gas exports reached 21.26 billion US dollars, up 4.38 percent (yoy) with the same period in 2025 at 20.37 billion US dollars.
Meanwhile, Indonesia's import value in January 2026 reached 21.20 billion US dollars or increased by 18.21 percent year on year (year on year/yoy) compared to the same period in 2025 of 17.94 billion US dollars.
The performance of oil and gas imports was recorded at US$ 3.17 billion or an increase of 27.52 percent (yoy) compared to January 2025 of US$ 2.48 billion.
Meanwhile, non-oil and gas imports reached 18.04 billion US dollars, or an increase of 16.71 percent (yoy) with January 2025 at 15.45 billion US dollars.
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