February 2026 Trade Balance Surplus Reaches US$1.27 Billion

Trade Balance (Photo: Antara)

JAKARTA - The Central Statistics Agency (BPS) reported that Indonesia's merchandise trade balance in February 2026 recorded a surplus of US$1.27 billion or increased compared to the previous month of US$950 million.

BPS Deputy for Distribution and Services Statistics Ateng Hartono said that this achievement marked the continuation of the trend of Indonesia's trade balance surplus for 70 consecutive months since May 2020.

"The surplus in February was driven by the surplus in non-oil and gas commodities, namely a surplus of US$ 2.19 billion," he said in a press conference, Wednesday, April 1.

However, the value of the non-oil and gas surplus decreased compared to the previous month which reached 3.22 billion US dollars.

Some of the main commodities that contribute to the non-oil and gas surplus include animal/vegetable fats and oils (HS 15), mineral fuels (HS 27), and iron and steel (HS 72).

On the other hand, the trade balance of oil and gas commodities still experienced a deficit of 920 million US dollars. However, this deficit figure is lower than the previous month which reached 2.27 billion US dollars.

Ateng explained that the deficit in the oil and gas sector was mainly due to crude oil imports as well as oil and gas processing results.

Cumulatively, Indonesia's trade balance in January to February 2026 recorded a surplus of US$2.23 billion or lower than the same period last year which reached US$6.59 billion.

For oil and gas exports, a deficit of US$3.19 billion was recorded, or higher if compared to the same period in 2025, a deficit of US$3.17 billion.

Meanwhile, non-oil and gas exports reached 5.42 billion US dollars, but decreased compared to the same period in 2025 which was 9.76 billion US dollars.