RRI.CO.ID, Jakarta – The Indonesian Central Bureau of Statistics (BPS) reported that Indonesia’s trade balance in March 2026 recorded a surplus of USD 3.32 billion. The Deputy for Distribution and Services Statistics at the BPS, Ateng Hartono, stated that Indonesia’s trade balance has remained in surplus for 71 consecutive months since May 2020.

“The surplus in March 2026 was primarily driven by the non-oil and gas sector, which recorded a surplus of USD 5.21 billion, mainly in animal fats and vegetable oils, mineral fuels, and iron and steel,” he said during the BPS’s official statistical press release in Jakarta on Monday, May 4, 2026.

Meanwhile, Ateng added, oil and gas commodities recorded a deficit of USD 1.89 billion. “The commodities contributing to the deficit in the oil and gas sector were crude oil, petroleum products, and natural gas,” he said.

Cumulatively, the trade balance for January–March 2026 recorded a surplus of USD 5.55 billion, supported by a surplus in non-oil and gas commodities of USD 10.63 billion. “Meanwhile, oil and gas commodities recorded a deficit of USD 5.68 billion,” said Ateng.

Based on countries, the United States was the largest contributor to Indonesia’s surplus, amounting to USD 4.43 billion. India followed it with USD 3.29 billion, and the Philippines with USD 2.609 billion.

Meanwhile, China was the largest contributor to Indonesia’s deficit, amounting to USD 5.18 billion. Australia followed with a deficit of USD 2.50 billion, and Singapore with USD 1.90 billion.***

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