Trade Surplus Keeps Indonesia’s Export Performance on Track

RRI.CO.ID, Jakarta - Indonesia once again recorded a trade surplus in July 2026, amounting to USD 0.12 billion. The surplus was supported by a USD 3.10 billion surplus in non-oil and gas trade, which was able to offset a USD 2.98 billion deficit in oil and gas trade.

Trade Minister Budi Santoso said the achievement showed that Indonesia’s trade performance remained well maintained. In July 2026, Indonesia’s exports grew by 2.98 percent compared with June, while non-oil and gas exports increased by 4.25 percent.

“The trade surplus in July 2026 shows that Indonesia’s export performance remains well maintained. Diversification of export markets and commodities needs to be continuously strengthened to increase the contribution of non-oil and gas trade. The government will continue to encourage business players to take advantage of opportunities in various destination markets and expand markets for Indonesian export products,” he said in an official statement received in Jakarta on Wednesday, September 2, 2026.

Cumulatively, from January to July 2026, Indonesia recorded a trade surplus of USD 3.70 billion. The non-oil and gas trade surplus reached USD 22.45 billion, while oil and gas trade posted a deficit of USD 18.75 billion. The United States was the largest contributor to Indonesia’s non-oil and gas trade surplus, followed by India and the Philippines.

Indonesia’s export value in July reached USD 26.22 billion, up 6.05 percent compared with July 2025. Non-oil and gas exports totaled USD 25.43 billion. Cumulatively, exports from January to July 2026 reached USD 167.03 billion, growing by 4.43 percent compared with the same period last year.

The manufacturing sector remained the main contributor, accounting for 82.18 percent of total exports. “The manufacturing industry is one of the main strengths of Indonesia’s exports. Strengthening added value through downstream processing and improving the competitiveness of export products must continue so that more Indonesian products can penetrate global markets,” he said.

Meanwhile, imports in July 2026 reached USD 26.09 billion, up 0.72 percent compared with the previous month. From January to July, imports totaled USD 163.33 billion. Most imports consisted of raw materials, auxiliary materials, and capital goods needed to support domestic production and investment activities.

Budi said the government would continue to strengthen product competitiveness, downstream processing, and export market diversification. “The government will continue to maintain a balance between strengthening domestic trade and increasing exports, so that Indonesia’s trade performance can continue to grow sustainably,” he said.