BPS Records Indonesia's Trade Balance Surplus of US$0.12 Billion in July 2026

RRI.CO.ID, Jakarta — Indonesia’s Central Statistics Agency (BPS) recorded a trade balance surplus of US$0.12 billion in July 2026. This surplus indicates that Indonesia’s total export value exceeded its total imports during that period.

This announcement was made directly by the BPS Deputy for Distribution and Services Statistics, Ateng Hartono, during an official press conference in Jakarta on Tuesday, September 1, 2026. He stated that the surplus in July 2026 was primarily driven by non-oil and gas commodities.

“In July 2026, the goods trade balance recorded a surplus of US$0.12 billion. The trade balance surplus in July 2026 was caused by a surplus in non-oil and gas commodities,” Ateng said.

Ateng also noted that the surplus was fueled by strong exports of non-oil and gas goods, including vegetable fats and oils, mineral fuels, as well as iron and steel. However, he explained that the oil and gas sector faced a deficit due to high imports of crude oil and petroleum products.

He explained, “A surplus of US$3.10 billion was recorded for non-oil and gas commodities. The commodities contributing to the non-oil and gas surplus were primarily animal and vegetable fats and oils (HS 15), mineral fuels (HS 27), and iron and steel (HS 72). Meanwhile, the oil and gas trade balance in July 2026 recorded a deficit of US$2.98 billion, with the main contributors to the deficit being refined petroleum products and crude oil.”

Furthermore, Ateng added that Indonesia’s total trade surplus from January through July 2026 reached US$3.70 billion. The United States, India, and the Philippines were the top contributors to the surplus, whereas the largest deficits came from trade with China, Singapore, and Australia.

For the U.S. market, the top surplus drivers were electrical machinery, knitwear and accessories, and footwear. Meanwhile, the surplus with India was driven by mineral fuels, vegetable fats and oils, and electrical machinery.