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Indonesia logs 70th month of trade surplus in February

Jakarta (ANTARA) – Statistics Indonesia (BPS) reported a trade surplus of US$1.27 billion in February 2026, marking 70 consecutive months of surplus since May 2020.Speaking at a press conference in Jakarta on Wednesday, BPS Deputy for Distribution and Service Statistics Ateng Hartono said the cumulative surplus for January-February 2026 reached US$2.23 billion.Hartono said the surplus was driven by non-oil and gas commodities, while the oil and gas sector remained in deficit.”The January–February 2026 surplus was supported by a US$5.42 billion surplus in non-oil and gas, while oil and gas recorded a US$3.19 billion deficit,” he said.Exports in the first two months of 2026 rose 2.19 percent year-on-year, driven mainly by manufacturing, which recorded US$37.06 billion, up 6.69 percent.Indonesia's top export destinations were China, the United States, and India, accounting for 43.85 percent of total non-oil and gas exports.China remained the largest market at US$10.46 billion (24.69 percent), followed by the United States at US$5.00 billion (11.81 percent) and India at US$3.11 billion (7.35 percent).Exports to China were dominated by iron and steel, nickel products, and mineral fuels, while shipments to the United States were led by electrical machinery, footwear, and apparel.Meanwhile, imports reached US$42.09 billion, up 14.44 percent year-on-year.Non-oil and gas imports totaled US$36.93 billion, rising 17.49 percent, while oil and gas imports fell 3.50 percent to US$5.16 billion.