Indonesia’s Central Statistics Agency (BPS) recorded Indonesia’s import value in June 2026 at USD 25.91 billion, up 34.27% compared with the same period last year. The surge was mainly driven by higher oil and gas imports, as well as increased demand for raw materials and capital goods for industry. 

BPS Deputy for Distribution and Services Statistics Ateng Hartono said the value of oil and gas imports in June 2026 reached USD 4.56 billion, soaring 105.15% compared with June 2025. Meanwhile, non-oil and gas imports stood at USD 21.35 billion, up 25.05% year on year. 

The overall increase in imports was mainly contributed by non-oil and gas imports, which accounted for 22.17% of import growth. 

By use of goods, all import categories recorded increases. Imports of consumer goods rose 17.46% compared with June last year, while imports of raw materials and auxiliary goods, the main contributor, jumped 38.94%, with a 26.94% share in the increase in imports. Imports of capital goods rose 26.53% year on year. 

Cumulatively, from January to June 2026, Indonesia’s import value reached USD 137.24 billion, growing 18.69% compared with the same period last year. Oil and gas imports increased 38.71% to USD 22 billion, while non-oil and gas imports rose 15.50% to USD 115.23 billion. 

BPS data showed that the increase in imports in the first half of the year mainly came from the raw materials and auxiliary goods category, whose value reached USD 97.95 billion, up 18.38% compared with last year. Commodities that contributed most to the increase in this category included mineral fuels, machinery and electrical equipment, as well as salt, sulfur, stone, and cement. 

Ateng said the increase occurred in both value and volume terms. On a monthly basis, import volume in June 2026 rose 11.50%, while import value increased 4.41%. However, BPS has not concluded whether the increase was influenced by transportation costs, exchange rates, or other factors, as this would require further study. 

Meanwhile, for oil and gas imports, Ateng explained that the increase was due to higher import value and volume, along with oil and gas prices that remained relatively high. 

The three largest countries of origin for oil and gas imports from January to June 2026 were Singapore, with a share of 28.36%, Malaysia at 19.77%, and the United States at 8.55%. The largest oil and gas import commodities consisted of crude oil worth USD 16.16 billion and refined oil products worth USD 5.85 billion. 

This article is published in partnership with Katadata 

Original article here