Indonesia’s trade balance recorded a surplus of USD 4.17 billion in July 2025, according to the Central Statistics Agency (BPS). The figure was slightly higher than the previous month’s surplus of USD 4.11 billion. 

“With this, Indonesia’s trade balance has now recorded a surplus for 63 consecutive months since May 2020,” said BPS Deputy for Distribution and Services Statistics, Pudji Ismartini, at a virtual press conference on Monday, September 1. 

She explained that the surplus in the period was supported by a non-oil and gas surplus of USD 5.75 billion, mainly from animal or vegetable fats and oils, mineral fuels, and iron and steel. 

The surplus was achieved because export values were higher than imports. BPS reported Indonesia’s exports in July 2025 reached USD 24.75 billion, an increase of 9.86% compared with July 2024. 

Meanwhile, imports in July 2025 stood at USD 20.57 billion, a decline of 5.96% year-on-year. 

At the same time, BPS noted the oil and gas trade balance remained in deficit at USD 1.58 billion, mainly due to imports of crude oil and refined petroleum products, Pudji said. 

Cumulatively, from January to July 2025, Indonesia’s trade balance recorded a surplus of USD 23.65 billion. The figure was driven by a non-oil and gas surplus of USD 34.06 billion, while the oil and gas sector still recorded a deficit of USD 10.41 billion. 

This article is published in partnership with Katadata 

Original article here