Indonesia's Trade Balance Surpluses US$3.58 Billion in H1 2026, Non-Energy Sector Drives Growth

The Central Statistics Agency (BPS) announced that Indonesia's trade balance for the first semester of 2026 (January-June) recorded a surplus of US$3.58 billion. This positive achievement was primarily driven by the strong performance of the non-oil and gas sector. Ateng Hartono, Deputy for Distribution and Services Statistics at BPS, stated at a press conference in Jakarta, "From January to June 2026, Indonesia's trade balance in goods experienced a surplus of US$3.58 billion." He detailed that the surplus in the first half of the year was supported by a non-oil and gas commodity surplus of US$19.35 billion, while oil and gas commodities still recorded a deficit of US$15.77 billion. Regarding export and import trends, Indonesia's total exports in the first half of 2026 reached US$140.81 billion, an increase of 4.13 percent compared to the same period last year. The manufacturing industry sector was a significant contributor to export growth, with a contribution of 6.18 percent. Meanwhile, total imports for the same period were recorded at US$137.23 billion, a jump of 18.69 percent compared to the first half of 2025. However, in contrast to the cumulative trend of the semester, Indonesia's trade balance specifically in June 2026 recorded a deficit of US$450 million. This was due to higher import values compared to exports in June. The export value for June was US$25.46 billion, and the import value was US$25.91 billion.