Indonesia Books 64th Monthly Surplus, Exports Top US$185 Billion

The Central Statistics Agency (BPS) recorded a surplus of US$5.49 billion in goods trade as of August 2025. BPS Deputy for Production Statistics, M. Habibullah, explained that Indonesia’s trade balance had recorded a surplus for 64 consecutive months since May 2020.

“The surplus in August 2025 was largely supported by a surplus in non-oil and gas commodities of US$7.5 billion, with animal and vegetable fats and oils, mineral fuels, and iron and steel contributing to the surplus,” he said in a BRS release on Wednesday (1/10/2025).

At the same time, the oil and gas trade balance recorded a deficit of US$1.66 billion, with oil products being the main contributor. From January to August 2025, the total import value reached US$155.99 billion, a 2.05% increase compared to the same period last year. Oil and gas imports were recorded at US$21.11 billion, down 12.82%. Non-oil and gas imports were recorded at US$134.88 billion, up 4.85%.

Capital goods imports reached US$31.32 billion, up 17.94% compared to the same period last year, contributing 3.12% to the increase. Imports of capital goods that saw significant increases included electrical machinery and equipment, ships and floating structures, and aircraft and parts. Meanwhile, imports of auxiliary raw materials fell 1.09% to US$110.57 billion. Similarly, imports of consumer goods decreased 2.85% to US$14.09 billion. When viewed by import destination country and region, imports increased from China, Japan, and the US. Meanwhile, imports from ASEAN and the European Union decreased.

In August 2025, the total import value reached US$19.47 billion, a 6.56% decrease compared to August 2024. Oil and gas imports reached US$2.73 billion, a 3.17% year-on-year increase. Meanwhile, non-oil and gas imports reached US$16.74 billion, a 7.98% decrease. The annual decline in import value was driven by a decrease in non-oil and gas imports, contributing 6.97% to the decrease. The Central Statistics Agency (BPS) recorded that the total export value from January to August 2025 reached US$185.13 billion, a 7.72% increase compared to the same period last year.

M. Habibullah, Deputy for Production Statistics at BPS, noted that oil and gas exports reached US$9.04 billion, a 14.14% decrease. Non-oil and gas exports increased by 9.15% to US$176.09 billion.

“When viewed by sector, the cumulative increase in non-oil and gas exports occurred in the processing and agricultural sectors,” he said in a BRS release on Wednesday (October 1, 2025).

He stated that the processing sector was the main driver of the increase in non-oil and gas export performance from January to August 2025, contributing 12.26%. Exports from the processing sector that saw significant increases included palm oil, non-ferrous base metals, organic basic chemicals sourced from agricultural products, jewelry and valuables, and semiconductors and other electronic components.

“When viewed by country and main export destination region, the value of non-oil and gas exports to China was recorded at US$40.44 billion, an 8.68% increase compared to the same period last year,” he explained. Compared cumulatively, non-oil and gas exports to the US, ASEAN, and the European Union increased, while those to India decreased.

September 25, 2025, CNBC Indonesia

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