Indonesia records US$3.36 billion trade surplus in September

Indonesia’s goods trade balance posted a surplus of US$3.36 billion in September 2026, supported by non-oil and gas exports, according to figures presented by Statistics Indonesia (BPS) on 2 November.

Ateng Hartono, BPS deputy for distribution and services statistics, said non-oil and gas trade generated a US$5.67 billion surplus. Contributing commodity groups included animal and vegetable fats and oils, mineral fuels, and iron and steel.

Oil and gas trade recorded a deficit of US$2.31 billion, mainly from petroleum products and crude oil. The non-oil and gas surplus more than offset that shortfall.

For January–September 2026, the overall goods trade surplus reached US$10.61 billion. Non-oil and gas trade produced a surplus of US$34.21 billion, while oil and gas trade registered a US$23.60 billion deficit.

Across trading partners, Indonesia’s largest overall surplus was with the United States, at US$14.26 billion, followed by India at US$10.59 billion and the Philippines at US$6.48 billion. China accounted for its largest deficit, at US$21.20 billion, ahead of Singapore at US$7.03 billion and Australia at US$5.78 billion.

For non-oil and gas trade, the biggest surpluses were with the United States at US$17.37 billion, India at US$10.81 billion and the Philippines at US$6.25 billion. The largest deficits were with China at US$21.99 billion, Australia at US$5.43 billion and France at US$2.08 billion.

Animal and vegetable fats and oils were a leading contributor to the January–September non-oil and gas balance, recording a surplus of US$29.31 billion.