Indonesia’s trade balance surplus increases

Indonesia's trade balance surplus increases. (Bank Indonesia)
Indonesia's trade balance surplus is seen as positive to further support the external resilience of the country's economy.
Jakarta (Indonesia Window) – Based on data from Statistics Indonesia (locally known as its abbreviation BPS), Indonesia's trade balance surplus in May 2025 was booked at 4.30 billion US dollars, an increase compared to the surplus in April 2025 when it was recorded at 0.16 billion US dollars.Bank Indonesia (BI/the central bank) views Indonesia's trade balance surplus as positive to further support the external resilience of the Indonesian economy, the Executive Director of BI’s Communication Department, Ramdan Denny Prakoso, said in a written statement here, July 1, 2025.In the future, Bank Indonesia will continue to strengthen policy synergy with the government and other authorities to increase external resilience and support the country’s sustainable national economic growth.The higher trade balance surplus mainly comes from the increasing non-oil and non-gas trade balance surplus.The non-oil and non-gas trade balance in May 2025 recorded a surplus of 5.83 billion US dollars, in line with non-oil and non-gas exports increasing to 23.50 billion US dollars.The positive performance of non-oil and non-gas exports was mainly supported by exports based on natural resources such as animal/vegetable fats and oils, precious metals and jewelry/gems, as well as exports of manufactured products such as iron and steel.Based on destination countries, non-oil and non-gas exports to China, the United States, and India remain the main contributors to Indonesia's exports.The oil and gas trade deficit increased to 1.53 billion US dollars in May 2025 in line with the increase in oil and gas imports amidst the decline in oil and gas exports.Reporting by Indonesia WindowBagikan
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