Indonesia’s Trade Balance Posts Another Surplus in July 2026
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According to Statistics Indonesia (BPS), Indonesia’s trade balance recorded a surplus of US$121.9 million in July 2026, ending a two-month deficit trend.
"The trade balance surplus in July 2026 was driven by a non-oil and gas surplus of US$3.10 billion," said Ateng Hartono, Deputy for Distribution and Services Statistics at BPS, in a press conference on Tuesday (1/9/2026).
The primary drivers of the non-oil and gas surplus were animal or vegetable fats and oils, mineral fuels, as well as iron and steel.
On the other hand, oil and gas trade still recorded a deficit of US$2.98 billion in July 2026, driven by refined oil products and crude oil.
Cumulatively, from January to July 2026, the oil and gas sector experienced a deficit of US$18.75 billion, while the non-oil and gas sector posted a surplus of US$22.45 billion.
As a result, as of July 2026, Indonesia’s trade balance remains in surplus at US$3.7 billion.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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