Indonesia Sees 25% Surge in H1 Trade Surplus, Driven by Exports to US and India
Jakarta. Indonesia recorded a trade surplus of $19.48 billion in the first half of 2025, a 25 percent increase from the $15.58 billion posted during the same period last year, according to data released by the Central Statistics Agency (BPS) on Friday.
The country’s trade surplus has now continued for 62 consecutive months -- spanning the latter half of President Joko Widodo’s administration and into the first eight months of President Prabowo Subianto’s term.
Deputy Chief Statistician Pudji Ismartini said the strong performance was underpinned by a 7.70 percent year-on-year increase in exports, which totaled $135.41 billion in the first six months of 2025, up from $125.73 billion in the same period last year.
“The most notable increases in processed exports were seen in palm oil, base metals, agricultural products, semiconductors, and other electronic components,” Pudji said during a press conference in Jakarta.
Non-oil and gas exports rose by 8.96 percent to $128.39 billion, while oil and gas exports declined by 11.04 percent to $7.03 billion.
The United States, India, and the Philippines were Indonesia’s top three export destinations from January to June 2025, accounting for $9.92 billion, $6.64 billion, and $4.36 billion in exports, respectively.
On the import side, Indonesia saw a 5.25 percent year-on-year increase in the first half of the year, with total imports reaching $115.94 billion, up from $110.15 billion in H1 2024. The growth was driven primarily by purchases of capital goods.
China remained Indonesia’s largest source of imports, with goods worth $10.69 billion, followed by Australia at $2.39 billion and Brazil at $830 million.
For June alone, Indonesia posted a monthly trade surplus of $4.10 billion. Exports for the month rose 11.29 percent year-on-year to $23.44 billion, while imports increased by 4.28 percent to $19.33 billion, led by consumer and capital goods.
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