Jakarta. Indonesia’s imports of crude oil and refined fuel products surged in April, contributing to the country’s smallest monthly trade surplus in six years, according to data released on Tuesday by the Central Statistics Agency.

Total oil and gas imports reached $4.6 billion in April 2026, an increase of 82.52% from $2.52 billion in the same month last year.

Deputy for Statistical Distribution and Services at the agency, Pudji Ismartini, said crude oil imports rose 67.49%, with Nigeria, Brazil, and Kazakhstan serving as the main suppliers.

Imports of refined fuel products climbed even more sharply, rising 87.76%, with Malaysia, Singapore, and Egypt emerging as the leading sources.

“The value of refined fuel imports increased by 87.76%, with Malaysia, Singapore, and Egypt as the main countries of origin,” Pudji said in Jakarta.

Cumulatively, Indonesia’s oil and gas imports totaled $12.93 billion during the January-April period, up 17.58% from $11 billion a year earlier.

Meanwhile, non-oil and gas imports increased 14.11% year-on-year in April to $20.62 billion.

As a result, Indonesia’s total imports reached $25.21 billion in April, up 22.49% from $20.59 billion in the same month of 2025.

Smallest Trade Surplus in Six Years
With exports reaching $25.3 billion in April, Indonesia still recorded a trade surplus of $89 million.

However, the figure marked the smallest monthly surplus since the country began an uninterrupted streak of trade surpluses in May 2020.

“This is the lowest surplus recorded in the past 72 months,” Pudji said.

The main pressure on the trade balance came from the oil and gas sector, which posted a deficit of $3.4 billion during the month.

Excluding oil and gas trade, Indonesia would have recorded a surplus of $3.53 billion.

For the January-April period, Indonesia posted a cumulative trade surplus of $5.64 billion.

Pudji said cumulative exports during the first four months of 2026 reached $92.15 billion, an increase of 5.48% from the same period last year.

Imports during the same period rose 13.4% to $86.51 billion, reflecting stronger domestic demand and rising purchases of energy commodities.

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