Strong Exports Lift Indonesia’s Trade Surplus to $38.5 Billion
Jakarta. Indonesia recorded a trade surplus of $38.54 billion in the January–November 2025 period, equivalent to about Rp 643.7 trillion, according to data released on Monday by the Central Statistics Agency.
The surplus was driven by non-oil and gas trade, which posted a surplus of $56.15 billion, while the oil and gas sector recorded a deficit of $17.61 billion, the data showed.
Indonesia’s total imports during the first 11 months of 2025 reached $218.02 billion, up 2.03% year on year. Non-oil and gas imports accounted for $188.61 billion of the total, rising 4.37% compared with the same period in 2024.
Total exports over the same period amounted to $256.56 billion, representing growth of 5.61% year on year. Non-oil and gas exports reached $244.75 billion, up 7.07% from a year earlier.
China remained Indonesia’s largest destination for non-oil and gas exports, with shipments valued at $58.24 billion. This was followed by the United States at $28.14 billion and India at $16.44 billion. Combined, the three markets accounted for 42% of Indonesia’s total non-oil and gas exports.
Exports to China represented 23.8% of Indonesia’s total non-oil and gas shipments, dominated by iron and steel, mineral fuels, and nickel products. The United States contributed 11.5%, while India accounted for 6.72%.
By region, non-oil and gas exports to the Association of Southeast Asian Nations totaled $47.21 billion, representing 19.29% of the total, while exports to the European Union reached $17.75 billion, or 7.25%.
On the import side, China was also Indonesia’s largest source of non-oil and gas imports during the January–November period, with shipments valued at $77.52 billion, accounting for 41.1% of the total. This was followed by Japan at $13.28 billion, or 7.04%, and the United States at $8.93 billion, or 4.73%.
Imports from ASEAN totaled $29.46 billion, representing 15.62% of non-oil and gas imports, while imports from the European Union stood at $11.2 billion, or 5.94%.
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