Indonesia’s exports reached USD 26.22 billion in July 2026, up 6.05% from the same month a year earlier, according to Statistics Indonesia (BPS). The growth exceeded the 3.36% increase expected in a Reuters poll.
The increase was driven primarily by non-oil and gas exports, which rose 6.84% year-on-year to USD 25.43 billion. Oil and gas exports, by contrast, declined 14.58% to around USD 790 million.
Manufacturing remained the largest contributor to non-oil and gas exports, reaching USD 21.76 billion in July. Export growth in the sector was supported by products including basic chemicals, aluminium, copper, iron and steel. Mining and other products contributed USD 3.10 billion, while agriculture, forestry and fisheries accounted for USD 570 million.
Among major commodity groups, mineral fuel exports increased 34.86% year-on-year, while iron and steel exports rose 20.31%. Exports of electrical machinery, equipment and parts also increased 22.52%.
Imports, however, increased substantially faster than exports. Indonesia imported USD 26.09 billion worth of goods in July, up 27.02% year-on-year and above the 24% increase expected in the Reuters poll. Non-oil and gas imports rose 23.83% to USD 22.33 billion.
The figures left Indonesia with a trade surplus of roughly USD 120 million in July, marking a return to surplus after deficits in May and June. Indonesia had recorded a USD 1.6 billion deficit in May, followed by a narrower USD 450 million deficit in June.
For the January–July period, exports totalled USD 167.03 billion, an increase of 4.43% from a year earlier, while imports rose 19.94% to USD 163.33 billion. The country recorded a cumulative trade surplus of USD 3.70 billion during the seven-month period.
The cumulative balance continued to reflect a contrast between non-oil and gas trade and the energy sector. Indonesia recorded a USD 22.45 billion non-oil and gas surplus between January and July, while oil and gas trade posted a deficit of USD 18.75 billion.
