No.28/130/DKom
Based on data released by BPS-Statistics Indonesia, Indonesia recorded a trade deficit totalling USD1.61 billion in May 2026. The deficit was impacted by a wider oil and gas trade deficit amid a maintained non-oil and gas trade surplus. The oil and gas trade deficit widened to USD3.76 billion in May 2026, driven by a larger decline in oil and gas exports than the decrease recorded in oil and gas imports. Meanwhile, the non-oil and gas trade balance in May 2026 maintained a USD2.15 billion surplus, underpinned by solid non-oil and gas export performance totalling USD22.44 billion. Positive non-oil and gas export performance was primarily bolstered by exports of natural resource-based commodities, such as mineral fuel as well as nickel and articles thereof. Based on destination country, non-oil and gas exports to China, the United States and India remained the main contributors to Indonesia's exports. Cumulatively, therefore, Indonesia's trade balance for the January-May 2026 period maintained a USD4.03 billion surplus.
Moving forward, Bank Indonesia will continue strengthening policy synergy with the Government and other relevant authorities to further strengthen external resilience and support sustainable national economic growth.
Jakarta, 1st July 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
