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REPUBLIKA.CO.ID, JAKARTA — Indonesia's The Central Statistics Agency (BPS) has released its latest figures showing that Indonesia’s trade balance remains in surplus. As of November 2025, the country posted a trade surplus of 2.66 billion US dollars.
“In November 2025, Indonesia recorded a goods trade surplus of 2.66 billion US dollars. This marks the 67th consecutive month of surplus since May 2020,” said BPS Deputy for Distribution and Services Statistics, Pudji Ismartini, during a press briefing at the BPS Office in Jakarta on Monday (5/1/2026).
More specifically, Indonesia’s export value in November 2025 amounted to 22.52 billion US dollars, representing a year-on-year decline of 6.60 percent. Oil and gas exports totaled 0.88 billion US dollars, down 32.88 percent compared to the same month last year. Meanwhile, non-oil and gas exports decreased by 5.09 percent to 21.64 billion US dollars.
The contraction in export value during November 2025 was mainly attributed to lower non-oil and gas exports, particularly mineral fuels (HS27), which dropped by 18.89 percent and contributed minus 2.77 percent; animal and vegetable fats and oils (HS15), which declined by 18.81 percent with a minus 2.12 percent share; and iron and steel (HS72), which fell by 17.14 percent, contributing minus 1.71 percent.
On the import side, the total value of imports in November 2025 reached 19.86 billion US dollars, reflecting a year-on-year increase of 0.46 percent. Oil and gas imports were valued at 2.86 billion US dollars, rising 11.19 percent annually, while non-oil and gas imports stood at 17.00 billion US dollars, down 1.15 percent.
The annual increase in import value was driven primarily by the oil and gas sector, which contributed 1.46 percent. Based on usage categories, imports of consumer goods as well as raw and auxiliary materials declined in November 2025.
As a result, the difference between exports valued at 22.52 billion US dollars and imports totaling 19.86 billion US dollars amounted to a surplus of 2.66 billion US dollars, indicating that Indonesia’s goods trade balance remains firmly in surplus.
Cumulatively, from January to November 2025, Indonesia’s total exports reached 256.56 billion US dollars, an increase of 5.61 percent compared to the same period last year. Over the same period, total imports amounted to 218.02 billion US dollars, up 2.03 percent compared to January–November 2024.
