Indonesia’s Trade Surplus Reaches US$35.88 Billion as Exports Hit US$24.24 Billion in October 2025

Indonesia recorded a trade surplus of US$35.88 billion for the January–October 2025 period supported by strong non-oil and gas (nonmigas) performance despite a slight monthly decline in exports, according to the latest Berita Resmi Statistik issued by Badan Pusat Statistik (BPS).

Indonesia’s October 2025 export value reached US$24.24 billion, down 2.31% compared to the same month last year. Nonmigas exports fell marginally by 0.51% to US$23.34 billion. However, cumulative export performance remains solid, with January–October 2025 exports rising 6.96% to US$234.04 billion.

Nonmigas exports dominated with US$223.12 billion, an increase of 8.42% year-on-year. The only major commodity group experiencing a decline was mineral fuels, which fell by 20.25%, while the highest growth came from animal/vegetable fats and oils including palm oil up 31.93%.

Top Export Destinations

According to data China remained Indonesia’s largest export market, absorbing US$52.45 billion worth of nonmigas goods, followed by:

• United States: US$25.56 billion
• India: US$15.32 billion
  Exports to ASEAN and the European Union (EU-27) contributed 19.24% and 7.35% respectively.

Sectors Driving Export Growth

Export growth was strongest in:

• Manufacturing: Up 15.75%, driven by electronics and palm oil
• Agriculture, forestry, fisheries: Up 28.56% due to rising coffee exports
  Meanwhile, mining products fell sharply by 24.43%, mainly due to reduced coal shipments.

Indonesia’s October 2025 imports were valued at US$21.84 billion, down 1.15% from October 2024. However, nonmigas imports rose 3.26% to US$19.03 billion.

Cumulatively, imports climbed 2.19% to US$198.16 billion for the January–October period.

Notably:

• Nonmigas imports increased 4.95% to US$171.61 billion
• Migas imports dropped 12.67%, pressured by lower crude oil and refined fuel import volumes

Largest Import Partners

• China continued as the dominant supplier with US$70.19 billion (40.9% of all nonmigas imports)
• Followed by Japan (US$12.17 billion) and the United States (US$8.17 billion)
  Imports from ASEAN accounted for 15.71%, and from the EU for 5.82%.

Trade Surplus Strengthens Despite Oil and Gas Deficit

Indonesia’s trade surplus of US$35.88 billion from January–October 2025 is driven entirely by the nonmigas sector, which generated a surplus of US$51.51 billion. The migas sector posted a US$15.63 billion deficit over the same period.

In October alone, Indonesia recorded a surplus of US$2.39 billion, supported by a US$4.31 billion surplus in nonmigas trade, although migas trade remained in deficit at US$1.92 billion.

Provincial Export Contributions

Data shows that three provinces accounted for 32.61% of Indonesia’s total exports:

• West Java: US$32.25 billion (13.78%)
• East Java: US$24.46 billion (10.45%)
• Riau Islands: US$19.61 billion (8.38%)

Indonesia recorded a strong trade surplus of USD 3.58 billion in October 2025, underscoring the country’s continued resilience in global trade despite uncertain economic conditions. Total exports rose to USD 24.24 billion driven by solid demand for mining products, manufactured goods and key agricultural commodities such as coal, nickel-based products, palm oil and electronics-related components.

This article was contributed by Temasek Post, a digital news company delivering trusted insights at the intersection of business, technology, and lifestyle, empowering the Southeast Asian and global audience with stories that inform, connect, and inspire.