Indonesia posted a trade deficit of USD 0.45 billion in June 2026, shifting from a USD 4.11 billion surplus in the same month last year and missing expectations of a USD 0.79 billion deficit. It was the second consecutive monthly trade deficit, as import growth outpaced export growth. Imports surged 34.27% yoy, exceeding estimates of 25.3% and accelerating from a 22.16% increase in May, amid higher oil prices. Meanwhile, exports grew 8.84%, rebounding from a 5.73% drop in May, which was the steepest decline in six months, and surpassing forecasts of a 0.25% rise. Non-oil and gas exports rose 9.46% to USD 24.39 billion, driven by stronger shipments to the US (15.40%), China (20.07%), Japan (7.13%), and ASEAN (12.03%). By contrast, oil and gas exports fell 3.78%, largely due to a decline in crude oil (-100.0%) and natural gas (-9.90%) exports. In H1 of 2026, the country posted a trade surplus of USD 3.57 billion, with exports and imports rising 4.13% and 18.69%, respectively. source: Statistics Indonesia

Indonesia recorded a trade deficit of 450 USD Million in June of 2026. Balance of Trade in Indonesia averaged 941.82 USD Million from 1960 until 2026, reaching an all time high of 7564.84 USD Million in April of 2022 and a record low of -2331.12 USD Million in April of 2019. This page provides the latest reported value for - Indonesia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Indonesia recorded a trade deficit of 450 USD Million in June of 2026. Balance of Trade in Indonesia is expected to be 1300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Balance of Trade is projected to trend around 4500.00 USD Million in 2027 and -217900.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-01 04:30 AM
Balance of Trade
May $-1.61B $0.09B $1.2B $4.0B
2026-08-03 04:00 AM
Balance of Trade
Jun $-0.45B $-1.61B $-0.79B $-0.6B
2026-09-01 04:00 AM
Balance of Trade
Jul $-0.45B $-0.3B


Related Last Previous Unit Reference
Balance of Trade -450.00 -1610.00 USD Million Jun 2026
Exports 25458.70 23203.50 USD Million Jun 2026
Exports YoY 8.84 -5.73 percent Jun 2026
Imports 25909.20 24813.70 USD Million Jun 2026
Imports YoY 34.27 22.16 percent Jun 2026
Tourist Arrivals YoY 1386575.00 1382087.00 Jun 2026


Indonesia Balance of Trade
Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, from 2012 to 2014 the country started recording trade deficits, as exports shrank due to slowdown in the global economy and fall in commodity prices. In 2015, trade balance swang again to surplus due to almost 20 percent fall in imports. In recent years, the biggest trade deficits were recorded with China, Thailand, Japan, Germany and South Korea. Indonesia records trade surpluses mainly with India, United States, and Malaysia.
Actual Previous Highest Lowest Dates Unit Frequency
-450.00 -1610.00 7564.84 -2331.12 1960 - 2026 USD Million Monthly

News Stream
Indonesia Trade Deficit Below Estimates
Indonesia posted a trade deficit of USD 0.45 billion in June 2026, shifting from a USD 4.11 billion surplus in the same month last year and missing expectations of a USD 0.79 billion deficit. It was the second consecutive monthly trade deficit, as import growth outpaced export growth. Imports surged 34.27% yoy, exceeding estimates of 25.3% and accelerating from a 22.16% increase in May, amid higher oil prices. Meanwhile, exports grew 8.84%, rebounding from a 5.73% drop in May, which was the steepest decline in six months, and surpassing forecasts of a 0.25% rise. Non-oil and gas exports rose 9.46% to USD 24.39 billion, driven by stronger shipments to the US (15.40%), China (20.07%), Japan (7.13%), and ASEAN (12.03%). By contrast, oil and gas exports fell 3.78%, largely due to a decline in crude oil (-100.0%) and natural gas (-9.90%) exports. In H1 of 2026, the country posted a trade surplus of USD 3.57 billion, with exports and imports rising 4.13% and 18.69%, respectively.
2026-08-03
Indonesia Posts 1st Trade Gap in Over 6 Years
Indonesia unexpectedly posted a trade deficit of USD 1.61 billion in May 2026, shifting from a USD 4.30 billion surplus in the same month last year and missing expectations of a USD 1.2 billion surplus. It was the first trade deficit since April 2020, as exports unexpectedly fell while imports surged. Imports soared 22.16% yoy, exceeding estimates of 19.5%, with oil and gas imports surging 70.78%, while non-oil and gas imports grew 14.89%. Meanwhile, exports unexpectedly fell 5.73%, reversing sharply from a 21.98% surge in April and defying forecasts of a 6.4% rise, marking the steepest decline since November. Oil and gas exports plunged 31.76%, largely due to a sharp decline in crude oil (-100.0%) and natural gas (-44.57%) exports, while non-oil and gas exports dropped 4.50%. By destination, non-oil and gas exports fell mainly to key trading partners, including the US (-6.24%) and India (-24.21%). For the 1st five months of 2026, the country posted a trade surplus of USD 4.03 billion.
2026-07-01
Indonesia Trade Surplus Smallest Since 2020
Indonesia’s trade surplus narrowed to USD 0.09 billion in April 2026 from USD 0.20 billion in the same month last year, falling well below expectations of USD 1.5 billion and marking the smallest trade surplus since Indonesia posted a deficit in April 2020. Imports jumped 22.49% yoy, accelerating sharply from 1.51% in March and far exceeding estimates of 3.25%, with oil and gas imports soaring 85.52%, while non-oil and gas imports rose 14.11%. Meanwhile, exports surged 21.98%, rebounding sharply from a 3.1% decline in March and far exceeding forecasts of 8.8%, marking the strongest growth since August 2022. Non-oil and gas exports surged 23.36%, while oil and gas exports fell 1.20%, due to a sharp decline in crude oil (-35.54%) and natural gas (-13.28%). By destination, non-oil and gas exports grew mainly to key trading partners: the US (38.72%), China (29.56%), Japan (10.03%), and ASEAN (13.26%). For the first four months of 2026, the country posted a USD 5.64 billion trade surplus.
2026-06-02