Indonesia Imports YoY

Indonesia’s imports climbed 10.85% year-on-year to USD 20.89 billion in February 2026, slowing from 18.21% in January and coming in below market expectations of an 11.20% rise. Non-oil and gas imports rose 18.24% to USD 18.90 billion, mainly driven by higher purchases of machinery and mechanical appliances and parts thereof (19.61%) and electrical machinery and equipment and parts (51.60%). By contrast, oil and gas imports fell sharply, plunging 30.36% to USD 2.0 billion, due to lower imports of crude oil (-65.70%) and oil products (-16.13%). Among trading partners, non-oil and gas imports were primarily sourced from China, surging 29.01%, followed by ASEAN countries (27.78%), while imports from Japan (-16.47%) and the U.S. (-0.66%) declined. For the first two months of the year, imports rose 14.44% to USD 42.09 billion.

Indonesia’s imports surged 18.21% year-on-year to USD 21.21 billion in January 2026, accelerating from 10.81% in December and comfortably exceeding market expectations of a 13.23% rise. It marked the strongest annual growth since April 2025, as non-oil and gas imports climbed 16.71% to USD 18.04 billion, driven by higher purchases of machinery and mechanical appliances and parts thereof (12.09%), electrical machinery and equipment and parts (29.54%), and vehicles and their accessories (7.48%). Oil and gas imports rose even more sharply, jumping 27.52% to USD 3.17 billion, led by increases in crude oil (118.45%) and oil products (1.58%). By origin, non-oil and gas imports were primarily sourced from China, which accounted for 43.75% of the total at USD 7.89 billion, followed by Australia (5.92% or USD 1.07 billion) and Japan (5.25% or USD 0.95 billion).

Indonesia’s imports unexpectedly increased 10.81% year-on-year to a record high of USD 23.83 billion in December 2025, accelerating sharply from a 0.46% rise in November and beating market forecasts of a 0.7% decline, amid the government’s efforts to boost domestic demand. This marked the fastest increase in imports since last April. The rise was driven by a 1.71% increase in oil and gas imports, reflecting higher oil product purchases (4.05%), while non–oil and gas imports rose 12.46% to USD 20.48 billion, rebounding from a 1.15% decline in November. By country, imports increased from China (25.69%), the US (28.07%), ASEAN (10.60%), and the EU (3.30%). Conversely, purchases from Japan plunged 15.15%. By commodity, imports rose mainly for electrical machinery and equipment, and their parts (43.24%), as well as machinery and mechanical equipment and their parts (23.09%). For the full year of 2025, total imports grew 2.83% year-on-year to USD 241.86 billion.