Indonesia Records Trade Surplus of US$3.12 Billion in February 2025, Marking 58 Consecutive Months

Indonesia's trade balance recorded a US$3.12 billion surplus in February 2025, extending its record streak to 58 consecutive months.

The surplus occurred as exports exceeded imports. According to data from Statistics Indonesia (BPS), Indonesia's exports in February reached US$21.98 billion, reflecting a 2.58% increase from the previous month.

Meanwhile, imports amounted to US$18.86 billion, marking a 5.18% rise compared to January 2025.

"In February 2025, the trade balance recorded a US$3.12 billion surplus, a decrease of US$0.38 billion on a monthly basis. With this, Indonesia has maintained a trade surplus for 58 consecutive months since May 2020," said BPS Chief Amalia Adininggar Widyasanti during a press conference in Jakarta on Monday (March 17, 2025).

Import Growth Driven by Non-Oil and Gas Sector

Amalia further explained that Indonesia’s oil and gas imports in February amounted to US$2.87 billion, rising 15.5% from the previous month. Meanwhile, non-oil and gas imports totaled US$16 billion, up 3.52%.

She noted that the monthly import increase was primarily driven by the growth in non-oil and gas imports.

"On an annual basis, imports in February 2025 increased by 2.30%. The rise occurred both monthly and annually, mainly due to higher non-oil and gas imports," she explained.