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View all search resultsRI maintains trade surplus despite spiking capital goods imports
CPO emerged as the standout performer, with exports reaching $11.4 billion in the first half, a 24.8 percent increase from the same period last year.
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Gearing up: A worker monitors the loading process of a container at the Tanjung Perak port in Surabaya, East Java, in this undated photo. (thejakartapost.com/Wahyoe Boediwardhana)
I
ndonesia recorded yet another trade surplus in June, as moderate export growth, boosted by crude palm oil (CPO), outpaced a rise in capital goods imports, which came despite a slump in the manufacturing sector.
Statistics Indonesia (BPS) deputy for distribution and services, Pudji Ismartini, revealed in a press conference on Friday that Indonesia’s trade balance remained in surplus in June, with exports once again exceeding imports.
The US$4.1 billion surplus marked the 62nd consecutive month of surplus since the streak began in May 2020, Pudji noted. The same trend held for the first half of 2025, which saw a total surplus of $19.5 billion.
The United States contributed the largest bilateral surplus in the first half, at over $8.57 billion, far ahead of India with $6.6 billion and the Philippines with $4.4 billion. The main contributors to the surplus with the US were electrical machinery, clothing and footwear shipments.
China, on the other hand, accounted for the largest deficit at $9.7 billion, driven by imports of mechanical machinery, electrical machinery and vehicles, followed by Singapore and Australia at $3.1 billion and $2.7 billion, respectively.
Exports in June totaled $23.4 billion, up 11.3 percent year-on-year (yoy) from $21 billion in the same month last year.
Indonesia’s top three export commodities in the first half were iron and steel, coal and crude palm oil, which together made up nearly a third of total exports.
