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View all search resultsRI posts $1.27b trade surplus despite surge in capital goods imports
Precious metals and jewelry recorded the highest annual import growth, followed by mechanical appliances and electrical machinery.
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Workers load and unload containers on Feb. 4, 2026, at the Tanjung Priok Port in Jakarta. (AFP/Bay Ismoyo)
I
ndonesia’s trade surplus slightly increased to US$1.27 billion in February, compared to $954 million in the previous month, despite a rise in capital goods imports. The figure was lower than in the May-December period last year, when the country’s trade surplus consistently exceeded the $2 billion mark.
In total, imports rose 10.85 percent year-on-year (yoy) to $20.89 billion, led by capital goods imports, which surged 33.68 percent yoy to $4.61 billion. This was followed by consumer goods imports, which increased 19.84 percent to $1.76 billion and raw material imports, which rose 4.25 percent to $14.52 billion.
Precious metals and jewelry recorded the highest annual import growth, rising 63 percent, followed by mechanical appliances and electrical machinery, which grew by 51.6 percent and 19.6 percent, respectively.
Overall, imports in the January-February period totaled $42.09 billion, reflecting a 14.44 percent annual increase.
Permata Institute for Economic Research (PIER) noted that the figure was slightly above its 8.74 percent forecast and moderated from 18.21 percent in January.
Despite the slowdown, import growth continued to outpace exports, reflecting a weaker global economic outlook alongside Indonesia's pro-growth policies that have sustained domestic demand, the Jakarta-based research institute wrote in a statement.
“By economic category, imports of consumer goods, raw materials and capital goods all posted growth. However, raw materials and capital goods saw their growth moderate amid rising trade war uncertainties in February, while consumer goods imports accelerated in line with typical Ramadan seasonal patterns,” it said.
