RI Cetak Surplus Neraca Dagang USD 3,32 Miliar di Maret 2026

Summary

The transcript provides a detailed overview of Indonesia's trade performance in early 2026. From January to March, total exports reached $66.85 billion, with non-oil and gas exports rising 0.98%, led by the manufacturing sector including nickel, organic chemicals, palm oil, and electronics. Exports to China, India, and ASEAN increased, while those to the US and EU declined. In March alone, exports fell year-on-year due to drops in animal and vegetable fats, cocoa, coffee, tea, and spices. Imports totaled $61.30 billion, driven by raw materials and machinery, particularly from China, Australia, ASEAN, and the EU, while imports from Japan decreased. Key import commodities included mechanical equipment, electrical machinery, and plastics.

Takeaways

• 📈 Total exports from Indonesia in Jan–Mar 2026 reached $66.85 billion, up 0.34% compared to the same period last year.
• 🛢️ Oil & gas exports declined by 10.58% in Jan–Mar 2026, totaling $3.25 billion, with March alone down 11.84% YoY.
• 🏭 Non-oil & gas exports increased by 0.98% to $63.60 billion, driven mainly by the manufacturing sector.
• 🔋 Key non-oil & gas export commodities with significant growth include nickel, organic chemicals, palm oil, and electronics like semiconductors.
• 🌏 China is the largest export destination for non-oil & gas products, with exports rising 17.49%, while exports to the US and EU declined.
• 📉 Certain non-oil & gas commodities showed steep declines in March 2026 YoY: animal/vegetable fats (-27.02%), cocoa (-50.89%), coffee, tea & spices (-54.69%).
• 📦 Total imports for Jan–Mar 2026 were $61.30 billion, up 10.05% YoY, with non-oil & gas imports rising 12.16%.
• ⚙️ Raw materials and auxiliary goods are the main drivers of import growth, especially mechanical equipment, electrical machinery, and plastics.
• 🛒 Consumer goods imports fell 10.81% YoY in March 2026, while capital goods imports increased by 4.98%.
• 🌐 Key import sources showing growth include China, Australia, ASEAN countries, and the EU, while imports from Japan declined.
• 📊 The top three non-oil & gas imported commodities accounted for 37.77% of total non-oil & gas imports and showed growth in both value and volume.

Q & A

What was the total value of Indonesia's exports from January to March 2026?

The total value of Indonesia's exports from January to March 2026 reached 66.85 billion US dollars, representing an increase of 0.34% compared to the same period in 2025.

How did the export of oil and gas (migas) perform in early 2026?

Oil and gas exports (migas) amounted to 3.25 billion US dollars from January to March 2026, which is a decrease of 10.58% compared to the same period last year.

Which sector was the main driver of non-oil and gas (nonmigas) export growth?

The main driver of non-oil and gas export growth was the manufacturing (industrial processing) sector, which contributed to a cumulative increase of 3.15% during the January–March 2026 period.

Which countries were the largest destinations for Indonesia's non-oil and gas exports?

The primary destinations for non-oil and gas exports were China, India, and ASEAN countries, with exports to China reaching 16.50 billion US dollars, up 17.49% year-on-year. Exports to the US and EU decreased.

What caused the decline in exports in March 2026 compared to March 2025?

The decline in March 2026 exports, down 3.10% year-on-year, was mainly due to decreases in non-oil and gas commodities such as animal and vegetable fats (down 27.02%), cocoa products (down 50.89%), and coffee, tea, and spices (down 54.69%).

How did Indonesia's imports perform from January to March 2026?

From January to March 2026, Indonesia's imports reached 61.30 billion US dollars, marking an increase of 10.05% compared to the same period in 2025.

Which types of imports contributed most to the increase in total imports?

Imports of raw materials and auxiliary goods were the main contributors, totaling 43.17 billion US dollars, up 6.89% compared to the same period last year. Key items included electrical machinery (HS85), precious metals and jewelry (HS71), and various chemicals (HS38).

How did the imports from different countries and regions change?

Import values increased from China, Australia, ASEAN, and the European Union, while imports from Japan decreased during the same period.

What were the year-on-year changes in imports for March 2026?

In March 2026, total imports reached 19.21 billion US dollars, an increase of 1.51% year-on-year. Oil and gas imports rose slightly by 1.34% to 3.17 billion US dollars, while non-oil and gas imports increased 1.54% to 16.04 billion US dollars.

Which import categories showed a decline in March 2026?

The import of consumer goods declined by 10.81% year-on-year, whereas imports of raw materials and auxiliary goods increased by 2.15%, and capital goods imports grew by 4.98%.

What were the top three non-oil and gas commodities imported by Indonesia in Q1 2026?

The top three non-oil and gas import commodities were mechanical machinery (9.44 billion US dollars, 1.12 million tons), electrical machinery and equipment (8.02 billion US dollars, 0.59 million tons), and plastics and plastic products (2.55 billion US dollars, 1.65 million tons), together accounting for approximately 37.77% of total non-oil and gas imports.

How did the volume of key imported commodities change compared to the previous year?

The volumes of the three main imported commodities increased compared to the same period in 2025. Mechanical machinery imports were 1.12 million tons, electrical machinery 0.59 million tons, and plastics 1.65 million tons, reflecting growth in both value and volume.