Indonesia Macro Update - Trade Balance 02 Oct 2026

KBVS MACRO UPDATE
Friday, 2 October 2026

Indonesia Trade Surplus Widens on Stronger Export Growth

Indonesia recorded a trade surplus of USD3.55 bn (Cons: USD0.74 bn, Prev: USD0.13 bn) in Aug ’26. This was primarily driven by stronger export growth to 6.72% YoY (Prev: 6.05% YoY), meanwhile import growth moderated to 19.09% YoY (Prev: 27.02% YoY).

Looking ahead, global trade disruptions and elevated shipping costs amid Strait of Hormuz tensions, alongside domestic import demand and energy needs, will remain key factors for the trade balance.

 

Regards,
Khairunnisa N Syahfiraputri, Kesa Mutia Dara - KBVS Research Team

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