Indonesia Trade Trends First Quarter 2026

According to data from Statistics Indonesia, the country’s exports for January–March 2026 reached USD 66.9 billion, a 0.34 percent increase compared to the same period in 2025. In March 2026, exports reached USD 22.5 billion, representing a 3.1 per cent decrease year-on-year, while imports rose by 1.5 per cent to USD 19.2 billion during the same period.

Southeast Asia’s largest economy recorded a trade surplus of USD 3.3 billion in March 2026. Indonesia’s trade surplus was primarily fueled by non-oil and gas commodities such as vegetable oils, mineral fuels, and nickel products.

Export growth was mainly driven by the manufacturing sector, including key commodities such as iron and steel, crude palm oil, and agriculture products.

In the first quarter of 2026, the top trading partners with Indonesia were China, followed by the US and India.

In its latest outlook, the International Monetary Fund estimated Indonesia’s GDP growth rate at 5.1 per cent for 2026.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten member states, comprising 667 million people and covering a territory of 4.5 million km². It is currently the third-largest economy in the Asia-Pacific region and the fifth-largest in the world. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, based on 2025 estimates.