Indonesia Trade Trends June 2026

According to data released by Statistics Indonesia, Indonesia recorded a trade deficit of USD 0.5 billion in June 2026, following a trade surplus of USD 4.1 billion in the same month of the previous year. The result reflected stronger import growth, which increased by 34 per cent year-on-year, supported by higher energy prices and domestic demand, while exports rose by 9 per cent, recovering from the decline recorded in May 2026.

Non-oil and gas exports increased by 9.5 per cent to USD 24 billion in June 2026, supported by stronger shipments to key trading partners, including the United States, China, Japan, and ASEAN countries. Exports to China increased by 20 per cent, followed by growth in shipments to the United States (15 per cent), ASEAN markets (12 per cent), and Japan (7 per cent). Meanwhile, oil and gas exports declined by 3.78 per cent, mainly due to lower crude oil and natural gas exports.

In the first half of 2026, Indonesia recorded a trade surplus of USD 3.6 billion. During the January–June period, exports increased by 4 per cent, while imports grew by 19 per cent, reflecting continued economic activity and stronger domestic demand.

China remained one of Indonesia’s most important trading partners, particularly for non-oil and gas commodities, supported by strong bilateral trade relations and Indonesia’s growing integration into regional supply chains. ASEAN markets also continued to represent a significant destination for Indonesian exports, reinforcing the country’s role within regional trade networks.

In its latest outlook, the International Monetary Fund estimated Indonesia’s GDP growth rate at around 5 per cent in 2026, supported by resilient domestic consumption, investment activity, and continued economic development.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union composed of ten member states, with a population of approximately 667 million people and a territory of 4.5 million km². It is currently the third-largest economy in the Asia-Pacific region and the fifth-largest economy in the world. The ASEAN Economic Community (AEC) has a combined GDP estimated at around USD 4.2 trillion in 2026, reflecting the region’s increasing importance in global trade and investment flows.