Indonesia posts USD 450 million trade deficit in June
JAKARTA – Indonesia recorded a trade deficit of USD 450 million in June 2026, following a USD 1.61 billion deficit in the previous month, according to data from Statistics Indonesia (BPS).
Ateng Hartono, Deputy for Distribution and Services Statistics at BPS, said the June trade deficit was driven by the oil and gas sector, which posted a deficit of USD 3.49 billion.
"The main contributors to the oil and gas deficit were refined petroleum products and crude oil," Ateng said at a press conference on Monday (3/8).
Meanwhile, the non-oil and gas trade balance recorded a surplus of USD 3.04 billion in June 2026, up 41.4% month-on-month from USD 2.15 billion in May.
The larger non-oil and gas surplus helped narrow the overall trade deficit in June by around 72% from the previous month.
Ateng said the non-oil and gas surplus was supported by exports of animal or vegetable fats and oils, mineral fuels, and iron and steel.
Despite the June deficit, Indonesia's trade balance for the January–June 2026 period remained in surplus at USD 3.58 billion.
"The surplus in the first half of 2026 was mainly supported by a non-oil and gas surplus of USD 19.35 billion, while the oil and gas sector continued to post a deficit of USD 15.77 billion," Ateng said.
By trading partner, the United States generated Indonesia's largest trade surplus in the first half of 2026 at USD 8.55 billion, followed by India at USD 6.68 billion and the Philippines at USD 4.24 billion. (KR/ZH)