Bank Indonesia (BI) views the trade balance surplus in July 2025 as a USD 4.17 billion surplus, indicating a positive outlook for further bolstering the external resilience of the Indonesian economy. According to data from the Central Statistics Agency (BPS), Indonesia's trade balance in July 2025 recorded a surplus of USD 4.17 billion, an increase compared to the USD 4.10 billion surplus in June 2025. Ramdan Denny Prakoso, Executive Director of the Communications Department of Bank Indonesia, stated that Bank Indonesia continues to strengthen policy synergy with the Government and other authorities to enhance external resilience and support sustainable national economic growth. He also stated that the higher trade balance surplus primarily stems from an increasing non-oil and gas trade surplus.
The non-oil and gas trade balance in July 2025 recorded a surplus of USD 5.75 billion, in line with an increase in non-oil and gas exports to USD 23.81 billion. "This performance is supported by natural resource-based exports such as mineral fuels and animal/vegetable fats and oils as well as exports of manufactured products such as machinery and mechanical equipment and their parts, as well as iron and steel," he said. Based on destination countries, non-oil and gas exports to China, the United States, and India remain the main contributors to Indonesia's exports. On the other hand, the oil and gas trade deficit increased to USD 1.58 billion in July 2025 in line with the increase in oil and gas imports amidst the decline in oil and gas exports. BPS recorded that Indonesia's export value reached USD 24.75 billion in July 2025. This figure increased 9.86% year-on-year (year-on-year) from July 2024. The value of oil and gas exports was recorded at USD 0.94 billion, down 34.13%. Meanwhile, the value of non-oil and gas exports was recorded to increase by 12.83 percent to USD 23.81 billion.
