The Ministry of Trade (Kemendag) recorded Indonesia’s imports reaching USD 18.92 billion in March 2025, marking a 0.38% increase compared to February 2025 (MoM) and a 5.34% rise compared to March 2024 (YoY). The March increase was driven by a 9.07% rise in oil and gas imports, while non-oil and gas imports declined by 1.18% (MoM). Year-on-year, non-oil and gas imports grew by 7.91%, while oil and gas imports saw a 5.98% decrease. Budi Santoso, the Minister of Trade, explained that March 2025 imports were mainly composed of raw materials and supporting goods (71.23%), followed by capital goods (19.56%) and consumer goods (9.21%).
In March 2025, both consumer and capital goods imports increased by 18.73% and 7.28% (MoM), respectively, while raw material and supporting goods imports fell by 3.27% (MoM). Significant increases in consumer goods included garlic, apples, oranges, color monitors, and electric vehicles. For capital goods, the rise was driven by sorting machines, heating machines, computers, airplanes, and tankers. In contrast, the decline in raw materials included wheat, soybeans, sugar, bitumen coal, and pipes. Non-oil and gas imports from China, Japan, and Thailand dominated, accounting for 52.21% of total non-oil and gas imports in March 2025. For the cumulative period from January to March 2025, total imports reached USD 55.71 billion, a 1.47% increase, driven by a 2.91% rise in non-oil and gas imports, while oil and gas imports fell by 5.85%.
