Tuesday, 02 December 2025 09:59

Nickel to Steel — Key Contributors to Trade Balance Surplus

The Badan Pusat Statistik (BPS) reported that commodities such as animal/vegetable fats and oils, mineral fuels, steel and iron, nickel products, and footwear have been the main drivers of Indonesia’s trade surplus from January to October 2025. Specifically, fats and oils contributed about USD 28.12 billion, mineral fuels USD 22.59 billion, steel and iron USD 15.79 billion, nickel products USD 7.39 billion, and footwear USD 5.47 billion to the surplus. 

As a result, Indonesia’s cumulative trade surplus for the first ten months of 2025 reached USD 35.88 billion, marking a USD 10.98 billion increase compared with the same period last year. The surplus was driven by non-oil and gas commodities, totaling USD 51.51 billion, despite the oil and gas sectors still recording a deficit of USD 15.63 billion.

Source: https://www.tempo.co/ekonomi/nikel-hingga-besi-baja-jadi-penyumbang-utama-surplus-neraca-perdagangan-2094877 

 

 

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