Indonesia recorded a stronger-than-expected trade surplus of USD 3.32 billion in March 2026, exceeding both market forecasts of USD 2.41 billion and the previous month’s USD 1.28 billion. The performance reflects resilient external trade fundamentals, supported by controlled import growth despite global economic uncertainties.

Although exports declined by 3.1% year-on-year to USD 22.53 billion due to softer demand for commodities such as mining products, cocoa, and coffee, imports rose modestly by 1.51% to USD 19.21 billion. This balanced dynamic helped sustain a healthy surplus, while ongoing policy support and stable inflation are expected to maintain macroeconomic stability and strengthen Indonesia’s trade outlook moving forward.
Source:
https://www.reuters.com/world/asia-pacific/indonesias-march-trade-surplus-expands-332-billion-2026-05-04/