February 6, 2026 | 03:21 pm
TEMPO.CO, Jakarta - The Ministry of Trade records that the United States has become the largest contributor to the trade surplus in 2025. The Minister of Trade, Budi Santoso, revealed that Indonesia's trade surplus with America reached US$18.11 billion, surpassing India, which previously often held the top position.
"If we look at it, our largest surplus is actually with America, followed by India, the Philippines, the Netherlands, and Vietnam," said Budi Santoso in a press conference at the Ministry of Trade office on Friday, February 6, 2026.
India is in second place behind the U.S. with a surplus of $13.49 billion. Furthermore, the Philippines contributed a surplus of US$8.42 billion, followed by the Netherlands with US$4.81 billion, and Vietnam with US$4.47 billion.
Budi stated that this shift indicates a change in the map of Indonesia's main trading partners, especially amid the dynamics of global trade throughout 2025.
He said that this trading performance was achieved amid fairly tense geopolitical dynamics. In addition to increasing protectionism in several countries, the prices of Indonesia's primary commodities declined significantly throughout last year.
In the international market, the price of crude palm oil (CPO) decreased by 16.2 percent, while the price of coal fell by as much as 19.7 percent. "This certainly affects our main export performance, because these commodities contribute significantly to national exports," said Budi.
However, Indonesia's export performance still recorded growth. Throughout 2025, the value of Indonesia's exports increased by 6.15 percent compared to the previous year. Non-oil and gas exports even grew higher, reaching 7.66 percent. Several groups of manufactured products, including aluminum and its derivatives, as well as chemical products, also recorded an increase in exports.
Along with the export growth, Budi mentioned that Indonesia's trade balance surplus also surged significantly. In 2025, the trade surplus was recorded at $41.05 billion, marking a 31.03 percent increase from the previous year.
This achievement also marks Indonesia's 68th consecutive month of trade surpluses. "In any condition in the global market, we hope that we can continue to increase exports," said Budi.
Read: Purbaya Plays Down Moody's Downgrade of Indonesia's Debt Outlook
Click here to get the latest news updates from Tempo on Google News
FIFA Futsal World Ranking: Indonesia Becomes the Strongest Team
30 menit lalu
Indonesia took 24th place in the FIFA Futsal Ranking, earning 1190,97 points and reinforcing its status as one of Asia's strongest teams.
Why Is Sri Mulyani Mentioned in the Epstein Files?
4 jam lalu
Former Finance Minister Sri Mulyani is mentioned in three separate files in the Epstein Files. There is no evidence for direct ties between them.
Inside Prabowo-Australian PM Talks at the Palace
4 jam lalu
The state meeting between President Prabowo and PM Anthony Albanese opened with a casual chat.
OJK Cites Moody's Rating as Proof of Indonesia's Solid Economic Fundamentals
5 jam lalu
The OJK will continue to strengthen its policy synergy with the government and other relevant authorities to maintain financial system stability.
Indonesia Eyes Data Center Development in Batam
5 jam lalu
Danantara CEO Rosan Perkasa Roeslani believes that Indonesia has great opportunities to attract new investments, including by developing data centers.
Indonesia's Purbaya Mulls Reallocating Unspent Free Nutritious Meal Budget
7 jam lalu
This year, the government earmarked Rp335 trillion for the free nutritious meal program.
Indonesia Needs US$800bn Investments by 2029 to Achieve 8% Growth
8 jam lalu
Indonesia is on the right pathway to achieve 8 percent economic growth, said Investment Minister Rosan Roeslani.
Indonesia's Minister Airlangga Responds to Moody's Rating Downgrade
9 jam lalu
Minister Airlangga Hartarto sheds light on Moody's negative outlook on Indonesia's government debt.
Moody's Downgrades Indonesia Rating Outlook to Negative
10 jam lalu
Moody's on Thursday maintained Indonesia's credit ratings at Baa2, its second-lowest investment grade.
Moody's Cuts Indonesia's Outlook from Stable to Negative
19 jam lalu
Moody's has downgraded Indonesia's debt outlook from stable to negative, citing policy uncertainty and fiscal risks.
