Indonesia
INDONESIA’S TRADE DEFICIT NARROWS TO $450 MILLION
Indonesia recorded a US$450 million trade deficit in June 2026, a significant improvement from the US$1.61 billion deficit in May. The deficit was mainly driven by a US$3.49 billion oil and gas trade shortfall, as imports of crude oil and petroleum products surged. Oil and gas imports increased 105.15% year-on-year to US$4.56 billion, with Singapore and Malaysia remaining Indonesia’s key energy suppliers. Despite the overall deficit, Indonesia achieved a US$3.04 billion non-oil and gas trade surplus, supported by strong exports such as palm oil. For the first half of 2026, the country still posted a cumulative trade surplus of US$3.58 billion. The June deficit was also better than market expectations, as economists had forecast a shortfall of around US$700 million to US$1 billion, helped by lower crude oil prices and slower growth in capital goods imports.Source: https://jakartaglobe.id/business/indonesias-trade-deficit-narrows-to-450-million (ICE GIACARTA)
Fonte notizia: Jakarta Globe, 3 August 2026
