The Surplus In The Trade Balance For May Supports The External Resilience Of Indonesia's Economy

Bank Indonesia (BI) views the trade balance surplus of Indonesia in May 2025 as a positive factor for further supporting the external resilience of the Indonesian economy.

According to data released by the Central Statistics Agency (BPS) on Tuesday (1/7), Indonesia's trade balance in May 2025 recorded a surplus of 4.30 billion US dollars, an increase compared to the surplus of 0.16 billion US dollars in April 2025.

"Bank Indonesia considers this trade balance surplus to be beneficial for further enhancing the external resilience of the Indonesian economy," stated the Executive Director of the BI Communication Department, Ramdan Denny Prakoso, in his remarks in Jakarta on Tuesday.

Looking ahead, Ramdan mentioned that Bank Indonesia will continue to strengthen policy synergy with the Government and other authorities to enhance external resilience and support sustainable national economic growth.

The higher trade balance surplus in May 2025 is primarily attributed to the increase in the non-oil and gas trade balance surplus.

The non-oil and gas trade balance in May 2025 recorded a surplus of 5.83 billion US dollars, alongside a rise in non-oil and gas exports, which reached 23.50 billion US dollars.

The positive performance of non-oil and gas exports is primarily supported by exports based on natural resources such as animal and vegetable fats and oils, precious metals, and jewelry/gems, as well as exports of manufactured products like iron and steel.

According to the destination countries, non-oil and gas exports to China, the United States (US), and India continue to be the main contributors to Indonesia's exports.

The trade balance deficit for oil and gas has risen to 1.53 billion US dollars in May 2025, in line with the increase in oil and gas imports amid a decline in oil and gas exports.

Tag: Bank Indonesia BPS Ramdan Denny Prakoso