Jakarta, 1 December 2025 – Indonesia’s trade surplus narrowed to USD 2.4 billion in October, down slightly from USD 2.48 billion in the same month last year, marking the smallest surplus since April.

The contraction was driven by a decline in exports, which fell 2.31% year-on-year, reversing sharply from a 11.41% rise in September and marking the first drop since March 2024. Imports also declined, albeit modestly, by 1.15%, following 7.17% growth in September.

The narrower surplus reflects weaker external demand and signals potential headwinds for Indonesia’s trade performance in the coming months.