Indonesia’s export performance turned sharply lower in March 2026, with year-over-year export growth falling to -3.10%, according to data updated on 4 May 2026. This marks a reversal from February 2026, when export growth still registered a modest 1.01% increase compared with the same month a year earlier.
The March figure indicates that Indonesia’s exports were lower than in March 2025, underscoring mounting headwinds for the country’s external sector. On a year-over-year basis, the previous reading for February compared exports to February 2025, while the latest number compares March 2026 exports with March 2025, highlighting a shift from mild expansion to outright contraction within just one month.
The downturn in the annual export growth rate may signal emerging pressures on Indonesia’s trade performance, with potential implications for overall economic momentum if the negative trend extends beyond March. Investors and policymakers will be closely watching upcoming data to gauge whether this contraction is temporary or the start of a more prolonged slowdown in external demand for Indonesian goods.
