FX.co ★ Indonesia Trade Surplus Largest in Near 3 Years

Indonesia's trade surplus significantly expanded to USD 5.49 billion in August 2025, up from USD 3.23 billion in the same month of the prior year, surpassing market projections of a USD 3.99 billion surplus. This represents the most substantial trade surplus since October 2022, driven by an increase in exports coupled with a decline in imports. Export activities grew by 5.78% compared to the previous year, softening from July's 9.86% increase but still outpacing market predictions of a 5% rise, despite the effects of new US tariffs. Concurrently, imports fell by 6.56% year-on-year, following a 5.86% decrease in July. This signaled the second consecutive month of contraction and was the sharpest decline since May 2024, contrasting with market expectations of a 2% reduction.