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TRADE BALANCE - JAKARTA. Indonesia's trade surplus widened in November to US$ 2.66 billion, official data showed on Monday, but came below expectations after exports weakened more than expected.
A Reuters poll had expected a $3.06 billion surplus in November after the country recorded a surplus of $2.39 billion in October.
Southeast Asia's biggest economy saw its trade surplus widen in 2025, with exports boosted earlier in the year by the frontloading of shipments ahead of the implementation of U.S. tariffs in August, which came as import growth softened.
Exports fell 6.60% in November on a yearly basis to reach $22.52 billion, compared with a 0.53% drop forecast by analysts polled by Reuters.
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Imports in November were worth $19.86 billion, up 0.46% from a year earlier, compared with a 3.2% increase expected in the poll.
Indonesia has recently finalised free trade negotiations with the European Union and signed a free trade deal with the Russian-led Eurasian Economic Union, as it seeks to strengthen markets outside the United States. Jakarta has also set a target to sign a U.S. tariff deal by the end of this month.
Statistics Indonesia is due to provide the December inflation rate and other data on Friday.
