Indonesia’s trade balance surplus (NPI) increased by 39.68% MoM to US$ 4.33 billion in March 2025 (Figure 1). This rise was supported by a non-oil and gas surplus of US$ 6.00 billion in March 2025, which saw a 24.22% MoM increase. Key contributors to this surplus included animal and vegetable fats and oils, mineral and vegetable fuels, and iron and steel. Meanwhile, the oil and gas trade balance recorded a deficit of US$ 1.67 billion in March 2025, primarily due to crude oil and petroleum products. Indonesia has maintained a trade surplus for 59 consecutive months since May 2020.