Indonesia’s trade balance surplus (NPI) fell by 10.6% MoM to $3.12 billion in February 2025. This decline was driven by a 1.6% MoM decrease in the non-oil and gas surplus, which dropped to $4.84 billion in February 2025. The primary contributors to the surplus were 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 $1.72 billion in February 2025, primarily due to crude oil and petroleum product imports. Despite the decline, Indonesia’s trade balance surplus has remained intact for 58 consecutive months since May 2020.