
Indonesia’s Trade Surplus Narrows Significantly in April 2025
Indonesia’s Trade Balance Surplus (NPI) decreased significantly to US$0.16 billion in April 2025 from US$4.33 billion (Figure 1). This decline was due to a significant decrease in the non-oil and gas surplus, from US$ 6.00 billion in March 2025 to US$ 1.51 billion in April 2025. The main contributors of decreased 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 US$1.35 billion in April 2025, with crude oil and petroleum products as the main contributors. The NPI surplus has maintained its positive trend for 60 consecutive months since May 2020.