Indonesia’s trade surplus increased to USD 4.34 billion in September 2025, up from USD 3.18 billion in the same month a year earlier, but below forecasts of USD 4.79 billion. Exports surged 11.41% yoy, accelerating sharply from a 5.78% rise in August and exceeding expectations of a 7.72% increase. This marked the fastest export growth since February, with non-oil and gas exports soaring 12.79% to USD 23.68 billion, driven by strong demand from Indonesia’s top trading partner, China, which saw exports jump 12.79%. Meanwhile, shipments to the US accelerated to 9.08%. Meanwhile, imports rose 7.17%, rebounding from a 6.56% fall in August. This was the 1st increase in three months and the fastest pace since April, compared with estimates of a 1% gain, amid government efforts to boost domestic demand through various stimulus measures. For the 1st nine months of 2025, Indonesia recorded a trade surplus of USD 33.48 billion, with exports and imports rising 8.14% and 2.62%, respectively.