Indonesia’s trade surplus narrowed to USD 2.4 billion in October 2025, slightly down from USD 2.48 billion in the same month a year earlier. It marked the smallest trade surplus since April, as exports fell more than imports. Exports dropped 2.31% year-on-year, reversing sharply from a 11.41% rise in September, marking the first decline in exports since March 2024, with oil and gas exports plunging 33.60%, while non–oil and gas exports fell 0.51% to USD 23.34 billion, after surging 12.79%. Meanwhile, imports fell 1.15%, following 7.17% growth in September. For the first ten months of 2025, Indonesia recorded a trade surplus of USD 35.88 billion, with exports and imports advancing 6.96% and 2.19%, respectively.