Exports from Indonesia rose 1.01% year-on-year to USD 22.17 billion in February 2026, slowing from a 3.39% increase in January and coming in below market expectations of 3.2%. It marked the softest growth in exports since last November, when outbound shipments declined. Non-oil and gas exports grew 1.30% to USD 21.09 billion, supported by increases in animal and vegetable fats and oils (16.19%), iron and steel (3.31%), and electrical machinery and equipment, including parts (11.05%), despite the largest decline being recorded in mineral fuels (-15.65%). Meanwhile, oil and gas exports dropped 4.25% to USD 1.08 billion, dragged down by sharp falls in crude oil (-34.24%) and declines in natural gas exports (-6.81%). These declines more than offset an 18.05% surge in oil product shipments. By destination, non-oil and gas exports grew mainly to top trading partners: China (21.20%), Japan (4.66%), and the US (5.97%). For the first two months of 2026, exports grew 2.19% to USD 44.32 billion.