Indonesia’s imports climbed 10.85% year-on-year to USD 20.89 billion in February 2026, slowing from 18.21% in January and coming in below market expectations of an 11.20% rise. Non-oil and gas imports rose 18.24% to USD 18.90 billion, mainly driven by higher purchases of machinery and mechanical appliances and parts thereof (19.61%) and electrical machinery and equipment and parts (51.60%). By contrast, oil and gas imports fell sharply, plunging 30.36% to USD 2.0 billion, due to lower imports of crude oil (-65.70%) and oil products (-16.13%). Among trading partners, non-oil and gas imports were primarily sourced from China, surging 29.01%, followed by ASEAN countries (27.78%), while imports from Japan (-16.47%) and the U.S. (-0.66%) declined. For the first two months of the year, imports rose 14.44% to USD 42.09 billion.