Indonesia posted a trade deficit of USD 0.45 billion in June 2026, shifting from a USD 4.11 billion surplus in the same month last year and missing expectations of a USD 0.79 billion deficit. It was the second consecutive monthly trade deficit, as import growth outpaced export growth. Imports surged 34.27% year-on-year, exceeding estimates of 25.3% and accelerating from a 22.16% increase in May. Meanwhile, exports grew 8.84%, rebounding from a 5.73% drop in May, which was the steepest decline in six months, and surpassing forecasts of a 0.25% rise.