Indonesia only narrowly avoided a trade deficit in April as the cost of imported oil and gas products skyrocketed in April.

Economists predict declining demand from China will weigh on future exports

Indonesia only narrowly avoided a trade deficit in April as the cost of imported oil and gas products skyrocketed in April.

The trade balance for January-April 2026 consisted of a non-oil and gas surplus of US$14.16 billion and an oil and gas deficit of US 8.52 billion.