Jakarta, July 3 -- Indonesia posted a surge in trade surplus of 4.3 billion USD in May 2025, mainly driven by non-oil, gas commodities, and steel, according to Statistics Indonesia (BPS).
The US was the largest contributor to Indonesia's trade surplus over the first five months of the year with 7.08 billion USD, up 31% compared to that recorded in the Jan-May period last year.
Major exports from Indonesia to the US included electrical machinery, footwear, garments and palm oil. Notably, in the first quarter, the trade surplus with the US alone reached 4.32 billion USD, up from 3.61 billion USD in the same period last year.
The significant increase came amid proposed tariffs from the US. Indonesia has responded by negotiating increased im...