Trade Surplus Shrinks in October, Signaling Demand Recovery
December 2, 2025 • Ben Asmadeus
Finance Minister Purbaya Yudhi Sadewa said on Tuesday, 2 December 2025, that Indonesia's trade surplus in October 2025 fell to US$2.39 billion. The country, however, has maintained a surplus for 66 consecutive months.
A very large surplus often signals weak domestic demand because a high share of production is exported. The October decline from US$4.34 billion was driven by lower exports of non‑energy commodities such as animal and vegetable fats, mineral fuels, and iron and steel, suggesting stronger internal consumption.
Purbaya noted that the improvement in domestic demand could return the economy to normal growth. The cumulative surplus for January‑October 2025 reached US$35.88 billion, up from US$24.89 billion in the same period of 2024.
Source: DDTCNews