Indonesia Trade Surplus Beats Expectations

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Indonesia’s trade surplus widened to USD 2.52 billion in December 2025, up from USD 2.24 billion in the same month a year earlier and above market estimates of USD 2.45 billion, as exports rose more than imports. Exports unexpectedly grew 11.64% year-on-year to an over three-year high of USD 26.36 billion in December 2025, rebounding sharply from a 6.6% decline in November and easily beating market forecasts of a 2.4% fall. This marked the first increase in nearly a year and the fastest pace since February 2024. Meanwhile, imports unexpectedly rose 10.81%, accelerating sharply from 0.46% in November and well above market forecasts of a 0.7% decline.

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