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Indonesia’s trade surplus narrows to US$4.3 billion in September as imports rebound

Analysts say the pickup in imports signals a recovery in domestic demand

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Elisa Valenta

Elisa Valenta

Published Mon, Nov 3, 2025 · 04:39 PM
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    • Indonesia exported nearly 18 million tonnes of crude and refined palm oil in the January-to-September period.
    • Indonesia exported nearly 18 million tonnes of crude and refined palm oil in the January-to-September period. PHOTO: AFP

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    [JAKARTA] Indonesia’s trade surplus narrowed in September as imports rebounded, a sign that domestic demand is strengthening amid firmer manufacturing activity and an expansionary fiscal stance, analysts said.

    Official data released Monday (Nov 3) showed the country booked a US$4.3 billion trade surplus in September, down from US$5.5 billion in August and slightly below the US$4.8 billion median forecast in a Reuters poll.

    Indonesia has now recorded 65 straight months of trade surplus.

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