Indonesia's exports reached $26.22 billion in July, marking a 6.05% year-on-year increase, according to official data released on September 1, 2026. The figure exceeded the 3.36% growth projected in a Reuters poll, while the country also recorded its first trade surplus in three months. 

Imports jumped 27.02% annually, slightly above the 24% expected, resulting in a modest surplus of $130 million, according to Statistics Indonesia. 

Export performance was driven by manufactured items, including basic chemicals, refined nickel, and aluminum products.

As the world's top supplier of thermal coal, palm oil, and nickel, Indonesia has benefited from rising global prices for several key commodities this year, partly influenced by geopolitical tensions involving the U.S., Israel, and Iran. 

Despite elevated global crude prices, the country's oil and gas exports declined, as the government urged contractors to prioritize domestic supply. 

Separately, inflation data for August showed annual consumer price growth edged up to 3.19% from 2.88% in July, slightly above the poll's 3.13% forecast but still within the central bank's target range of 1.5-3.5%.

Core inflation, which excludes volatile food and administered prices, rose to 2.92%, compared with the projected 2.8% and July's 2.76%.