Indonesia’s Export Boom in April Signals Strong Trade Momentum

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JAKARTA – Indonesia recorded a remarkable surge in exports in April 2026, with shipments reaching US$25.30 billion, marking a 21.98% year-on-year increase.

The performance underscores the country’s resilience in global trade, driven largely by non-oil and gas commodities such as palm oil, nickel, and machinery.

Export Breakdown

Total exports: US$25.30 billion (+21.98% YoY). Oil & gas exports: US$1.15 billion (−1.20%). Non-oil & gas exports: US$24.15 billion (+23.36%)

The sharp rise in non oil and gas exports highlights Indonesia’s ongoing structural shift away from fossil fuels toward industrial and agricultural commodities.

Key Growth Drivers

Palm oil shipments rose 66.59%, contributing nearly 6% to overall growth. Nickel products exports jumped 75.25%, adding 2.17% to growth. Machinery & equipment increased 57.09%, contributing 1.47%.

These sectors reflect Indonesia’s growing role in global supply chains, particularly in electric vehicle batteries and food production.

Cumulative Performance (Jan–Apr 2026) total exports: US$92.15 billion (+5.48% YoY). Oil & gas exports: US$4.41 billion (−8.30%). Non-oil & gas exports: US$87.74 billion (+6.28%)

The manufacturing sector remains the backbone of export growth, contributing 7.71% to cumulative gains.

Key industries include processed nickel, palm oil, organic chemicals, and semiconductors.

Indonesia’s export surge comes amid volatile global demand and shifting commodity prices.

The decline in oil and gas shipments reflects both weaker global energy demand and Indonesia’s deliberate pivot toward non-oil industries.

Meanwhile, rising demand for nickel underscores the country’s strategic position in the EV battery supply chain, while palm oil continues to dominate food and industrial markets.

Commodity dependence: Heavy reliance on palm oil and nickel exposes Indonesia to price swings.

Global demand uncertainty slow down in China and Europe could dampen momentum.

Policy shifts export regulations, especially in resource sectors, may affect sustainability.

Despite these risks, April’s figures suggest Indonesia is well positioned to capitalize on global demand for industrial and agricultural commodities, reinforcing its role as a key player in regional trade.

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