Trade Balance Records US$1.61 Billion Deficit, the First in 6 Years

After recording surplus since May 2020, the trade balance was recorded with US$1.61 billion deficit in may 2026. This first deficit after 72 consecutive months of surpluses was affected by the trade of oil and gas commodities. In the same time, the non-oil and gas trade was recorded with US$2.15 billion surplus. The export value in May 2026 was recorded at US$23.2 billion or declined by 5.73% from May 2025, meanwhile May 2026 import was recorded with 22.16% growth to US$24.82 billion from May 2025.