Indonesia’s oil and gas imports experienced a significant surge in April 2026, climbing 82.52 percent compared to the same period last year. According to Pudji Ismartini, Deputy for Methodology and Statistical Information at Statistics Indonesia (BPS), the total value of oil and gas imports for the month reached US$ 4.59 billion.
This figure marks a sharp increase of US$ 2.07 billion from the US$ 2.51 billion recorded in April 2025. During a press conference in Jakarta on Thursday, June 2, 2026, Pudji explained that the 82.52 percent spike was driven primarily by a 67.49 percent rise in crude oil imports and an 87.76 percent increase in imported refined oil products.
Regarding the origin of these imports, the majority of crude oil supplies were sourced from Nigeria, Brazil, and Kazakhstan. Meanwhile, the increase in refined oil product imports was largely attributed to shipments from Malaysia, Singapore, and Russia.
On a cumulative basis, covering the period from January to April 2026, the value of oil and gas imports hit US$ 12.93 billion. This represents a 17.58 percent rise compared to the same timeframe in the previous year. BPS noted that this cumulative growth was fueled by an additional US$ 565.5 million in crude oil imports and US$ 1.36 billion in refined oil products.
Conversely, the oil and gas sector faced a decline in export value, resulting in a trade deficit. This deficit has placed considerable pressure on the national trade balance, which relies heavily on the non-oil and gas sector for surplus.
By April 2026, Indonesia’s trade surplus narrowed to just US$ 89.1 million, marking the lowest level in 72 months, or six years. This surplus was supported by a US$ 3.53 billion gain in non-oil and gas trade, which was largely offset by a US$ 3.44 billion deficit in the oil and gas sector.
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Summary
Indonesia’s oil and gas imports surged by 82.52% in April 2026, reaching a total value of US$ 4.59 billion. This significant increase was primarily driven by a sharp rise in crude oil imports from countries like Nigeria, Brazil, and Kazakhstan, alongside a substantial growth in refined oil products from Malaysia, Singapore, and Russia.
As a result of this import spike and a concurrent decline in export value, the oil and gas sector faced a major deficit. This development contributed to a narrowing of Indonesia’s overall trade surplus to US$ 89.1 million, the lowest level recorded in six years.