KONTAN.CO.ID - JAKARTA. Indonesia's trade surplus widened in November to US$ 2.66 billion, official data showed on Monday, but came below expectations after exports weakened more than expected.

A Reuters poll had expected a $3.06 billion surplus in November after the country recorded a surplus of $2.39 billion in October.

Southeast Asia's biggest economy saw its trade surplus widen in 2025, with exports boosted earlier in the year by the frontloading of shipments ahead of the implementation of U.S. tariffs in August, which came as import growth softened.

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Exports fell 6.60% in November on a yearly basis to reach $22.52 billion, compared with a 0.53% drop forecast by analysts polled by Reuters.

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Imports in November were worth $19.86 billion, up 0.46% from a year earlier, compared with a 3.2% increase expected in the poll.

Indonesia has recently finalised free trade negotiations with the European Union and signed a free trade deal with the Russian-led Eurasian Economic Union, as it seeks to strengthen markets outside the United States. Jakarta has also set a target to sign a U.S. tariff deal by the end of this month.

Statistics Indonesia is due to provide the December inflation rate and other data on Friday.