FX.co ★ Indonesia’s Import Growth Cools to 10.85% in February, Easing from January Surge

Indonesia’s import growth decelerated in February 2026, with year-over-year expansion easing to 10.85%, down from a strong 18.21% increase recorded in January 2026. The latest data, updated on 1 April 2026, indicate that while imports are still rising compared with a year earlier, the pace of growth has moderated.

Both the January and February figures are based on year-over-year comparisons, measuring import growth against the same months in the previous year. The slowdown in February suggests a partial normalization following January’s elevated import activity, which may have reflected front-loaded demand, inventory restocking, or specific one-off factors.

Even with the softer reading, the double-digit increase in February points to continued underlying demand for foreign goods and inputs in Indonesia’s economy, though at a less rapid clip than at the start of the year.