FX.co ★ Indonesia’s Export Growth Cools in July, Easing to 6.05% YoY

Indonesia’s export momentum slowed in July 2026, with year-over-year growth easing to 6.05%, down from 8.84% in June 2026, according to data updated on 1 September 2026. The figures are based on a year-over-year comparison, measuring the change in exports for each month against the same month a year earlier.

The June 2026 reading of 8.84% reflected a stronger pace of annual export expansion, but July’s moderation to 6.05% suggests that external demand or commodity price support has begun to soften. While exports are still expanding on an annual basis, the deceleration may indicate emerging headwinds for Indonesia’s trade sector as it moves into the second half of 2026.

Analysts will be watching upcoming monthly data to see whether July’s weaker print marks the start of a more sustained cooling in export growth or a temporary pullback following several stronger months. For now, Indonesia remains in positive export territory, but with a narrower year-over-year gain than in the prior month.