Indonesian exports grew on year in January, while imports edged lower, the Indonesia Central Statistics Agency (CSA) reported Monday.

Indonesia's exports in January struck $21.45 billion, up 4.68% on year, while imports reached $18.00 billion, down 2.67% on year, said the CSA.

Indonesia ran a trade surplus of $3.45 billion in January, added the agency.

On month, Indonesian exports in January fell 8.56% from December, while imports declined by 15.18%.

Indonesia's largest non-oil export markets in January were mainland China, at $4.57 billion in exports, the US, at $2.34 billion, India at $1.23 billion, and Japan at $1.18 billion.

The nation's largest importing nation trading partners were mainland China at $6.34 billion, Japan at $1.15 billion, the US at $763.0 million, and Thailand at $730.1 million, reported the CSA.

By segment, Indonesia's largest export category in January was manufactured goods, which made up 79.9% of all outbound shipments, with the remainder split among mining, oil and gas and agriculture exports.

According to Bank Indonesia, the nation's gross domestic product (GDP) in 2025 is expected to expand by 4.7% to 5.5%, possibly cooling modestly from 2024, in part due to a projected slowdown in exports incurred by weakening demand from major trading partners.