Indonesia Balance of Trade 1960-2015 | Data | Chart | Calendar | Forecast

Indonesia recorded a trade surplus of 477 USD Million in June of 2015. Balance of Trade in Indonesia averaged 764.26 USD Million from 1960 until 2015, reaching an all time high of 4641.92 USD Million in December of 2006 and a record low of -2329.13 USD Million in July of 2013. Balance of Trade in Indonesia is reported by the Statistics Indonesia.

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Indonesia Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
477.00 1076.60 4641.92 -2329.13 1960 - 2015 USD Million Monthly
Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, since 2012 the country started recording trade deficits as exports fell due to a slowdown in the global economy and falling commodity prices. In recent years, the biggest trade deficits were recorded with Thailand, Japan, South Korea, Australia and Germany. Indonesia records trade surpluses with India, United States, Malaysia, United Kingdom and Singapore. . This page provides the latest reported value for - Indonesia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Indonesia Balance of Trade - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-15 03:00 AM Apr $0.45B $1.13B $ 0.12B $ 0.7B
2015-06-15 05:00 AM May $0.95B $0.48B (R) $0.41B $ 0.5B
2015-07-15 04:00 AM Jun $0.48B $1.08B (R) $0.43B $ 0.9B
2015-08-18 04:15 AM Jul $0.48B $ 1B
2015-09-15 04:15 AM Aug $ 1.2B
2015-10-15 04:15 AM Sep $ 1.3B


Indonesia Trade Balance Swings to Surplus in June


Indonesia recorded a USD 477.7 million trade surplus in June of 2015, swinging from a 288 million deficit reported a year earlier and slightly above market consensus, as imports declined more than exports.

In June, exports fell by 12.78 percent year-on-year to USD13.44 billion. Sales of non-oil and gas products fell by 5.06 percent to USD11.99 billion and those of oil and gas dropped by 47.73 percent to USD1.46 billion.

Imports declined by 17.42 percent year-on-year to USD12.97 billion. Purchases of non-oil and gas products fell by 15.58 percent to USD10.39 billion and those of oil and gas decreased by 24.06 percent to USD2.58 billion.

Compared to the previous month, exports grew by 5.91 percent. Oil exports increased by 6.27 percent and sales of non-oil and gas products grew by 5.87 percent. By products, sales rose for: fat and animal/natural oils (+17.01 percent to USD 1.80 billion), machinery/electrical equipments (+11.05 percent to USD 729.9 million), rubber and rubber articles (+14.27 percent to USD 566.9 million), articles of apparel accessories (+19.79 percent to USD377.3 million) and ships, boats and floating structures (+186.90 percent to USD87.8 million). In contrast, outbond shipments declined for: mineral fuels (-7.51 percent to USD1.25 billion); pearls, precious and semi-precious stones (-23.63 percent to USD450.1 million); ores, slag and ash (-27.36 percent to USD369.1 million); articles of iron and steel (+64.23 percent to USD201.7 million); copper and articles thereof (-15.90 percent to USD136.3 million) and iron and steel (-17.40 percent to USD117.9 million).

Sales to the country's major trading partners were mostly up except those to Japan, India and Taiwan. Those to the ASEAN countries rose the most by 10.70 percent to USD2.44 billion, followed by China (+11.37 percent to USD1.23 billion), the US (+6.96 percent to USD 1.38 billion), the EU countries (+6.18 percent to USD1.39 billion), Australia (+45.35 percent to USD398.4 million) and South Korea (+8.94 percent to USD521.8 percent. In contrast, sales  to Japan declined by 2.79 percent to USD1.11 billion), India (-10.36 percent to USD1.06 billlion) and Taiwan (-13.01 percent to USD283.9 million).

Compared to the previous month, imports increased by 11.63 percent. Purchases of oil and gas rose 23.89 percent while those of non-oil and gas increased by 8.95 percent. Imports increased for all categories: raw materials (+12.06 percent to USD9.77 billion ), capital goods (+10.98 percent to USD2.16 billion) and consumption goods (+8.93 percent to USD1.03 billion).

In May 2015, the country posted a revised USD1.08 billion trade surplus.

During January to June 2015, Indonesia registered a USD4.35 billion trade surplus, as compared to a USD1.15 billion gap a year earlier.

South East Asia's biggest economy has been running a consistent trade surpluses since December 2014.

Statistics Indonesia l Rida Husna l rida@tradingeconomics.com
7/15/2015 7:33:20 AM


Recent Releases

Indonesia Trade Surplus Widens in May
Indonesia recorded a USD 955 million trade surplus in May of 2015, surging from a 53.27 million surplus reported a year earlier and beating market consensus, as imports declined more than exports.
Published on 2015-06-15

Indonesia Reports Trade Surplus in April
Indonesia recorded a USD 0.45 billion trade surplus in April of 2015, rebounding from a 1.96 billion deficit reported a year earlier and beating market consensus, as imports declined more than exports.
Published on 2015-05-15

Indonesia Trade Surplus Widens in March
Indonesia trade surplus was USD 1.13 billion in March of 2015, significantly up from a USD 0.67 billion surplus reported a year earlier and well ahead of market expectations.
Published on 2015-04-15

Indonesia Reports Trade Surplus For Third Consecutive Month
Indonesia trade surplus was USD 738.3 million in February of 2015, down from a USD 843.4 million surplus reported a year earlier but well ahead of market expectations.
Published on 2015-03-16


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 477.00 1076.60 4641.92 -2329.13 USD Million [+]
Exports 13440.70 12690.20 18647.83 30.00 USD Million [+]
Imports 12963.70 11613.60 17416.99 21.00 USD Million [+]
Current Account -3800.00 -5700.00 3795.00 -10133.00 USD Million [+]
Current Account to GDP -2.95 -3.20 4.80 -6.80 percent [+]
External Debt 292578.54 264060.33 292578.54 132629.00 USD Million [+]
Terms of Trade 100.10 98.35 135.30 89.01 Index Points [+]
Foreign Direct Investment 92200.00 82100.00 92200.00 35400.00 Billion IDR [+]
Remittances 2342.00 2135.00 2342.00 1202.00 USD Million [+]
Tourist Arrivals 793499.00 749882.00 915334.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 805.00 803.00 1720.00 772.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 15309.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]