Indonesia Balance of Trade 1960-2014 | Data | Chart | Calendar | Forecast

Indonesia recorded a trade deficit of 318.0 USD Million in August of 2014. Balance of Trade in Indonesia averaged 771.15 USD Million from 1960 until 2014, 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.

   
 
 

Indonesia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-318.00 42.40 4641.92 -2329.13 1960 - 2014 USD Million Monthly
Since the 1970’s Indonesia has been recording trade surpluses due to exports growth. However, in 2012, the country posted trade deficit, as exports fell due to a slowdown in the global economy and surge in imports. Indonesia major exports are: oil and gas, electrical equipment, machinery and oils. The country imports mainly oil, electrical equipment, iron and steel. Main trading partners are: China (14 percent of total exports and 19 percent of total imports), Japan (12 percent of exports and 15 percent of imports) and the United States (9.5 percent of exports and 7.5 percent of imports). Others include: Singapore, Malaysia and South Korea. This page provides - Indonesia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Indonesia Balance of Trade - was last refreshed on Sunday, October 26, 2014.


Indonesia Trade Balance Swings to Deficit in August


Indonesia posted a USD 0.318 billion trade deficit in August of 2014, compared to a USD 0.07 billion surplus a year earlier and below market forecasts, as imports grew faster than exports. In July, the country posted a revised USD 0.043 billion trade surplus.

In August of 2014, exports amounted to USD 14.47 billion, a 10.6 percent increase compared to the same month a year ago. Oil exports fell 4.50 percent year-on-year, while overseas shipments for non-oil products gained 14.61 percent.

Sales to China and the US shrank 4.61 percent and 2.12 percent respectively compared to a month earlier. Outward shipments to Australia dropped the most by 34.5 percent. Exports to other major destinations were up from the previous month, namely to the EU countries (+7.46 percent), the ASEAN countries (+5.99 percent), Japan (+8.64 percent), India (+9.06 percent) and South Korea (+8.7 percent).

Inbound shipments amounted to USD 14.79 billion, a 13.7 percent increase from the same month last year.

Purchases from main countries increased compared to the preceding month: those from the USA accelerated 11.76 percent, Japan (+14.96 percent), China (+11.42 percent), South Korea (+23.20 percent), the EU countries (+24.18 percent), India (+20.62 percent) and from the ASEAN countries (+9.84 percent).

Both exports and imports to Taiwan in August of 2014 fell respectively by 1.01 percent and 2.95 percent.

On a monthly basis, oil exports rose 4.08 percent in August, while sales of non-oil products increased 2.14 percent. Imports of oil in the month shrank 18.54 percent and purchases of non-oil products increased 14.99 percent.

Statistics Indonesia l Rida l rida@tradingeconomics.com
10/1/2014 8:41:36 AM


Recent Releases

Indonesia Posts Trade Surplus in July
Indonesia posted a USD 0.13 billion trade surplus in July of 2014, compared with a USD 2.32 billion deficit a year earlier, as imports fell about three times more than exports. Published on 2014-09-01

Indonesia Trade Balance Swings to Deficit in June
Indonesia trade balance swung to USD 300 million deficit in June of 2014 from USD 70 million surplus in May as imports grew faster than exports. Published on 2014-08-04


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-01 05:00 AM Indonesia
Balance of Trade
May 2014 $ 0.07B $ -1.96B $ 0.41B $ -0B
2014-08-04 05:00 AM Indonesia
Balance of Trade
Jun 2014 $-0.3B $ 0.07B $ -0.39B $ -0.2B
2014-09-01 05:00 AM Indonesia
Balance of Trade
Jul 2014 $0.13B $-0.28B (R) $-0.39B $ -0.5B
2014-10-01 05:00 AM Indonesia
Balance of Trade
Aug 2014 $-0.32B $ 0.043B (R) $ 0.17B $ -0.1B
2014-11-03 04:15 AM Indonesia
Balance of Trade
Sep 2014 $-0.32B $ 0.1B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade -318.00 42.40 4641.92 -2329.13 USD Million [+]
Exports 14475.10 14124.10 18647.83 30.00 USD Million [+]
Imports 14793.20 14081.70 17416.99 21.00 USD Million [+]
Current Account -9113.20 -4150.90 3795.00 -10133.00 USD Million [+]
Current Account to GDP -3.30 -2.80 4.80 -6.80 Percent [+]
External Debt 264060.33 251199.94 264060.33 132629.00 USD Million [+]
Terms of Trade 100.58 101.81 135.30 89.01 Index Points [+]
Foreign Direct Investment 78300.00 78000.00 78300.00 35400.00 Billion IDR [+]
Remittances 2192.00 1901.00 2192.00 1202.00 USD Million [+]
Tourist Arrivals 826830.10 777216.50 860655.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 800.00 800.00 1720.00 785.00 BBL/D/1K [+]