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

Indonesia recorded a trade surplus of 1131.60 USD Million in March of 2015. Balance of Trade in Indonesia averaged 764.86 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


Actual Previous Highest Lowest Dates Unit Frequency
1131.60 662.70 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 - 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 Monday, May 4, 2015.


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.

In March, exports fell by 9.75 percent year-on-year to USD 13.71 billion. Sales of non-oil and gas products fell by 6.61 percent to USD 11.72 billion and those of oil and gas dropped by 24.70 percent to USD 1.98 billion.

Imports declined by 13.39 percent year-on-year to USD 12.58 billion. Purchases of non-oil and gas products fell by 2.07 percent to USD 10.31 billion and those of oil and gas declined by 43.22 percent to USD 2.27 billion.

Compared to the previous month, exports increased by 12.63 percent. Oil exports rose by 13.43 percent and sales of non-oil and gas products gained 12.50 percent. By products, sales increased for: mineral fuels (+23.61 percent to USD 1.7 billion); pearls/gems (+24.15 percent to USD 668.4 million); fat and animal/natural oils (+8.97 percent to USD 1.57 billion); woods and woods articles (+33.31 percent to USD 395.9 million) and machine/ electrical equipments (+9.89 percent to USD 748.4 million). In contrast, exports declined for: tins (-21.15 percent to USD 107.2 million), nickel (-55.03 percent to USD 37.5 million) and iron & steel (-22.02 percent to USD 90.7 percent).

Outbound shipments to the country's major trading partners were mostly up except those to the EU countries and Australia. Sales to the ASEAN countries increased the most by 15.92 percent to USD 2.39 billion, followed by China (+17.3 percent) to USD 1.10 billion), Japan (+13.2 percent to USD 1.28 billion), the US (+11.84 percent to USD 1.32 billion), India (+14.13 percent to USD 1.09 billion) and South Korea (+10.22 percent to USD 492.5 million). In contrast, sales to the EU countries declined by 1.61 percent to USD 1.21 billion and those to Australia dropped by 16.51 percent to USD 165.1 million.

Compared to the previous month, imports increased 9.29 percent. Purchases of oil and gas in rose by 31.89 percent while those of non-oil and gas increased by 5.32 percent. Imports rose accross the board: capital goods (+21.52 percent to USD 2.34 billion million), raw materials (+6.25 percent to USD 9.31 billion and consumption goods (+12.99 percent to USD 930.7 million).

In February 2015, the country posted a revised USD 662.7 million trade surplus.

Statistics Indonesia l Rida Husna l rida@tradingeconomics.com
4/15/2015 9:36:35 AM


Recent Releases

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 Surplus Beats Markets Expectations
Indonesia reported a USD 709.4 million trade surplus in January of 2015, swinging from a USD 443.9 million deficit a year earlier as imports declined much faster than exports. Published on 2015-02-16


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-16 03:00 AM
Balance of Trade  Jan
$ 0.71B $ 0.19B $ -0.14B $ -0.25B
2015-03-16 04:00 AM
Balance of Trade  Feb
$ 0.74B $ 0.74B (R) $ 0.52B $ 0.54B
2015-04-15 04:00 AM
Balance of Trade  Mar
$1.13B $ 0.66B (R) $ 0.62B $ 0.4B
2015-05-15 04:15 AM
Balance of Trade  Apr
$1.13B $ -0.7B
2015-06-15 04:15 AM
Balance of Trade  May
$ -0.4B
2015-07-15 04:15 AM
Balance of Trade  Jun
$ -0.6B


Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 1131.60 662.70 4641.92 -2329.13 USD Million [+]
Exports 13710.80 12172.80 18647.83 30.00 USD Million [+]
Imports 12579.20 11510.10 17416.99 21.00 USD Million [+]
Current Account -6180.60 -6835.90 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 97.27 95.40 135.30 89.01 Index Points [+]
Foreign Direct Investment 82100.00 78700.00 78700.00 35400.00 Billion IDR [+]
Remittances 2147.00 2103.00 2194.00 1202.00 USD Million [+]
Tourist Arrivals 789570.50 786653.00 915334.00 548821.00 [+]
Gold Reserves 78.07 78.07 96.45 73.09 Tonnes [+]
Crude Oil Production 778.00 786.00 1720.00 772.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19515.32 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 6923.00 -6389.30 EUR Million [+]
Japan 229.26 Mar/15 -425.00 1608.67 -2795.04 JPY Billion [+]
Mexico 479.80 Mar/15 558.30 1710.25 -3292.30 USD Million [+]
Netherlands 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6150.00 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]